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Frequently Asked Questions Regarding the State's Finances
The following questions provide an easily understandable overview of Michigan's finances. To find the answer to a particular question, click on it. Where appropriate, answers may include links to additional, more detailed information. We are interested in hearing your thoughts or suggestions regarding the questions and answers. Use this link to submit comments.

  State Finances
Where does the funding for K-12 education come from?

In fiscal year 2013, the top three sources of revenue used to fund K-12 education were sales and use taxes (42.6%), personal income tax (17.7%), and property taxes (13.4%). Below is a more complete breakdown of K-12 funding sources:

School Aid Fund - Fiscal Year 2011 Funding Sources

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