• 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 the School Aid Fund come from?

In fiscal year 2017, the top three sources of revenue in the School Aid Fund were sales and use taxes (42.9%), personal income tax (18.5%), and property taxes (13.5%). Below is a more complete breakdown of the funding sources: