More on Detroit: school funding

Last updated on: February 24, 2015 at 9:19 pm by Jane the Actuary

More on Detroit: school funding 2015-02-24T21:19:11-06:00 Jane the Actuary

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Here’s an intriguing table, compiled from data at the Mackinac Center for Public Policy website:

Per-Student Revenue by Source (2011 – 2012) Troy Detroit Local 5,398 3,548 State 6,967 8,226 Federal 406 4,493 Total 12,771 16,266 State and Federal only 7,373 12,718

Troy is, as some of you may have figured out by now, my hometown, a thoroughly suburban sort of place, whose claim to fame is the upscale Somerset Mall, and who, at one point, figured they were so set financially that they turned down a chance to be home to the Detroit-area Ikea. So I figure they’re a good comparator, and it is in this case striking that Detroit’s state and federal revenues exceed Troy’s entire revenue.

Put another way, Detroit spends $215,655,823 from local property taxes, and Troy $61,287,580. Based on the most recent population estimates, we have:

Troy Detroit Total local spending 61,287,580 215,655,823 Population 82,821 688,701 Per capita spending 740 313

Or, another table, based on census data that includes per-capita income:

Troy Detroit Per capita income 40,022 14,870 Local spending 61,287,580 215,655,823 Population 82,821 688,701 Total income 3,314,662,062 10,240,983,870 Local spend as % of income 1.8% 2.1%

Which means that Troy’s residents spend slightly less as a percent of their income, on school funding, than do Detroiters.

But lunch is over. What’s your take?

(Clarification: a portion of the property tax, statewide, is collected by the state, and shows up under State revenue. So this really differentiates between the two cities solely in terms of “additional” property tax.)

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