Funding sources compared

lunenburgbudgetproject.org — written by the Lunenburg Budget Project, an independent tool for residents. Not affiliated with the Town of Lunenburg, the School Committee or the school district. The data this page is computed from: /data/topics/monty-tech-revenue.json

Monty Tech took in $43,131,000 in FY2024 and Lunenburg schools $31,051,000: $30,204 and $19,653 a pupil.

Where the money comes from

Grants and donationsState Chapter 70 aidTown budgets, mostly property taxState transport aid and state-paid pensionsThe rest: school meals, tuition, fees

	Grants and donations	State Chapter 70 aid	Town budgets, mostly property tax	State transport aid and state-paid pensions	The rest: school meals, tuition, fees
Monty Tech	$3,318,000	$18,319,000	$11,991,000	$5,085,000	$4,418,000
Lunenburg schools	$2,221,000	$8,819,000	$16,157,000	$3,589,000	$265,000

Census Bureau, FY2024, each district’s revenue in dollars; grouping ours. Lunenburg’s town budget is 71.0% property tax (FY2026).

Revenue a pupil, by source

Grants and donationsState Chapter 70 aidTown budgets, mostly property taxState transport aid and state-paid pensionsThe rest: school meals, tuition, fees

	Grants and donations	State Chapter 70 aid	Town budgets, mostly property tax	State transport aid and state-paid pensions	The rest: school meals, tuition, fees
Monty Tech	$2,323	$12,829	$8,397	$3,561	$3,094
Lunenburg schools	$1,406	$5,582	$10,226	$2,271	$168

Each district’s revenue over its own pupils in the same file: Monty Tech, grades 9-12 from 18 towns; Lunenburg, PK-12. FY2024.

Shares of each district’s revenue

Grants and donationsState Chapter 70 aidTown budgets, mostly property taxState transport aid and state-paid pensionsThe rest: school meals, tuition, fees

	Grants and donations	State Chapter 70 aid	Town budgets, mostly property tax	State transport aid and state-paid pensions	The rest: school meals, tuition, fees
Monty Tech	7.7%	42.5%	27.8%	11.8%	10.2%
Lunenburg schools	7.2%	28.4%	52.0%	11.6%	0.9%

The same revenue as shares of each district’s total, FY2024, so the mix can be compared at any size.

1 · The facts

$43,131,000
Monty Tech revenue, every source, FY2024
$31,051,000
Lunenburg schools revenue, FY2024
1,428
Monty Tech pupils, grades 9-12, fall 2023
1,580
Lunenburg schools pupils, PK-12, fall 2023
$12,829
Chapter 70 aid a pupil, Monty Tech
$5,582
Chapter 70 aid a pupil, Lunenburg schools
$8,397
member town budgets a pupil, Monty Tech
$10,226
town budget a pupil, Lunenburg schools
7.7%
Monty Tech revenue from grants and donations (our grouping)
7.2%
Lunenburg schools revenue from grants and donations
$6,000
private gifts to Monty Tech
$137,000
private gifts to Lunenburg’s schools

2 · What it shows

1
Chapter 70 aid was $12,829 a pupil at Monty Tech, 2.3 times Lunenburg schools’ $5,582.
2
Town budgets paid $10,226 a pupil at Lunenburg schools and $8,397 at Monty Tech.
3
Grants and donations were 7.7% of Monty Tech’s revenue and 7.2% of Lunenburg schools’.
4
Private gifts: $6,000 to Monty Tech in FY2024, $137,000 to Lunenburg’s schools.

Revenue by source, FY2024

	Monty Tech	Lunenburg schools
Federal and state grants, less meals	$3,312,000	$2,084,000
Private gifts	$6,000	$137,000
School-meal money, federal and state	$1,280,000	$0
State Chapter 70 aid	$18,319,000	$8,819,000
State transportation aid	$2,196,000	$427,000
Pensions the state pays on its behalf	$2,889,000	$3,162,000
State capital and debt aid	$0	$0
Town budgets, mostly property tax	$11,991,000	$16,157,000
Paid by other school systemsCensus D11	$527,000	$149,000
Tuition paid by students, parents or private sourcesCensus A07	$1,313,000	$0
School meal salesCensus A09	$111,000	$0
Student activity receiptsCensus A13	$12,000	$0
Rent and use of school buildings and landCensus A40	$0	$80,000
Interest earnedCensus U22	$275,000	$0
Refunds and other local revenueCensus U97	$900,000	$36,000
Total revenue	$43,131,000	$31,051,000

Census Bureau. Town budgets: for Lunenburg, the Town of Lunenburg’s appropriation; for Monty Tech, what its member towns are assessed. The file reports thousands of dollars, shown here times 1,000; each total is checked against its items. The rows after town budgets are the rest of local revenue, one row per Census item; an item neither district reported is left out.

Paid by other school systems (D11): the form asks for “payments received from other school systems, both within and outside the state, for tuition, transportation, and other services”, and tells a regional district to report here any assessments paid by independent school districts.

Tuition (A07): the Census item is “Tuition fees from pupils, parents, and other private sources”, one of the form’s student-fee lines. Tuition another school system pays is D11, not this.

School meal sales (A09): what students, teachers and adults paid for breakfasts, lunches and milk, “not from state or federal funds”; those are the school-meal row above.

Student activity receipts (A13): gross receipts of district activity funds “under control of the custodian of district funds”.

Rent (A40): the Census item is “Rents and royalties”; the form asks for revenue “from allowing temporary possession or granting rights to the use of school district buildings, land, or other properties”.

Interest earned (U22): “interest earnings from all funds held by the school system”, every fund, not the general fund alone.

Refunds and other local revenue (U97): “receipts from refunds of prior year expenditures and other revenue from local sources not provided for elsewhere”. The survey does not split the two.

What Monty Tech’s tuition (A07), payments from other school systems (D11) and refunds and other revenue (U97) were for is not in any document held here. Its FY2024 budget book lists Practical Nursing and Continuing and Post Graduate Studies staff among those paid from revolving or special-revenue funds, so those programmes exist; it prints no revenue for them. Closes: Monty Tech’s audited financial statements, revenue by fund.

1 · The facts

2 · What it shows

Related

Sources