Banks, MI town hall & government
Banks spent $839,000 in the year to March 31, 2022, about $526 per resident.
Where the money goes, where it comes from, property taxes, and how to reach Banks's government.
Where Banks's money goes
Where the money comes from
- Property taxes 53%
- From the state 22%
- Interest, fines & other 21%
- Fees & charges 3%
- Other taxes & licenses <1%
Who works for Banks
Staff on the town's payroll in March 2022. Pay is March payroll times twelve, so it's approximate. Banks didn't report its staffing to the Census Bureau, so these are the Bureau's estimates.
Ellsworth Community Schools
Banks's K–12 school district, shared with Ellsworth. It is its own government, with a budget separate from the town's.
Where the district's money comes from Michigan districts overall: 34% local, 57% state, 9% federal
- Local 50%
- State 43%
- Federal 7%
Of the $18,104 per pupil, $11,652 goes to classroom instruction (teachers, aides, supplies); the rest to support services such as buses, buildings, counselors and administration. Building projects and debt payments aren't in the per-pupil figure.
Also serving Banks: Charlevoix Public Schools ($17,845 per pupil).
Which schools Banks kids attend, test scores and graduation rate →
What homeowners in Banks pay
The median yearly bill homeowners report, covering every local property tax on the home (town, schools, county). The effective rate is that bill divided by the median home value, so it's a rough guide, not the official tax rate. In a town this small the survey estimate has a wide margin.
Contact Banks's government
Who represents Banks
Banks is represented in Congress by Senators Gary C. Peters and Elissa Slotkin and Representative Jack Bergman. Gretchen Whitmer is governor.
Budget: U.S. Census Bureau, 2022 Census of Governments: Finance (every city and town government's revenue, spending and debt, grouped into plain categories). Property tax: Census American Community Survey, 5-year estimates.