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
Grants and donations were 10.7% of Monty Tech’s FY2024 revenue; Chapter 70 aid and town budgets, 70.3%.
Where the money comes from
Grants and donationsState Chapter 70 aidTown budgets, mostly property taxOther state moneyOther local money
Grants and donations
State Chapter 70 aid
Town budgets, mostly property tax
Other state money
Other local money
Monty Tech
10.7%
42.5%
27.8%
11.8%
7.3%
Lunenburg schools
7.2%
28.4%
52.0%
11.6%
0.9%
Census Bureau, FY2024, shares of each district’s revenue; grouping ours. Lunenburg’s town budget is 71.0% property tax (FY2026).
1 · The facts
$43,131,000
Monty Tech revenue, every source, FY2024
$4,598,000
of it grants and donations (our grouping)
10.7%
share from grants and donations
$30,310,000
Chapter 70 aid plus member town budgets
70.3%
share from Chapter 70 and town budgets
$6,000
private gifts to Monty Tech
$31,051,000
Lunenburg schools revenue, FY2024
$2,221,000
of it grants and donations
7.2%
share from grants and donations
80.4%
share from Chapter 70 and the town budget
$137,000
private gifts to Lunenburg’s schools
$3,681,900
grant awards Monty Tech charts, a later year
2 · What it shows
1
Grants and donations brought Monty Tech $4,598,000 of $43,131,000 in FY2024, 10.7%.
2
State Chapter 70 aid and member town budgets brought 70.3%, over six times as much.
3
Lunenburg’s schools took 7.2% from grants and donations; Chapter 70 and the town budget, 80.4%.
4
Private gifts: $6,000 to Monty Tech in FY2024, $137,000 to Lunenburg’s schools.
Revenue by source, FY2024
Monty Tech
Share
Lunenburg schools
Share
Federal grants
$3,054,000
7.1%
$1,928,000
6.2%
State program grants
$1,538,000
3.6%
$156,000
0.5%
Private gifts
$6,000
under 0.1%
$137,000
0.4%
State Chapter 70 aid
$18,319,000
42.5%
$8,819,000
28.4%
State transportation aid
$2,196,000
5.1%
$427,000
1.4%
Pensions the state pays on its behalf
$2,889,000
6.7%
$3,162,000
10.2%
Town budgets, mostly property tax
$11,991,000
27.8%
$16,157,000
52.0%
Other local: tuition, fees, interest, other
$3,138,000
7.3%
$265,000
0.9%
Total revenue
$43,131,000
100.0%
$31,051,000
100.0%
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.