MI
Regular Public School District
3 Schools
Akron-Fairgrove Schools
FAIRGROVE, MI 48733
•
Tuscola County
•
3 Operating Schools
(989) 693-6163
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 347 students
Total Revenue
$7,501,000
Total Expenditure
$7,456,000
Classroom Instruction
$3,349,000
Outstanding Debt
$8,403,000
Revenue Sources
| State Government Funds | $3,609,000 | 48.1% | |
| Local Taxes & Fees | $2,325,000 | 31% | |
| Federal Aid | $1,567,000 | 20.9% | |
| Total Revenue | $7,501,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $3,349,000 | 44.9% | |
| Support Services | $2,607,000 | 35% | |
| Capital Outlays | $101,000 | 1.4% | |
| Other / Operations | $1,399,000 | 18.8% | |
| Total Expenditure | $7,456,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $26,026
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 347 | $7,501,000 | $7,456,000 | $3,349,000 | $101,000 | $8,403,000 |
| FY 2023 | 340 | $7,574,000 | $7,057,000 | $3,242,000 | $441,000 | $9,063,000 |
| FY 2022 | 344 | $6,367,000 | $8,276,000 | $2,632,000 | $2,883,000 | $9,631,000 |
| FY 2021 | 340 | $6,024,000 | $8,849,000 | $2,296,000 | $3,834,000 | $10,183,000 |
| FY 2020 | 319 | $5,162,000 | $6,908,000 | $2,301,000 | $2,541,000 | $8,617,000 |