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MI Regular Public School District 1 Schools

Alba Public Schools

ALBA, MI 49611 • Antrim County • 1 Operating Schools
(231) 584-2000
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 101 students
Census F-33 • FY 2024
Total Revenue
$1,939,000
Total Expenditure
$1,830,000
Classroom Instruction
$892,000
Outstanding Debt
$0

Revenue Sources

State Government Funds: $631,000 (32.5%) Local Taxes & Fees: $953,000 (49.1%) Federal Aid: $355,000 (18.3%)
State Government Funds $631,000 32.5%
Local Taxes & Fees $953,000 49.1%
Federal Aid $355,000 18.3%
Total Revenue $1,939,000 100.0%

Expenditure Allocation

Classroom Instruction: $892,000 (48.7%) Support Services: $765,000 (41.8%) Capital Outlays: $37,000 (2%) Other / Operations: $136,000 (7.4%)
Classroom Instruction $892,000 48.7%
Support Services $765,000 41.8%
Capital Outlays $37,000 2%
Other / Operations $136,000 7.4%
Total Expenditure $1,830,000 100.0%

Financial Comparison & Trends Chart

$0$5,750$11,500$17,250$23,000FY 2020 Revenue/Student: $16,882$16,882FY 2020 Expenditure/Student: $14,245$14,245FY 2020110 stdsFY 2021 Revenue/Student: $16,640$16,640FY 2021 Expenditure/Student: $13,360$13,360FY 2021111 stdsFY 2022 Revenue/Student: $18,856$18,856FY 2022 Expenditure/Student: $15,165$15,165FY 202297 stdsFY 2023 Revenue/Student: $19,750$19,750FY 2023 Expenditure/Student: $16,969$16,969FY 202396 stdsFY 2024 Revenue/Student: $19,198$19,198FY 2024 Expenditure/Student: $18,119$18,119FY 2024101 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $19,750

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 101 $1,939,000 $1,830,000 $892,000 $37,000 $0
FY 2023 96 $1,896,000 $1,629,000 $774,000 $35,000 $200,000
FY 2022 97 $1,829,000 $1,471,000 $709,000 $17,000 $200,000
FY 2021 111 $1,847,000 $1,483,000 $763,000 $31,000 $425,000
FY 2020 110 $1,857,000 $1,567,000 $873,000 $22,000 $650,000