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MI Regular Public School District 3 Schools

Almont Community Schools

ALMONT, MI 48003 • Lapeer County • 3 Operating Schools
(810) 798-8561
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,397 students
Census F-33 • FY 2024
Total Revenue
$23,519,000
Total Expenditure
$19,188,000
Classroom Instruction
$11,340,000
Outstanding Debt
$41,151,000

Revenue Sources

State Government Funds: $16,243,000 (69.1%) Local Taxes & Fees: $6,658,000 (28.3%) Federal Aid: $618,000 (2.6%)
State Government Funds $16,243,000 69.1%
Local Taxes & Fees $6,658,000 28.3%
Federal Aid $618,000 2.6%
Total Revenue $23,519,000 100.0%

Expenditure Allocation

Classroom Instruction: $11,340,000 (59.1%) Support Services: $6,287,000 (32.8%) Capital Outlays: $178,000 (0.9%) Other / Operations: $1,383,000 (7.2%)
Classroom Instruction $11,340,000 59.1%
Support Services $6,287,000 32.8%
Capital Outlays $178,000 0.9%
Other / Operations $1,383,000 7.2%
Total Expenditure $19,188,000 100.0%

Financial Comparison & Trends Chart

$0$5,000$10,000$15,000$20,000FY 2020 Revenue/Student: $12,245$12,245FY 2020 Expenditure/Student: $10,360$10,360FY 20201,463 stdsFY 2021 Revenue/Student: $14,492$14,492FY 2021 Expenditure/Student: $12,282$12,282FY 20211,363 stdsFY 2022 Revenue/Student: $14,918$14,918FY 2022 Expenditure/Student: $12,344$12,344FY 20221,382 stdsFY 2023 Revenue/Student: $16,183$16,183FY 2023 Expenditure/Student: $13,676$13,676FY 20231,402 stdsFY 2024 Revenue/Student: $16,835$16,835FY 2024 Expenditure/Student: $13,735$13,735FY 20241,397 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $16,835

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,397 $23,519,000 $19,188,000 $11,340,000 $178,000 $41,151,000
FY 2023 1,402 $22,688,000 $19,174,000 $11,400,000 $153,000 $11,045,000
FY 2022 1,382 $20,616,000 $17,059,000 $10,101,000 $352,000 $12,369,000
FY 2021 1,363 $19,752,000 $16,740,000 $9,225,000 $476,000 $15,680,000
FY 2020 1,463 $17,915,000 $15,157,000 $8,697,000 $747,000 $23,547,000