MI
Regular Public School District
4 Schools
Armada Area Schools
ARMADA, MI 48005
•
Macomb County
•
4 Operating Schools
(586) 784-2112
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 1,704 students
Total Revenue
$34,645,000
Total Expenditure
$33,937,000
Classroom Instruction
$14,591,000
Outstanding Debt
$48,000
Revenue Sources
| State Government Funds | $19,053,000 | 55% | |
| Local Taxes & Fees | $13,997,000 | 40.4% | |
| Federal Aid | $1,595,000 | 4.6% | |
| Total Revenue | $34,645,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $14,591,000 | 43% | |
| Support Services | $10,896,000 | 32.1% | |
| Capital Outlays | $5,350,000 | 15.8% | |
| Other / Operations | $3,100,000 | 9.1% | |
| Total Expenditure | $33,937,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $20,332
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 1,704 | $34,645,000 | $33,937,000 | $14,591,000 | $5,350,000 | $48,000 |
| FY 2023 | 1,746 | $31,132,000 | $28,579,000 | $14,592,000 | $1,556,000 | $57,496,000 |
| FY 2022 | 1,756 | $27,399,000 | $25,191,000 | $12,603,000 | $1,163,000 | $36,977,000 |
| FY 2021 | 1,735 | $25,681,000 | $21,881,000 | $11,108,000 | $727,000 | $40,212,000 |
| FY 2020 | 1,792 | $21,973,000 | $21,317,000 | $10,890,000 | $1,917,000 | $42,405,000 |