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MI Regular Public School District 1 Schools

Arvon Township School District

SKANEE, MI 49962 • Baraga County • 1 Operating Schools
(906) 524-7336

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 12 students
Census F-33 • FY 2024
Total Revenue
$575,000
Total Expenditure
$534,000
Classroom Instruction
$293,000
Outstanding Debt
$0

Revenue Sources

State Government Funds: $69,000 (12%) Local Taxes & Fees: $463,000 (80.5%) Federal Aid: $43,000 (7.5%)
State Government Funds $69,000 12%
Local Taxes & Fees $463,000 80.5%
Federal Aid $43,000 7.5%
Total Revenue $575,000 100.0%

Expenditure Allocation

Classroom Instruction: $293,000 (54.9%) Support Services: $182,000 (34.1%) Capital Outlays: $50,000 (9.4%) Other / Operations: $9,000 (1.7%)
Classroom Instruction $293,000 54.9%
Support Services $182,000 34.1%
Capital Outlays $50,000 9.4%
Other / Operations $9,000 1.7%
Total Expenditure $534,000 100.0%

Financial Comparison & Trends Chart

$0$14,750$29,500$44,250$59,000FY 2020 Revenue/Student: $26,077$26,077FY 2020 Expenditure/Student: $30,923$30,923FY 202013 stdsFY 2021 Revenue/Student: $43,111$43,111FY 2021 Expenditure/Student: $41,111$41,111FY 20219 stdsFY 2022 Revenue/Student: $50,333$50,333FY 2022 Expenditure/Student: $47,333$47,333FY 20229 stdsFY 2023 Revenue/Student: $50,500$50,500FY 2023 Expenditure/Student: $49,200$49,200FY 202310 stdsFY 2024 Revenue/Student: $47,917$47,917FY 2024 Expenditure/Student: $44,500$44,500FY 202412 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $50,500

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 12 $575,000 $534,000 $293,000 $50,000 $0
FY 2023 10 $505,000 $492,000 $292,000 $4,000 $662,000
FY 2022 9 $453,000 $426,000 $251,000 $4,000 $0
FY 2021 9 $388,000 $370,000 $216,000 $6,000 $0
FY 2020 13 $339,000 $402,000 $210,000 $49,000 $0