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MI Regular Public School District 4 Schools

Bangor Public Schools (Van Buren)

BANGOR, MI 49013 • Van Buren County • 4 Operating Schools
(269) 427-6800
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 972 students
Census F-33 • FY 2024
Total Revenue
$18,887,000
Total Expenditure
$18,966,000
Classroom Instruction
$9,851,000
Outstanding Debt
$12,958,000

Revenue Sources

State Government Funds: $11,472,000 (60.7%) Local Taxes & Fees: $4,245,000 (22.5%) Federal Aid: $3,170,000 (16.8%)
State Government Funds $11,472,000 60.7%
Local Taxes & Fees $4,245,000 22.5%
Federal Aid $3,170,000 16.8%
Total Revenue $18,887,000 100.0%

Expenditure Allocation

Classroom Instruction: $9,851,000 (51.9%) Support Services: $6,291,000 (33.2%) Capital Outlays: $808,000 (4.3%) Other / Operations: $2,016,000 (10.6%)
Classroom Instruction $9,851,000 51.9%
Support Services $6,291,000 33.2%
Capital Outlays $808,000 4.3%
Other / Operations $2,016,000 10.6%
Total Expenditure $18,966,000 100.0%

Financial Comparison & Trends Chart

$0$5,750$11,500$17,250$23,000FY 2020 Revenue/Student: $13,013$13,013FY 2020 Expenditure/Student: $12,283$12,283FY 20201,104 stdsFY 2021 Revenue/Student: $15,168$15,168FY 2021 Expenditure/Student: $12,614$12,614FY 20211,038 stdsFY 2022 Revenue/Student: $15,600$15,600FY 2022 Expenditure/Student: $14,773$14,773FY 20221,043 stdsFY 2023 Revenue/Student: $19,922$19,922FY 2023 Expenditure/Student: $19,195$19,195FY 2023998 stdsFY 2024 Revenue/Student: $19,431$19,431FY 2024 Expenditure/Student: $19,512$19,512FY 2024972 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $19,922

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 972 $18,887,000 $18,966,000 $9,851,000 $808,000 $12,958,000
FY 2023 998 $19,882,000 $19,157,000 $9,804,000 $1,383,000 $9,331,000
FY 2022 1,043 $16,271,000 $15,408,000 $7,360,000 $832,000 $10,165,000
FY 2021 1,038 $15,744,000 $13,093,000 $7,093,000 $208,000 $11,155,000
FY 2020 1,104 $14,366,000 $13,560,000 $7,105,000 $392,000 $7,771,000