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MI Regular Public School District 1 Schools

Bangor Township S/D #8

BANGOR, MI 49013 • Van Buren County • 1 Operating Schools
(269) 674-8091

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 25 students
Census F-33 • FY 2024
Total Revenue
$283,000
Total Expenditure
$236,000
Classroom Instruction
$190,000
Outstanding Debt
$0

Revenue Sources

State Government Funds: $246,000 (86.9%) Local Taxes & Fees: $37,000 (13.1%)
State Government Funds $246,000 86.9%
Local Taxes & Fees $37,000 13.1%
Federal Aid $0 0%
Total Revenue $283,000 100.0%

Expenditure Allocation

Classroom Instruction: $190,000 (80.5%) Support Services: $38,000 (16.1%) Capital Outlays: $8,000 (3.4%)
Classroom Instruction $190,000 80.5%
Support Services $38,000 16.1%
Capital Outlays $8,000 3.4%
Total Expenditure $236,000 100.0%

Financial Comparison & Trends Chart

$0$3,500$7,000$10,500$14,000FY 2020 Revenue/Student: $8,958$8,958FY 2020 Expenditure/Student: $9,625$9,625FY 202024 stdsFY 2021 Revenue/Student: $10,040$10,040FY 2021 Expenditure/Student: $10,000$10,000FY 202125 stdsFY 2022 Revenue/Student: $10,538$10,538FY 2022 Expenditure/Student: $10,231$10,231FY 202226 stdsFY 2023 Revenue/Student: $11,500$11,500FY 2023 Expenditure/Student: $11,917$11,917FY 202324 stdsFY 2024 Revenue/Student: $11,320$11,320FY 2024 Expenditure/Student: $9,440$9,440FY 202425 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $11,917

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 25 $283,000 $236,000 $190,000 $8,000 $0
FY 2023 24 $276,000 $286,000 $242,000 $0 $0
FY 2022 26 $274,000 $266,000 $226,000 $0 $0
FY 2021 25 $251,000 $250,000 $208,000 $7,000 $0
FY 2020 24 $215,000 $231,000 $198,000 $0 $0