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MI Regular Public School District 6 Schools

Bedford Public Schools

TEMPERANCE, MI 48182 • Monroe County • 6 Operating Schools
(734) 850-6000
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 3,940 students
Census F-33 • FY 2024
Total Revenue
$64,571,000
Total Expenditure
$56,561,000
Classroom Instruction
$30,964,000
Outstanding Debt
$29,212,000

Revenue Sources

State Government Funds: $45,241,000 (70.1%) Local Taxes & Fees: $15,442,000 (23.9%) Federal Aid: $3,888,000 (6%)
State Government Funds $45,241,000 70.1%
Local Taxes & Fees $15,442,000 23.9%
Federal Aid $3,888,000 6%
Total Revenue $64,571,000 100.0%

Expenditure Allocation

Classroom Instruction: $30,964,000 (54.7%) Support Services: $19,739,000 (34.9%) Capital Outlays: $2,291,000 (4.1%) Other / Operations: $3,567,000 (6.3%)
Classroom Instruction $30,964,000 54.7%
Support Services $19,739,000 34.9%
Capital Outlays $2,291,000 4.1%
Other / Operations $3,567,000 6.3%
Total Expenditure $56,561,000 100.0%

Financial Comparison & Trends Chart

$0$4,750$9,500$14,250$19,000FY 2020 Revenue/Student: $11,630$11,630FY 2020 Expenditure/Student: $12,088$12,088FY 20204,262 stdsFY 2021 Revenue/Student: $13,397$13,397FY 2021 Expenditure/Student: $15,218$15,218FY 20214,120 stdsFY 2022 Revenue/Student: $13,234$13,234FY 2022 Expenditure/Student: $14,946$14,946FY 20224,079 stdsFY 2023 Revenue/Student: $15,633$15,633FY 2023 Expenditure/Student: $14,604$14,604FY 20233,977 stdsFY 2024 Revenue/Student: $16,389$16,389FY 2024 Expenditure/Student: $14,356$14,356FY 20243,940 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $16,389

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 3,940 $64,571,000 $56,561,000 $30,964,000 $2,291,000 $29,212,000
FY 2023 3,977 $62,171,000 $58,082,000 $29,766,000 $4,484,000 $30,708,000
FY 2022 4,079 $53,980,000 $60,963,000 $27,158,000 $12,805,000 $33,488,000
FY 2021 4,120 $55,195,000 $62,697,000 $25,593,000 $18,548,000 $34,662,000
FY 2020 4,262 $49,568,000 $51,521,000 $25,844,000 $7,645,000 $29,667,000