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MI Regular Public School District 4 Schools

Boyne City Public Schools

BOYNE CITY, MI 49712 • Charlevoix County • 4 Operating Schools
(231) 439-8190
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,261 students
Census F-33 • FY 2024
Total Revenue
$25,645,000
Total Expenditure
$29,979,000
Classroom Instruction
$13,103,000
Outstanding Debt
$24,243,000

Revenue Sources

State Government Funds: $8,452,000 (33%) Local Taxes & Fees: $15,622,000 (60.9%) Federal Aid: $1,571,000 (6.1%)
State Government Funds $8,452,000 33%
Local Taxes & Fees $15,622,000 60.9%
Federal Aid $1,571,000 6.1%
Total Revenue $25,645,000 100.0%

Expenditure Allocation

Classroom Instruction: $13,103,000 (43.7%) Support Services: $6,633,000 (22.1%) Capital Outlays: $8,344,000 (27.8%) Other / Operations: $1,899,000 (6.3%)
Classroom Instruction $13,103,000 43.7%
Support Services $6,633,000 22.1%
Capital Outlays $8,344,000 27.8%
Other / Operations $1,899,000 6.3%
Total Expenditure $29,979,000 100.0%

Financial Comparison & Trends Chart

$0$7,000$14,000$21,000$28,000FY 2020 Revenue/Student: $13,982$13,982FY 2020 Expenditure/Student: $12,724$12,724FY 20201,344 stdsFY 2021 Revenue/Student: $15,544$15,544FY 2021 Expenditure/Student: $15,250$15,250FY 20211,270 stdsFY 2022 Revenue/Student: $16,340$16,340FY 2022 Expenditure/Student: $23,909$23,909FY 20221,278 stdsFY 2023 Revenue/Student: $18,616$18,616FY 2023 Expenditure/Student: $20,104$20,104FY 20231,292 stdsFY 2024 Revenue/Student: $20,337$20,337FY 2024 Expenditure/Student: $23,774$23,774FY 20241,261 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $23,909

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,261 $25,645,000 $29,979,000 $13,103,000 $8,344,000 $24,243,000
FY 2023 1,292 $24,052,000 $25,974,000 $12,720,000 $5,207,000 $26,128,000
FY 2022 1,278 $20,882,000 $30,556,000 $11,092,000 $12,600,000 $19,775,000
FY 2021 1,270 $19,741,000 $19,367,000 $10,485,000 $2,768,000 $21,538,000
FY 2020 1,344 $18,792,000 $17,101,000 $9,935,000 $2,096,000 $22,246,000