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MI Regular Public School District 1 Schools

Burt Township School District

GRAND MARAIS, MI 49839 • Alger County • 1 Operating Schools
(906) 494-2543

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 40 students
Census F-33 • FY 2024
Total Revenue
$2,130,000
Total Expenditure
$1,677,000
Classroom Instruction
$744,000
Outstanding Debt
$1,015,000

Revenue Sources

State Government Funds: $920,000 (43.2%) Local Taxes & Fees: $968,000 (45.4%) Federal Aid: $242,000 (11.4%)
State Government Funds $920,000 43.2%
Local Taxes & Fees $968,000 45.4%
Federal Aid $242,000 11.4%
Total Revenue $2,130,000 100.0%

Expenditure Allocation

Classroom Instruction: $744,000 (44.4%) Support Services: $683,000 (40.7%) Capital Outlays: $17,000 (1%) Other / Operations: $233,000 (13.9%)
Classroom Instruction $744,000 44.4%
Support Services $683,000 40.7%
Capital Outlays $17,000 1%
Other / Operations $233,000 13.9%
Total Expenditure $1,677,000 100.0%

Financial Comparison & Trends Chart

$0$17,000$34,000$51,000$68,000FY 2020 Revenue/Student: $37,226$37,226FY 2020 Expenditure/Student: $59,129$59,129FY 202031 stdsFY 2021 Revenue/Student: $41,000$41,000FY 2021 Expenditure/Student: $36,867$36,867FY 202130 stdsFY 2022 Revenue/Student: $57,828$57,828FY 2022 Expenditure/Student: $46,069$46,069FY 202229 stdsFY 2023 Revenue/Student: $55,571$55,571FY 2023 Expenditure/Student: $56,600$56,600FY 202335 stdsFY 2024 Revenue/Student: $53,250$53,250FY 2024 Expenditure/Student: $41,925$41,925FY 202440 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $59,129

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 40 $2,130,000 $1,677,000 $744,000 $17,000 $1,015,000
FY 2023 35 $1,945,000 $1,981,000 $733,000 $457,000 $1,060,000
FY 2022 29 $1,677,000 $1,336,000 $612,000 $84,000 $1,100,000
FY 2021 30 $1,230,000 $1,106,000 $505,000 $116,000 $1,140,000
FY 2020 31 $1,154,000 $1,833,000 $480,000 $804,000 $1,180,000