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MI Regular Public School District 7 Schools

Cedar Springs Public Schools

CEDAR SPRINGS, MI 49319 • Kent County • 7 Operating Schools
(616) 696-1204
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 3,101 students
Census F-33 • FY 2024
Total Revenue
$59,709,000
Total Expenditure
$71,363,000
Classroom Instruction
$26,308,000
Outstanding Debt
$79,670,000

Revenue Sources

State Government Funds: $38,265,000 (64.1%) Local Taxes & Fees: $18,252,000 (30.6%) Federal Aid: $3,192,000 (5.3%)
State Government Funds $38,265,000 64.1%
Local Taxes & Fees $18,252,000 30.6%
Federal Aid $3,192,000 5.3%
Total Revenue $59,709,000 100.0%

Expenditure Allocation

Classroom Instruction: $26,308,000 (36.9%) Support Services: $17,001,000 (23.8%) Capital Outlays: $16,629,000 (23.3%) Other / Operations: $11,425,000 (16%)
Classroom Instruction $26,308,000 36.9%
Support Services $17,001,000 23.8%
Capital Outlays $16,629,000 23.3%
Other / Operations $11,425,000 16%
Total Expenditure $71,363,000 100.0%

Financial Comparison & Trends Chart

$0$6,750$13,500$20,250$27,000FY 2020 Revenue/Student: $12,933$12,933FY 2020 Expenditure/Student: $11,501$11,501FY 20203,597 stdsFY 2021 Revenue/Student: $14,351$14,351FY 2021 Expenditure/Student: $13,211$13,211FY 20213,425 stdsFY 2022 Revenue/Student: $15,726$15,726FY 2022 Expenditure/Student: $18,404$18,404FY 20223,341 stdsFY 2023 Revenue/Student: $17,597$17,597FY 2023 Expenditure/Student: $20,875$20,875FY 20233,202 stdsFY 2024 Revenue/Student: $19,255$19,255FY 2024 Expenditure/Student: $23,013$23,013FY 20243,101 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $23,013

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 3,101 $59,709,000 $71,363,000 $26,308,000 $16,629,000 $79,670,000
FY 2023 3,202 $56,344,000 $66,843,000 $26,501,000 $16,978,000 $85,351,000
FY 2022 3,341 $52,540,000 $61,488,000 $25,972,000 $14,491,000 $52,852,000
FY 2021 3,425 $49,153,000 $45,248,000 $24,655,000 $2,960,000 $53,591,000
FY 2020 3,597 $46,520,000 $41,369,000 $23,495,000 $1,217,000 $28,700,000