MI
Regular Public School District
3 Schools
Covert Public Schools
COVERT, MI 49043
•
Van Buren County
•
3 Operating Schools
(269) 764-3704
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 344 students
Total Revenue
$9,741,000
Total Expenditure
$7,273,000
Classroom Instruction
$3,560,000
Outstanding Debt
$4,091,000
Revenue Sources
| State Government Funds | $1,419,000 | 14.6% | |
| Local Taxes & Fees | $7,184,000 | 73.8% | |
| Federal Aid | $1,138,000 | 11.7% | |
| Total Revenue | $9,741,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $3,560,000 | 48.9% | |
| Support Services | $2,650,000 | 36.4% | |
| Capital Outlays | $118,000 | 1.6% | |
| Other / Operations | $945,000 | 13% | |
| Total Expenditure | $7,273,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $31,279
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 344 | $9,741,000 | $7,273,000 | $3,560,000 | $118,000 | $4,091,000 |
| FY 2023 | 308 | $9,634,000 | $6,668,000 | $3,201,000 | $132,000 | $4,225,000 |
| FY 2022 | 321 | $8,585,000 | $6,277,000 | $3,127,000 | $0 | $5,607,000 |
| FY 2021 | 353 | $8,243,000 | $5,930,000 | $3,082,000 | $11,000 | $6,217,000 |
| FY 2020 | 369 | $8,334,000 | $6,431,000 | $3,113,000 | $180,000 | $6,812,000 |