MI
Regular Public School District
4 Schools
Durand Area Schools
DURAND, MI 48429
•
Shiawassee County
•
4 Operating Schools
(989) 288-2681
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 1,203 students
Total Revenue
$20,940,000
Total Expenditure
$27,530,000
Classroom Instruction
$11,542,000
Outstanding Debt
$38,437,000
Revenue Sources
| State Government Funds | $13,910,000 | 66.4% | |
| Local Taxes & Fees | $5,577,000 | 26.6% | |
| Federal Aid | $1,453,000 | 6.9% | |
| Total Revenue | $20,940,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $11,542,000 | 41.9% | |
| Support Services | $5,065,000 | 18.4% | |
| Capital Outlays | $7,970,000 | 29% | |
| Other / Operations | $2,953,000 | 10.7% | |
| Total Expenditure | $27,530,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $22,981
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 1,203 | $20,940,000 | $27,530,000 | $11,542,000 | $7,970,000 | $38,437,000 |
| FY 2023 | 1,242 | $20,271,000 | $28,542,000 | $10,798,000 | $10,112,000 | $37,735,000 |
| FY 2022 | 1,231 | $19,555,000 | $24,939,000 | $9,658,000 | $8,126,000 | $39,947,000 |
| FY 2021 | 1,258 | $17,231,000 | $15,744,000 | $9,119,000 | $380,000 | $40,715,000 |
| FY 2020 | 1,308 | $15,839,000 | $14,944,000 | $8,565,000 | $279,000 | $17,805,000 |