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MI Regular Public School District 16 Schools

Farmington Public School District

FARMINGTON, MI 48336 • Oakland County • 16 Operating Schools
(248) 489-3340
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 9,154 students
Census F-33 • FY 2024
Total Revenue
$200,240,000
Total Expenditure
$211,341,000
Classroom Instruction
$102,803,000
Outstanding Debt
$158,900,000

Revenue Sources

State Government Funds: $101,378,000 (50.6%) Local Taxes & Fees: $87,563,000 (43.7%) Federal Aid: $11,299,000 (5.6%)
State Government Funds $101,378,000 50.6%
Local Taxes & Fees $87,563,000 43.7%
Federal Aid $11,299,000 5.6%
Total Revenue $200,240,000 100.0%

Expenditure Allocation

Classroom Instruction: $102,803,000 (48.6%) Support Services: $66,568,000 (31.5%) Capital Outlays: $26,361,000 (12.5%) Other / Operations: $15,609,000 (7.4%)
Classroom Instruction $102,803,000 48.6%
Support Services $66,568,000 31.5%
Capital Outlays $26,361,000 12.5%
Other / Operations $15,609,000 7.4%
Total Expenditure $211,341,000 100.0%

Financial Comparison & Trends Chart

$0$6,750$13,500$20,250$27,000FY 2020 Revenue/Student: $16,439$16,439FY 2020 Expenditure/Student: $16,793$16,793FY 20209,418 stdsFY 2021 Revenue/Student: $17,838$17,838FY 2021 Expenditure/Student: $16,993$16,993FY 20219,108 stdsFY 2022 Revenue/Student: $18,150$18,150FY 2022 Expenditure/Student: $19,282$19,282FY 20228,937 stdsFY 2023 Revenue/Student: $20,676$20,676FY 2023 Expenditure/Student: $22,351$22,351FY 20239,041 stdsFY 2024 Revenue/Student: $21,875$21,875FY 2024 Expenditure/Student: $23,087$23,087FY 20249,154 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $23,087

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 9,154 $200,240,000 $211,341,000 $102,803,000 $26,361,000 $158,900,000
FY 2023 9,041 $186,933,000 $202,073,000 $96,169,000 $33,669,000 $173,975,000
FY 2022 8,937 $162,210,000 $172,326,000 $87,184,000 $19,704,000 $161,695,000
FY 2021 9,108 $162,470,000 $154,773,000 $82,368,000 $13,013,000 $169,384,000
FY 2020 9,418 $154,820,000 $158,158,000 $83,705,000 $16,870,000 $176,759,000