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MI Regular Public School District 5 Schools

Fremont Public School District

FREMONT, MI 49412 • Newaygo County • 5 Operating Schools
(231) 924-2350
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 2,095 students
Census F-33 • FY 2024
Total Revenue
$38,299,000
Total Expenditure
$33,703,000
Classroom Instruction
$19,231,000
Outstanding Debt
$32,998,000

Revenue Sources

State Government Funds: $24,056,000 (62.8%) Local Taxes & Fees: $11,371,000 (29.7%) Federal Aid: $2,872,000 (7.5%)
State Government Funds $24,056,000 62.8%
Local Taxes & Fees $11,371,000 29.7%
Federal Aid $2,872,000 7.5%
Total Revenue $38,299,000 100.0%

Expenditure Allocation

Classroom Instruction: $19,231,000 (57.1%) Support Services: $8,678,000 (25.7%) Capital Outlays: $1,645,000 (4.9%) Other / Operations: $4,149,000 (12.3%)
Classroom Instruction $19,231,000 57.1%
Support Services $8,678,000 25.7%
Capital Outlays $1,645,000 4.9%
Other / Operations $4,149,000 12.3%
Total Expenditure $33,703,000 100.0%

Financial Comparison & Trends Chart

$0$5,500$11,000$16,500$22,000FY 2020 Revenue/Student: $13,849$13,849FY 2020 Expenditure/Student: $12,502$12,502FY 20202,107 stdsFY 2021 Revenue/Student: $14,896$14,896FY 2021 Expenditure/Student: $13,696$13,696FY 20212,036 stdsFY 2022 Revenue/Student: $16,158$16,158FY 2022 Expenditure/Student: $14,563$14,563FY 20222,035 stdsFY 2023 Revenue/Student: $18,261$18,261FY 2023 Expenditure/Student: $17,370$17,370FY 20232,092 stdsFY 2024 Revenue/Student: $18,281$18,281FY 2024 Expenditure/Student: $16,087$16,087FY 20242,095 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $18,281

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 2,095 $38,299,000 $33,703,000 $19,231,000 $1,645,000 $32,998,000
FY 2023 2,092 $38,201,000 $36,339,000 $19,200,000 $3,896,000 $32,380,000
FY 2022 2,035 $32,881,000 $29,635,000 $17,310,000 $953,000 $34,018,000
FY 2021 2,036 $30,329,000 $27,886,000 $15,299,000 $1,414,000 $36,146,000
FY 2020 2,107 $29,179,000 $26,341,000 $15,295,000 $1,288,000 $38,154,000