MI
Regular Public School District
3 Schools
Fulton Schools
MIDDLETON, MI 48856
•
Gratiot County
•
3 Operating Schools
(989) 236-7300
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 544 students
Total Revenue
$10,419,000
Total Expenditure
$11,901,000
Classroom Instruction
$4,824,000
Outstanding Debt
$8,852,000
Revenue Sources
| State Government Funds | $6,324,000 | 60.7% | |
| Local Taxes & Fees | $3,222,000 | 30.9% | |
| Federal Aid | $873,000 | 8.4% | |
| Total Revenue | $10,419,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $4,824,000 | 40.5% | |
| Support Services | $3,437,000 | 28.9% | |
| Capital Outlays | $2,399,000 | 20.2% | |
| Other / Operations | $1,241,000 | 10.4% | |
| Total Expenditure | $11,901,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $25,156
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 544 | $10,419,000 | $11,901,000 | $4,824,000 | $2,399,000 | $8,852,000 |
| FY 2023 | 558 | $10,904,000 | $14,037,000 | $4,845,000 | $4,726,000 | $10,419,000 |
| FY 2022 | 557 | $9,835,000 | $12,032,000 | $4,335,000 | $3,524,000 | $9,584,000 |
| FY 2021 | 611 | $9,251,000 | $9,264,000 | $3,900,000 | $1,757,000 | $9,769,000 |
| FY 2020 | 646 | $8,281,000 | $8,612,000 | $4,596,000 | $51,000 | $135,000 |