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MI Regular Public School District 5 Schools

Godfrey-Lee Public Schools

WYOMING, MI 49509 • Kent County • 5 Operating Schools
(616) 241-4722
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,737 students
Census F-33 • FY 2024
Total Revenue
$38,751,000
Total Expenditure
$41,971,000
Classroom Instruction
$15,303,000
Outstanding Debt
$20,271,000

Revenue Sources

State Government Funds: $26,823,000 (69.2%) Local Taxes & Fees: $8,595,000 (22.2%) Federal Aid: $3,333,000 (8.6%)
State Government Funds $26,823,000 69.2%
Local Taxes & Fees $8,595,000 22.2%
Federal Aid $3,333,000 8.6%
Total Revenue $38,751,000 100.0%

Expenditure Allocation

Classroom Instruction: $15,303,000 (36.5%) Support Services: $10,218,000 (24.3%) Capital Outlays: $9,973,000 (23.8%) Other / Operations: $6,477,000 (15.4%)
Classroom Instruction $15,303,000 36.5%
Support Services $10,218,000 24.3%
Capital Outlays $9,973,000 23.8%
Other / Operations $6,477,000 15.4%
Total Expenditure $41,971,000 100.0%

Financial Comparison & Trends Chart

$0$7,500$15,000$22,500$30,000FY 2020 Revenue/Student: $14,817$14,817FY 2020 Expenditure/Student: $12,859$12,859FY 20201,818 stdsFY 2021 Revenue/Student: $15,433$15,433FY 2021 Expenditure/Student: $13,369$13,369FY 20211,809 stdsFY 2022 Revenue/Student: $17,617$17,617FY 2022 Expenditure/Student: $17,891$17,891FY 20221,730 stdsFY 2023 Revenue/Student: $21,109$21,109FY 2023 Expenditure/Student: $25,953$25,953FY 20231,650 stdsFY 2024 Revenue/Student: $22,309$22,309FY 2024 Expenditure/Student: $24,163$24,163FY 20241,737 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $25,953

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,737 $38,751,000 $41,971,000 $15,303,000 $9,973,000 $20,271,000
FY 2023 1,650 $34,830,000 $42,823,000 $14,950,000 $14,497,000 $24,598,000
FY 2022 1,730 $30,477,000 $30,951,000 $14,398,000 $4,406,000 $3,799,000
FY 2021 1,809 $27,918,000 $24,185,000 $12,620,000 $1,157,000 $3,385,000
FY 2020 1,818 $26,938,000 $23,377,000 $12,345,000 $511,000 $17,125,000