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MI Regular Public School District 5 Schools

Godwin Heights Public Schools

GRAND RAPIDS, MI 49548 • Kent County • 5 Operating Schools
(616) 252-2090
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,993 students
Census F-33 • FY 2024
Total Revenue
$41,778,000
Total Expenditure
$41,471,000
Classroom Instruction
$21,678,000
Outstanding Debt
$18,375,000

Revenue Sources

State Government Funds: $23,492,000 (56.2%) Local Taxes & Fees: $12,799,000 (30.6%) Federal Aid: $5,487,000 (13.1%)
State Government Funds $23,492,000 56.2%
Local Taxes & Fees $12,799,000 30.6%
Federal Aid $5,487,000 13.1%
Total Revenue $41,778,000 100.0%

Expenditure Allocation

Classroom Instruction: $21,678,000 (52.3%) Support Services: $10,732,000 (25.9%) Capital Outlays: $1,012,000 (2.4%) Other / Operations: $8,049,000 (19.4%)
Classroom Instruction $21,678,000 52.3%
Support Services $10,732,000 25.9%
Capital Outlays $1,012,000 2.4%
Other / Operations $8,049,000 19.4%
Total Expenditure $41,471,000 100.0%

Financial Comparison & Trends Chart

$0$6,250$12,500$18,750$25,000FY 2020 Revenue/Student: $14,990$14,990FY 2020 Expenditure/Student: $14,309$14,309FY 20202,064 stdsFY 2021 Revenue/Student: $16,541$16,541FY 2021 Expenditure/Student: $16,637$16,637FY 20212,029 stdsFY 2022 Revenue/Student: $17,176$17,176FY 2022 Expenditure/Student: $19,784$19,784FY 20222,033 stdsFY 2023 Revenue/Student: $19,843$19,843FY 2023 Expenditure/Student: $20,021$20,021FY 20232,026 stdsFY 2024 Revenue/Student: $20,962$20,962FY 2024 Expenditure/Student: $20,808$20,808FY 20241,993 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $20,962

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,993 $41,778,000 $41,471,000 $21,678,000 $1,012,000 $18,375,000
FY 2023 2,026 $40,202,000 $40,563,000 $21,236,000 $3,694,000 $22,939,000
FY 2022 2,033 $34,919,000 $40,221,000 $18,848,000 $6,935,000 $23,612,000
FY 2021 2,029 $33,561,000 $33,756,000 $17,313,000 $3,102,000 $25,247,000
FY 2020 2,064 $30,940,000 $29,534,000 $16,251,000 $446,000 $14,020,000