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MI Regular Public School District 5 Schools

Grant Public School District

GRANT, MI 49327 • Newaygo County • 5 Operating Schools
(231) 834-5621
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,549 students
Census F-33 • FY 2024
Total Revenue
$25,533,000
Total Expenditure
$23,826,000
Classroom Instruction
$14,209,000
Outstanding Debt
$1,595,000

Revenue Sources

State Government Funds: $19,324,000 (75.7%) Local Taxes & Fees: $3,161,000 (12.4%) Federal Aid: $3,048,000 (11.9%)
State Government Funds $19,324,000 75.7%
Local Taxes & Fees $3,161,000 12.4%
Federal Aid $3,048,000 11.9%
Total Revenue $25,533,000 100.0%

Expenditure Allocation

Classroom Instruction: $14,209,000 (59.6%) Support Services: $7,681,000 (32.2%) Capital Outlays: $612,000 (2.6%) Other / Operations: $1,324,000 (5.6%)
Classroom Instruction $14,209,000 59.6%
Support Services $7,681,000 32.2%
Capital Outlays $612,000 2.6%
Other / Operations $1,324,000 5.6%
Total Expenditure $23,826,000 100.0%

Financial Comparison & Trends Chart

$0$4,750$9,500$14,250$19,000FY 2020 Revenue/Student: $10,654$10,654FY 2020 Expenditure/Student: $10,610$10,610FY 20201,788 stdsFY 2021 Revenue/Student: $12,331$12,331FY 2021 Expenditure/Student: $11,401$11,401FY 20211,697 stdsFY 2022 Revenue/Student: $13,188$13,188FY 2022 Expenditure/Student: $12,635$12,635FY 20221,643 stdsFY 2023 Revenue/Student: $15,182$15,182FY 2023 Expenditure/Student: $14,410$14,410FY 20231,638 stdsFY 2024 Revenue/Student: $16,484$16,484FY 2024 Expenditure/Student: $15,382$15,382FY 20241,549 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $16,484

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,549 $25,533,000 $23,826,000 $14,209,000 $612,000 $1,595,000
FY 2023 1,638 $24,868,000 $23,604,000 $14,702,000 $461,000 $2,190,000
FY 2022 1,643 $21,668,000 $20,760,000 $12,729,000 $395,000 $2,717,000
FY 2021 1,697 $20,926,000 $19,348,000 $12,193,000 $165,000 $3,219,000
FY 2020 1,788 $19,049,000 $18,971,000 $11,645,000 $536,000 $3,750,000