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MI Regular Public School District 1 Schools

Grant Township S/D #2

COPPER HARBOR, MI 49918 • Keweenaw County • 1 Operating Schools
(906) 289-4447
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 3 students
Census F-33 • FY 2024
Total Revenue
$287,000
Total Expenditure
$239,000
Classroom Instruction
$132,000
Outstanding Debt
$0

Revenue Sources

State Government Funds: $31,000 (10.8%) Local Taxes & Fees: $252,000 (87.8%) Federal Aid: $4,000 (1.4%)
State Government Funds $31,000 10.8%
Local Taxes & Fees $252,000 87.8%
Federal Aid $4,000 1.4%
Total Revenue $287,000 100.0%

Expenditure Allocation

Classroom Instruction: $132,000 (55.2%) Support Services: $106,000 (44.4%) Other / Operations: $1,000 (0.4%)
Classroom Instruction $132,000 55.2%
Support Services $106,000 44.4%
Capital Outlays $0 0%
Other / Operations $1,000 0.4%
Total Expenditure $239,000 100.0%

Financial Comparison & Trends Chart

$0$27,750$55,500$83,250$111,000FY 2020 Revenue/Student: $39,667$39,667FY 2020 Expenditure/Student: $47,333$47,333FY 20206 stdsFY 2021 Revenue/Student: $32,375$32,375FY 2021 Expenditure/Student: $27,500$27,500FY 20218 stdsFY 2022 Revenue/Student: $26,200$26,200FY 2022 Expenditure/Student: $22,700$22,700FY 202210 stdsFY 2024 Revenue/Student: $95,667$95,667FY 2024 Expenditure/Student: $79,667$79,667FY 20243 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $95,667

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 3 $287,000 $239,000 $132,000 $0 $0
FY 2022 10 $262,000 $227,000 $149,000 $0 $0
FY 2021 8 $259,000 $220,000 $144,000 $0 $0
FY 2020 6 $238,000 $284,000 $136,000 $55,000 $43,000