MI
Specialized Public School District
1 Schools
Gratiot-Isabella RESD
ITHACA, MI 48847
•
Gratiot County
•
1 Operating Schools
(989) 875-5101
Official Website
Fiscal Year 2024 Financial Balance Sheet
Total Revenue
$53,837,000
Total Expenditure
$41,963,000
Classroom Instruction
$13,163,000
Outstanding Debt
$0
Revenue Sources
| State Government Funds | $19,815,000 | 36.8% | |
| Local Taxes & Fees | $27,287,000 | 50.7% | |
| Federal Aid | $6,735,000 | 12.5% | |
| Total Revenue | $53,837,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $13,163,000 | 31.4% | |
| Support Services | $24,663,000 | 58.8% | |
| Capital Outlays | $922,000 | 2.2% | |
| Other / Operations | $3,215,000 | 7.7% | |
| Total Expenditure | $41,963,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $1
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | N/A | $53,837,000 | $41,963,000 | $13,163,000 | $922,000 | $0 |
| FY 2023 | N/A | $49,692,000 | $39,102,000 | $11,640,000 | $734,000 | $0 |
| FY 2022 | N/A | $39,723,000 | $31,781,000 | $7,604,000 | $300,000 | $0 |
| FY 2021 | N/A | $37,662,000 | $28,356,000 | $6,945,000 | $186,000 | $0 |
| FY 2020 | 0 | $37,001,000 | $32,354,000 | $7,481,000 | $529,000 | $0 |