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MI Regular Public School District 4 Schools

Grosse Ile Township Schools

GROSSE ILE, MI 48138 • Wayne County • 4 Operating Schools
(734) 362-2581

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,565 students
Census F-33 • FY 2024
Total Revenue
$30,470,000
Total Expenditure
$32,169,000
Classroom Instruction
$14,228,000
Outstanding Debt
$38,470,000

Revenue Sources

State Government Funds: $19,713,000 (64.7%) Local Taxes & Fees: $8,739,000 (28.7%) Federal Aid: $2,018,000 (6.6%)
State Government Funds $19,713,000 64.7%
Local Taxes & Fees $8,739,000 28.7%
Federal Aid $2,018,000 6.6%
Total Revenue $30,470,000 100.0%

Expenditure Allocation

Classroom Instruction: $14,228,000 (44.2%) Support Services: $10,691,000 (33.2%) Capital Outlays: $3,956,000 (12.3%) Other / Operations: $3,294,000 (10.2%)
Classroom Instruction $14,228,000 44.2%
Support Services $10,691,000 33.2%
Capital Outlays $3,956,000 12.3%
Other / Operations $3,294,000 10.2%
Total Expenditure $32,169,000 100.0%

Financial Comparison & Trends Chart

$0$6,000$12,000$18,000$24,000FY 2020 Revenue/Student: $13,275$13,275FY 2020 Expenditure/Student: $12,982$12,982FY 20201,781 stdsFY 2021 Revenue/Student: $15,050$15,050FY 2021 Expenditure/Student: $13,581$13,581FY 20211,712 stdsFY 2022 Revenue/Student: $15,422$15,422FY 2022 Expenditure/Student: $14,156$14,156FY 20221,659 stdsFY 2023 Revenue/Student: $17,297$17,297FY 2023 Expenditure/Student: $16,746$16,746FY 20231,594 stdsFY 2024 Revenue/Student: $19,470$19,470FY 2024 Expenditure/Student: $20,555$20,555FY 20241,565 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $20,555

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,565 $30,470,000 $32,169,000 $14,228,000 $3,956,000 $38,470,000
FY 2023 1,594 $27,572,000 $26,693,000 $14,377,000 $908,000 $40,585,000
FY 2022 1,659 $25,585,000 $23,484,000 $13,123,000 $219,000 $15,075,000
FY 2021 1,712 $25,766,000 $23,251,000 $13,026,000 $988,000 $17,355,000
FY 2020 1,781 $23,642,000 $23,121,000 $12,414,000 $2,085,000 $20,008,000