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MI Regular Public School District 3 Schools

Gwinn Area Community Schools

GWINN, MI 49841 • Marquette County • 3 Operating Schools
(906) 346-9283
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 988 students
Census F-33 • FY 2024
Total Revenue
$19,972,000
Total Expenditure
$17,928,000
Classroom Instruction
$9,003,000
Outstanding Debt
$2,985,000

Revenue Sources

State Government Funds: $10,461,000 (52.4%) Local Taxes & Fees: $5,352,000 (26.8%) Federal Aid: $4,159,000 (20.8%)
State Government Funds $10,461,000 52.4%
Local Taxes & Fees $5,352,000 26.8%
Federal Aid $4,159,000 20.8%
Total Revenue $19,972,000 100.0%

Expenditure Allocation

Classroom Instruction: $9,003,000 (50.2%) Support Services: $5,637,000 (31.4%) Capital Outlays: $1,990,000 (11.1%) Other / Operations: $1,298,000 (7.2%)
Classroom Instruction $9,003,000 50.2%
Support Services $5,637,000 31.4%
Capital Outlays $1,990,000 11.1%
Other / Operations $1,298,000 7.2%
Total Expenditure $17,928,000 100.0%

Financial Comparison & Trends Chart

$0$6,000$12,000$18,000$24,000FY 2020 Revenue/Student: $12,711$12,711FY 2020 Expenditure/Student: $11,540$11,540FY 20201,032 stdsFY 2021 Revenue/Student: $15,091$15,091FY 2021 Expenditure/Student: $13,091$13,091FY 20211,004 stdsFY 2022 Revenue/Student: $15,790$15,790FY 2022 Expenditure/Student: $14,433$14,433FY 20221,015 stdsFY 2023 Revenue/Student: $17,085$17,085FY 2023 Expenditure/Student: $16,201$16,201FY 2023997 stdsFY 2024 Revenue/Student: $20,215$20,215FY 2024 Expenditure/Student: $18,146$18,146FY 2024988 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $20,215

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 988 $19,972,000 $17,928,000 $9,003,000 $1,990,000 $2,985,000
FY 2023 997 $17,034,000 $16,152,000 $8,973,000 $1,032,000 $4,779,000
FY 2022 1,015 $16,027,000 $14,649,000 $8,022,000 $836,000 $172,000
FY 2021 1,004 $15,151,000 $13,143,000 $7,806,000 $373,000 $0
FY 2020 1,032 $13,118,000 $11,909,000 $7,327,000 $228,000 $3,491,000