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MI Regular Public School District 6 Schools

Hastings Area School District

HASTINGS, MI 49058 • Barry County • 6 Operating Schools
(269) 945-6137
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 2,519 students
Census F-33 • FY 2024
Total Revenue
$44,704,000
Total Expenditure
$44,611,000
Classroom Instruction
$22,736,000
Outstanding Debt
$52,901,000

Revenue Sources

State Government Funds: $28,710,000 (64.2%) Local Taxes & Fees: $13,737,000 (30.7%) Federal Aid: $2,257,000 (5%)
State Government Funds $28,710,000 64.2%
Local Taxes & Fees $13,737,000 30.7%
Federal Aid $2,257,000 5%
Total Revenue $44,704,000 100.0%

Expenditure Allocation

Classroom Instruction: $22,736,000 (51%) Support Services: $11,811,000 (26.5%) Capital Outlays: $4,238,000 (9.5%) Other / Operations: $5,826,000 (13.1%)
Classroom Instruction $22,736,000 51%
Support Services $11,811,000 26.5%
Capital Outlays $4,238,000 9.5%
Other / Operations $5,826,000 13.1%
Total Expenditure $44,611,000 100.0%

Financial Comparison & Trends Chart

$0$5,250$10,500$15,750$21,000FY 2020 Revenue/Student: $12,862$12,862FY 2020 Expenditure/Student: $13,138$13,138FY 20202,571 stdsFY 2021 Revenue/Student: $13,851$13,851FY 2021 Expenditure/Student: $12,511$12,511FY 20212,537 stdsFY 2022 Revenue/Student: $14,899$14,899FY 2022 Expenditure/Student: $13,726$13,726FY 20222,525 stdsFY 2023 Revenue/Student: $16,445$16,445FY 2023 Expenditure/Student: $15,201$15,201FY 20232,550 stdsFY 2024 Revenue/Student: $17,747$17,747FY 2024 Expenditure/Student: $17,710$17,710FY 20242,519 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $17,747

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 2,519 $44,704,000 $44,611,000 $22,736,000 $4,238,000 $52,901,000
FY 2023 2,550 $41,934,000 $38,763,000 $21,302,000 $1,671,000 $38,226,000
FY 2022 2,525 $37,621,000 $34,658,000 $18,804,000 $1,520,000 $40,884,000
FY 2021 2,537 $35,141,000 $31,741,000 $16,647,000 $3,108,000 $43,795,000
FY 2020 2,571 $33,069,000 $33,778,000 $16,551,000 $5,273,000 $46,839,000