MI
Regular Public School District
3 Schools
Homer Community School District
HOMER, MI 49245
•
Calhoun County
•
3 Operating Schools
(517) 568-4463
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 889 students
Total Revenue
$15,689,000
Total Expenditure
$14,636,000
Classroom Instruction
$7,996,000
Outstanding Debt
$24,079,000
Revenue Sources
| State Government Funds | $11,292,000 | 72% | |
| Local Taxes & Fees | $3,022,000 | 19.3% | |
| Federal Aid | $1,375,000 | 8.8% | |
| Total Revenue | $15,689,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $7,996,000 | 54.6% | |
| Support Services | $4,447,000 | 30.4% | |
| Capital Outlays | $725,000 | 5% | |
| Other / Operations | $1,468,000 | 10% | |
| Total Expenditure | $14,636,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $17,648
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 889 | $15,689,000 | $14,636,000 | $7,996,000 | $725,000 | $24,079,000 |
| FY 2023 | 910 | $15,569,000 | $14,760,000 | $8,157,000 | $657,000 | $15,789,000 |
| FY 2022 | 946 | $15,190,000 | $13,796,000 | $7,629,000 | $691,000 | $13,639,000 |
| FY 2021 | 1,012 | $13,438,000 | $11,973,000 | $6,944,000 | $72,000 | $15,208,000 |
| FY 2020 | 988 | $12,886,000 | $11,958,000 | $6,721,000 | $200,000 | $15,130,000 |