MI
Regular Public School District
2 Schools
Inland Lakes Schools
INDIAN RIVER, MI 49749
•
Cheboygan County
•
2 Operating Schools
(231) 238-6868
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 641 students
Total Revenue
$11,931,000
Total Expenditure
$10,182,000
Classroom Instruction
$5,801,000
Outstanding Debt
$0
Revenue Sources
| State Government Funds | $3,304,000 | 27.7% | |
| Local Taxes & Fees | $7,094,000 | 59.5% | |
| Federal Aid | $1,533,000 | 12.8% | |
| Total Revenue | $11,931,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $5,801,000 | 57% | |
| Support Services | $3,165,000 | 31.1% | |
| Capital Outlays | $288,000 | 2.8% | |
| Other / Operations | $928,000 | 9.1% | |
| Total Expenditure | $10,182,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $18,613
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 641 | $11,931,000 | $10,182,000 | $5,801,000 | $288,000 | $0 |
| FY 2023 | 621 | $10,889,000 | $9,805,000 | $5,972,000 | $42,000 | $0 |
| FY 2022 | 601 | $9,975,000 | $9,523,000 | $5,496,000 | $410,000 | $1,090,000 |
| FY 2021 | 600 | $9,448,000 | $8,246,000 | $5,023,000 | $138,000 | $2,150,000 |
| FY 2020 | 650 | $8,982,000 | $7,887,000 | $4,860,000 | $2,000 | $4,195,000 |