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MI Specialized Public School District 2 Schools

Ionia ISD

IONIA, MI 48846 • Ionia County • 2 Operating Schools
(616) 527-4900

Fiscal Year 2024 Financial Balance Sheet

Census F-33 • FY 2024
Total Revenue
$36,448,000
Total Expenditure
$33,607,000
Classroom Instruction
$9,742,000
Outstanding Debt
$1,122,000

Revenue Sources

State Government Funds: $14,606,000 (40.1%) Local Taxes & Fees: $17,875,000 (49%) Federal Aid: $3,967,000 (10.9%)
State Government Funds $14,606,000 40.1%
Local Taxes & Fees $17,875,000 49%
Federal Aid $3,967,000 10.9%
Total Revenue $36,448,000 100.0%

Expenditure Allocation

Classroom Instruction: $9,742,000 (29%) Support Services: $17,694,000 (52.6%) Capital Outlays: $4,621,000 (13.8%) Other / Operations: $1,550,000 (4.6%)
Classroom Instruction $9,742,000 29%
Support Services $17,694,000 52.6%
Capital Outlays $4,621,000 13.8%
Other / Operations $1,550,000 4.6%
Total Expenditure $33,607,000 100.0%

Financial Comparison & Trends Chart

$0$0$1$1$1N/AFY 2020Enrollment N/AN/AFY 2021Enrollment N/AN/AFY 2022Enrollment N/AN/AFY 2023Enrollment N/AN/AFY 2024Enrollment N/A
Revenue per Student Expenditure per Student
Peak Per-Pupil: $1

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 N/A $36,448,000 $33,607,000 $9,742,000 $4,621,000 $1,122,000
FY 2023 N/A $34,410,000 $28,653,000 $10,149,000 $989,000 $1,343,000
FY 2022 N/A $30,561,000 $27,126,000 $8,822,000 $2,136,000 $1,513,000
FY 2021 N/A $29,191,000 $26,719,000 $8,502,000 $3,378,000 $1,735,000
FY 2020 0 $28,392,000 $27,736,000 $8,682,000 $4,497,000 $1,912,000