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MI Regular Public School District 8 Schools

Ionia Public Schools

IONIA, MI 48846 • Ionia County • 8 Operating Schools
(616) 527-9280
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 2,733 students
Census F-33 • FY 2024
Total Revenue
$48,902,000
Total Expenditure
$42,671,000
Classroom Instruction
$20,376,000
Outstanding Debt
$18,534,000

Revenue Sources

State Government Funds: $33,303,000 (68.1%) Local Taxes & Fees: $10,312,000 (21.1%) Federal Aid: $5,287,000 (10.8%)
State Government Funds $33,303,000 68.1%
Local Taxes & Fees $10,312,000 21.1%
Federal Aid $5,287,000 10.8%
Total Revenue $48,902,000 100.0%

Expenditure Allocation

Classroom Instruction: $20,376,000 (47.8%) Support Services: $11,979,000 (28.1%) Capital Outlays: $5,145,000 (12.1%) Other / Operations: $5,171,000 (12.1%)
Classroom Instruction $20,376,000 47.8%
Support Services $11,979,000 28.1%
Capital Outlays $5,145,000 12.1%
Other / Operations $5,171,000 12.1%
Total Expenditure $42,671,000 100.0%

Financial Comparison & Trends Chart

$0$5,250$10,500$15,750$21,000FY 2020 Revenue/Student: $12,164$12,164FY 2020 Expenditure/Student: $11,312$11,312FY 20203,011 stdsFY 2021 Revenue/Student: $13,581$13,581FY 2021 Expenditure/Student: $12,062$12,062FY 20212,891 stdsFY 2022 Revenue/Student: $14,667$14,667FY 2022 Expenditure/Student: $12,513$12,513FY 20222,862 stdsFY 2023 Revenue/Student: $16,317$16,317FY 2023 Expenditure/Student: $15,008$15,008FY 20232,833 stdsFY 2024 Revenue/Student: $17,893$17,893FY 2024 Expenditure/Student: $15,613$15,613FY 20242,733 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $17,893

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 2,733 $48,902,000 $42,671,000 $20,376,000 $5,145,000 $18,534,000
FY 2023 2,833 $46,226,000 $42,519,000 $20,766,000 $5,931,000 $22,590,000
FY 2022 2,862 $41,977,000 $35,813,000 $19,565,000 $2,023,000 $27,078,000
FY 2021 2,891 $39,264,000 $34,872,000 $18,755,000 $2,846,000 $26,249,000
FY 2020 3,011 $36,626,000 $34,060,000 $18,463,000 $2,385,000 $35,564,000