MI
Specialized Public School District
2 Schools
Iosco RESA
TAWAS CITY, MI 48763
•
Iosco County
•
2 Operating Schools
(989) 362-3006
Fiscal Year 2024 Financial Balance Sheet
Total Revenue
$15,941,000
Total Expenditure
$13,202,000
Classroom Instruction
$3,206,000
Outstanding Debt
$627,000
Revenue Sources
| State Government Funds | $6,583,000 | 41.3% | |
| Local Taxes & Fees | $7,119,000 | 44.7% | |
| Federal Aid | $2,239,000 | 14% | |
| Total Revenue | $15,941,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $3,206,000 | 24.3% | |
| Support Services | $5,752,000 | 43.6% | |
| Capital Outlays | $80,000 | 0.6% | |
| Other / Operations | $4,164,000 | 31.5% | |
| Total Expenditure | $13,202,000 | 100.0% |
Financial Comparison & Trends Chart
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 | $15,941,000 | $13,202,000 | $3,206,000 | $80,000 | $627,000 |
| FY 2023 | N/A | $14,717,000 | $12,608,000 | $3,113,000 | $603,000 | $765,000 |
| FY 2022 | N/A | $12,093,000 | $11,061,000 | $2,930,000 | $293,000 | $765,000 |
| FY 2021 | N/A | $11,039,000 | $10,548,000 | $2,747,000 | $748,000 | $0 |
| FY 2020 | 0 | $10,918,000 | $9,925,000 | $2,621,000 | $219,000 | $765,000 |