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MI Regular Public School District 2 Schools

Ironwood Area Schools of Gogebic County

IRONWOOD, MI 49938 • Gogebic County • 2 Operating Schools
(906) 932-0200
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 766 students
Census F-33 • FY 2024
Total Revenue
$12,154,000
Total Expenditure
$11,277,000
Classroom Instruction
$6,440,000
Outstanding Debt
$0

Revenue Sources

State Government Funds: $7,944,000 (65.4%) Local Taxes & Fees: $3,014,000 (24.8%) Federal Aid: $1,196,000 (9.8%)
State Government Funds $7,944,000 65.4%
Local Taxes & Fees $3,014,000 24.8%
Federal Aid $1,196,000 9.8%
Total Revenue $12,154,000 100.0%

Expenditure Allocation

Classroom Instruction: $6,440,000 (57.1%) Support Services: $3,609,000 (32%) Capital Outlays: $167,000 (1.5%) Other / Operations: $1,061,000 (9.4%)
Classroom Instruction $6,440,000 57.1%
Support Services $3,609,000 32%
Capital Outlays $167,000 1.5%
Other / Operations $1,061,000 9.4%
Total Expenditure $11,277,000 100.0%

Financial Comparison & Trends Chart

$0$5,500$11,000$16,500$22,000FY 2020 Revenue/Student: $12,819$12,819FY 2020 Expenditure/Student: $12,309$12,309FY 2020750 stdsFY 2021 Revenue/Student: $14,209$14,209FY 2021 Expenditure/Student: $12,931$12,931FY 2021727 stdsFY 2022 Revenue/Student: $18,740$18,740FY 2022 Expenditure/Student: $13,850$13,850FY 2022722 stdsFY 2023 Revenue/Student: $15,746$15,746FY 2023 Expenditure/Student: $15,163$15,163FY 2023728 stdsFY 2024 Revenue/Student: $15,867$15,867FY 2024 Expenditure/Student: $14,722$14,722FY 2024766 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $18,740

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 766 $12,154,000 $11,277,000 $6,440,000 $167,000 $0
FY 2023 728 $11,463,000 $11,039,000 $6,299,000 $58,000 $0
FY 2022 722 $13,530,000 $10,000,000 $5,687,000 $182,000 $0
FY 2021 727 $10,330,000 $9,401,000 $4,909,000 $346,000 $0
FY 2020 750 $9,614,000 $9,232,000 $5,250,000 $453,000 $4,609,000