MI
Regular Public School District
3 Schools
Ithaca Public Schools
ITHACA, MI 48847
•
Gratiot County
•
3 Operating Schools
(989) 875-3700
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 993 students
Total Revenue
$17,148,000
Total Expenditure
$17,885,000
Classroom Instruction
$8,539,000
Outstanding Debt
$21,000
Revenue Sources
| State Government Funds | $11,756,000 | 68.6% | |
| Local Taxes & Fees | $4,306,000 | 25.1% | |
| Federal Aid | $1,086,000 | 6.3% | |
| Total Revenue | $17,148,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $8,539,000 | 47.7% | |
| Support Services | $5,200,000 | 29.1% | |
| Capital Outlays | $2,667,000 | 14.9% | |
| Other / Operations | $1,479,000 | 8.3% | |
| Total Expenditure | $17,885,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $18,011
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 993 | $17,148,000 | $17,885,000 | $8,539,000 | $2,667,000 | $21,000 |
| FY 2023 | 1,020 | $16,687,000 | $16,340,000 | $8,499,000 | $1,346,000 | $0 |
| FY 2022 | 1,022 | $15,491,000 | $14,757,000 | $7,626,000 | $1,621,000 | $250,000 |
| FY 2021 | 1,043 | $14,627,000 | $12,421,000 | $6,691,000 | $600,000 | $500,000 |
| FY 2020 | 1,076 | $12,972,000 | $12,057,000 | $7,076,000 | $272,000 | $840,000 |