MI
Specialized Public School District
6 Schools
Kalamazoo RESA
PORTAGE, MI 49002
•
Kalamazoo County
•
6 Operating Schools
(269) 250-9202
Official Website
Fiscal Year 2024 Financial Balance Sheet
Total Revenue
$218,352,000
Total Expenditure
$173,789,000
Classroom Instruction
$31,456,000
Outstanding Debt
$2,498,000
Revenue Sources
| State Government Funds | $47,330,000 | 21.7% | |
| Local Taxes & Fees | $149,018,000 | 68.2% | |
| Federal Aid | $22,004,000 | 10.1% | |
| Total Revenue | $218,352,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $31,456,000 | 18.1% | |
| Support Services | $51,289,000 | 29.5% | |
| Capital Outlays | $37,312,000 | 21.5% | |
| Other / Operations | $53,732,000 | 30.9% | |
| Total Expenditure | $173,789,000 | 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 | $218,352,000 | $173,789,000 | $31,456,000 | $37,312,000 | $2,498,000 |
| FY 2023 | N/A | $175,798,000 | $136,172,000 | $30,586,000 | $11,139,000 | $2,155,000 |
| FY 2022 | N/A | $155,051,000 | $119,425,000 | $25,804,000 | $2,248,000 | $0 |
| FY 2021 | N/A | $124,257,000 | $110,594,000 | $23,583,000 | $1,732,000 | $0 |
| FY 2020 | 0 | $113,139,000 | $106,062,000 | $22,842,000 | $866,000 | $2,591,000 |