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MI Specialized Public School District 9 Schools

Kent ISD

GRAND RAPIDS, MI 49525 • Kent County • 9 Operating Schools
(616) 364-1333

Fiscal Year 2024 Financial Balance Sheet

Census F-33 • FY 2024
Total Revenue
$442,872,000
Total Expenditure
$412,635,000
Classroom Instruction
$60,700,000
Outstanding Debt
$0

Revenue Sources

State Government Funds: $134,239,000 (30.3%) Local Taxes & Fees: $269,080,000 (60.8%) Federal Aid: $39,553,000 (8.9%)
State Government Funds $134,239,000 30.3%
Local Taxes & Fees $269,080,000 60.8%
Federal Aid $39,553,000 8.9%
Total Revenue $442,872,000 100.0%

Expenditure Allocation

Classroom Instruction: $60,700,000 (14.7%) Support Services: $156,266,000 (37.9%) Capital Outlays: $14,778,000 (3.6%) Other / Operations: $180,891,000 (43.8%)
Classroom Instruction $60,700,000 14.7%
Support Services $156,266,000 37.9%
Capital Outlays $14,778,000 3.6%
Other / Operations $180,891,000 43.8%
Total Expenditure $412,635,000 100.0%

Financial Comparison & Trends Chart

$0$0$1$1$1N/AFY 2020Enrollment N/AN/AFY 2021Enrollment N/AN/AFY 2022Enrollment N/AN/AFY 2023Enrollment N/AN/AFY 2024Enrollment N/A
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 $442,872,000 $412,635,000 $60,700,000 $14,778,000 $0
FY 2023 N/A $411,950,000 $401,222,000 $57,650,000 $15,167,000 $0
FY 2022 N/A $366,411,000 $344,293,000 $50,559,000 $6,391,000 $0
FY 2021 N/A $337,418,000 $316,827,000 $44,581,000 $3,552,000 $0
FY 2020 0 $326,902,000 $319,063,000 $42,106,000 $11,135,000 $0