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MI Regular Public School District 16 Schools

Kentwood Public Schools

GRAND RAPIDS, MI 49508 • Kent County • 16 Operating Schools
(616) 455-4400
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 9,422 students
Census F-33 • FY 2024
Total Revenue
$198,110,000
Total Expenditure
$223,165,000
Classroom Instruction
$89,935,000
Outstanding Debt
$148,787,000

Revenue Sources

State Government Funds: $109,136,000 (55.1%) Local Taxes & Fees: $64,999,000 (32.8%) Federal Aid: $23,975,000 (12.1%)
State Government Funds $109,136,000 55.1%
Local Taxes & Fees $64,999,000 32.8%
Federal Aid $23,975,000 12.1%
Total Revenue $198,110,000 100.0%

Expenditure Allocation

Classroom Instruction: $89,935,000 (40.3%) Support Services: $55,092,000 (24.7%) Capital Outlays: $43,884,000 (19.7%) Other / Operations: $34,254,000 (15.3%)
Classroom Instruction $89,935,000 40.3%
Support Services $55,092,000 24.7%
Capital Outlays $43,884,000 19.7%
Other / Operations $34,254,000 15.3%
Total Expenditure $223,165,000 100.0%

Financial Comparison & Trends Chart

$0$7,000$14,000$21,000$28,000FY 2020 Revenue/Student: $14,176$14,176FY 2020 Expenditure/Student: $14,007$14,007FY 20209,352 stdsFY 2021 Revenue/Student: $15,590$15,590FY 2021 Expenditure/Student: $14,678$14,678FY 20219,228 stdsFY 2022 Revenue/Student: $16,829$16,829FY 2022 Expenditure/Student: $16,672$16,672FY 20229,325 stdsFY 2023 Revenue/Student: $19,011$19,011FY 2023 Expenditure/Student: $20,007$20,007FY 20239,357 stdsFY 2024 Revenue/Student: $21,026$21,026FY 2024 Expenditure/Student: $23,686$23,686FY 20249,422 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $23,686

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 9,422 $198,110,000 $223,165,000 $89,935,000 $43,884,000 $148,787,000
FY 2023 9,357 $177,889,000 $187,203,000 $85,728,000 $35,365,000 $154,394,000
FY 2022 9,325 $156,934,000 $155,466,000 $76,665,000 $21,249,000 $75,968,000
FY 2021 9,228 $143,860,000 $135,449,000 $70,830,000 $14,534,000 $64,589,000
FY 2020 9,352 $132,575,000 $130,992,000 $68,743,000 $12,336,000 $74,068,000