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MI Regular Public School District 1 Schools

Lake Linden-Hubbell School District

LAKE LINDEN, MI 49945 • Houghton County • 1 Operating Schools
(906) 296-6211
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 355 students
Census F-33 • FY 2024
Total Revenue
$6,877,000
Total Expenditure
$5,762,000
Classroom Instruction
$3,224,000
Outstanding Debt
$2,801,000

Revenue Sources

State Government Funds: $3,608,000 (52.5%) Local Taxes & Fees: $2,604,000 (37.9%) Federal Aid: $665,000 (9.7%)
State Government Funds $3,608,000 52.5%
Local Taxes & Fees $2,604,000 37.9%
Federal Aid $665,000 9.7%
Total Revenue $6,877,000 100.0%

Expenditure Allocation

Classroom Instruction: $3,224,000 (56%) Support Services: $2,048,000 (35.5%) Capital Outlays: $31,000 (0.5%) Other / Operations: $459,000 (8%)
Classroom Instruction $3,224,000 56%
Support Services $2,048,000 35.5%
Capital Outlays $31,000 0.5%
Other / Operations $459,000 8%
Total Expenditure $5,762,000 100.0%

Financial Comparison & Trends Chart

$0$5,750$11,500$17,250$23,000FY 2020 Revenue/Student: $13,071$13,071FY 2020 Expenditure/Student: $12,242$12,242FY 2020393 stdsFY 2021 Revenue/Student: $15,232$15,232FY 2021 Expenditure/Student: $12,621$12,621FY 2021367 stdsFY 2022 Revenue/Student: $16,132$16,132FY 2022 Expenditure/Student: $13,992$13,992FY 2022371 stdsFY 2023 Revenue/Student: $18,152$18,152FY 2023 Expenditure/Student: $16,670$16,670FY 2023376 stdsFY 2024 Revenue/Student: $19,372$19,372FY 2024 Expenditure/Student: $16,231$16,231FY 2024355 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $19,372

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 355 $6,877,000 $5,762,000 $3,224,000 $31,000 $2,801,000
FY 2023 376 $6,825,000 $6,268,000 $3,369,000 $323,000 $4,105,000
FY 2022 371 $5,985,000 $5,191,000 $3,064,000 $101,000 $4,554,000
FY 2021 367 $5,590,000 $4,632,000 $2,757,000 $50,000 $5,138,000
FY 2020 393 $5,137,000 $4,811,000 $2,830,000 $186,000 $5,645,000