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MI Regular Public School District 7 Schools

Lakeview Sch. District (Calhoun)

BATTLE CREEK, MI 49015 • Calhoun County • 7 Operating Schools
(269) 565-2400
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 3,802 students
Census F-33 • FY 2024
Total Revenue
$67,232,000
Total Expenditure
$77,219,000
Classroom Instruction
$31,045,000
Outstanding Debt
$94,408,000

Revenue Sources

State Government Funds: $44,433,000 (66.1%) Local Taxes & Fees: $16,423,000 (24.4%) Federal Aid: $6,376,000 (9.5%)
State Government Funds $44,433,000 66.1%
Local Taxes & Fees $16,423,000 24.4%
Federal Aid $6,376,000 9.5%
Total Revenue $67,232,000 100.0%

Expenditure Allocation

Classroom Instruction: $31,045,000 (40.2%) Support Services: $18,347,000 (23.8%) Capital Outlays: $20,301,000 (26.3%) Other / Operations: $7,526,000 (9.7%)
Classroom Instruction $31,045,000 40.2%
Support Services $18,347,000 23.8%
Capital Outlays $20,301,000 26.3%
Other / Operations $7,526,000 9.7%
Total Expenditure $77,219,000 100.0%

Financial Comparison & Trends Chart

$0$6,000$12,000$18,000$24,000FY 2020 Revenue/Student: $12,057$12,057FY 2020 Expenditure/Student: $13,021$13,021FY 20204,096 stdsFY 2021 Revenue/Student: $13,311$13,311FY 2021 Expenditure/Student: $12,867$12,867FY 20213,997 stdsFY 2022 Revenue/Student: $14,347$14,347FY 2022 Expenditure/Student: $14,089$14,089FY 20223,971 stdsFY 2023 Revenue/Student: $16,199$16,199FY 2023 Expenditure/Student: $16,643$16,643FY 20233,988 stdsFY 2024 Revenue/Student: $17,683$17,683FY 2024 Expenditure/Student: $20,310$20,310FY 20243,802 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $20,310

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 3,802 $67,232,000 $77,219,000 $31,045,000 $20,301,000 $94,408,000
FY 2023 3,988 $64,600,000 $66,371,000 $33,086,000 $9,295,000 $84,925,000
FY 2022 3,971 $56,973,000 $55,947,000 $29,995,000 $3,427,000 $10,796,000
FY 2021 3,997 $53,206,000 $51,429,000 $27,714,000 $2,623,000 $60,449,000
FY 2020 4,096 $49,385,000 $53,335,000 $25,506,000 $8,838,000 $65,017,000