MI
Regular Public School District
3 Schools
LakeVille Community School District
OTISVILLE, MI 48463
•
Genesee County
•
3 Operating Schools
(810) 591-3980
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 1,041 students
Total Revenue
$17,479,000
Total Expenditure
$15,831,000
Classroom Instruction
$8,304,000
Outstanding Debt
$6,426,000
Revenue Sources
| State Government Funds | $12,185,000 | 69.7% | |
| Local Taxes & Fees | $3,529,000 | 20.2% | |
| Federal Aid | $1,765,000 | 10.1% | |
| Total Revenue | $17,479,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $8,304,000 | 52.5% | |
| Support Services | $5,461,000 | 34.5% | |
| Capital Outlays | $39,000 | 0.2% | |
| Other / Operations | $2,027,000 | 12.8% | |
| Total Expenditure | $15,831,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $16,791
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 1,041 | $17,479,000 | $15,831,000 | $8,304,000 | $39,000 | $6,426,000 |
| FY 2023 | 1,071 | $17,881,000 | $16,188,000 | $8,782,000 | $584,000 | $7,255,000 |
| FY 2022 | 1,099 | $15,970,000 | $16,766,000 | $8,138,000 | $2,294,000 | $8,154,000 |
| FY 2021 | 1,123 | $15,017,000 | $15,631,000 | $7,963,000 | $2,070,000 | $9,054,000 |
| FY 2020 | 1,147 | $13,928,000 | $13,527,000 | $6,918,000 | $1,003,000 | $10,357,000 |