MI
Regular Public School District
3 Schools
Ludington Area School District
LUDINGTON, MI 49431
•
Mason County
•
3 Operating Schools
(231) 845-7303
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 2,063 students
Total Revenue
$39,640,000
Total Expenditure
$66,123,000
Classroom Instruction
$18,865,000
Outstanding Debt
$85,350,000
Revenue Sources
| State Government Funds | $7,982,000 | 20.1% | |
| Local Taxes & Fees | $29,866,000 | 75.3% | |
| Federal Aid | $1,792,000 | 4.5% | |
| Total Revenue | $39,640,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $18,865,000 | 28.5% | |
| Support Services | $9,953,000 | 15.1% | |
| Capital Outlays | $32,197,000 | 48.7% | |
| Other / Operations | $5,108,000 | 7.7% | |
| Total Expenditure | $66,123,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $32,052
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 2,063 | $39,640,000 | $66,123,000 | $18,865,000 | $32,197,000 | $85,350,000 |
| FY 2023 | 2,072 | $42,627,000 | $56,091,000 | $19,736,000 | $21,693,000 | $94,095,000 |
| FY 2022 | 2,065 | $31,265,000 | $42,021,000 | $17,446,000 | $13,916,000 | $96,129,000 |
| FY 2021 | 2,111 | $32,099,000 | $50,294,000 | $16,200,000 | $24,086,000 | $36,973,000 |
| FY 2020 | 2,157 | $28,719,000 | $28,696,000 | $15,325,000 | $3,963,000 | $44,282,000 |