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MI Regular Public School District 3 Schools

Manistique Area Schools

MANISTIQUE, MI 49854 • Schoolcraft County • 3 Operating Schools
(906) 252-4330
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 708 students
Census F-33 • FY 2024
Total Revenue
$13,016,000
Total Expenditure
$10,881,000
Classroom Instruction
$5,916,000
Outstanding Debt
$3,010,000

Revenue Sources

State Government Funds: $5,745,000 (44.1%) Local Taxes & Fees: $5,997,000 (46.1%) Federal Aid: $1,274,000 (9.8%)
State Government Funds $5,745,000 44.1%
Local Taxes & Fees $5,997,000 46.1%
Federal Aid $1,274,000 9.8%
Total Revenue $13,016,000 100.0%

Expenditure Allocation

Classroom Instruction: $5,916,000 (54.4%) Support Services: $3,767,000 (34.6%) Capital Outlays: $164,000 (1.5%) Other / Operations: $1,034,000 (9.5%)
Classroom Instruction $5,916,000 54.4%
Support Services $3,767,000 34.6%
Capital Outlays $164,000 1.5%
Other / Operations $1,034,000 9.5%
Total Expenditure $10,881,000 100.0%

Financial Comparison & Trends Chart

$0$5,500$11,000$16,500$22,000FY 2020 Revenue/Student: $13,783$13,783FY 2020 Expenditure/Student: $11,578$11,578FY 2020773 stdsFY 2021 Revenue/Student: $16,195$16,195FY 2021 Expenditure/Student: $13,530$13,530FY 2021706 stdsFY 2022 Revenue/Student: $16,659$16,659FY 2022 Expenditure/Student: $14,578$14,578FY 2022715 stdsFY 2023 Revenue/Student: $17,881$17,881FY 2023 Expenditure/Student: $16,330$16,330FY 2023721 stdsFY 2024 Revenue/Student: $18,384$18,384FY 2024 Expenditure/Student: $15,369$15,369FY 2024708 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $18,384

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 708 $13,016,000 $10,881,000 $5,916,000 $164,000 $3,010,000
FY 2023 721 $12,892,000 $11,774,000 $6,380,000 $794,000 $5,473,000
FY 2022 715 $11,911,000 $10,423,000 $5,600,000 $615,000 $5,394,000
FY 2021 706 $11,434,000 $9,552,000 $5,032,000 $243,000 $6,466,000
FY 2020 773 $10,654,000 $8,950,000 $4,782,000 $368,000 $7,013,000