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MI Regular Public School District 7 Schools

Marquette Area Public Schools

MARQUETTE, MI 49855 • Marquette County • 7 Operating Schools
(906) 225-5326
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 3,227 students
Census F-33 • FY 2024
Total Revenue
$52,685,000
Total Expenditure
$48,573,000
Classroom Instruction
$26,196,000
Outstanding Debt
$3,199,000

Revenue Sources

State Government Funds: $33,211,000 (63%) Local Taxes & Fees: $17,553,000 (33.3%) Federal Aid: $1,921,000 (3.6%)
State Government Funds $33,211,000 63%
Local Taxes & Fees $17,553,000 33.3%
Federal Aid $1,921,000 3.6%
Total Revenue $52,685,000 100.0%

Expenditure Allocation

Classroom Instruction: $26,196,000 (53.9%) Support Services: $16,670,000 (34.3%) Capital Outlays: $3,081,000 (6.3%) Other / Operations: $2,626,000 (5.4%)
Classroom Instruction $26,196,000 53.9%
Support Services $16,670,000 34.3%
Capital Outlays $3,081,000 6.3%
Other / Operations $2,626,000 5.4%
Total Expenditure $48,573,000 100.0%

Financial Comparison & Trends Chart

$0$4,750$9,500$14,250$19,000FY 2020 Revenue/Student: $11,768$11,768FY 2020 Expenditure/Student: $10,905$10,905FY 20203,262 stdsFY 2021 Revenue/Student: $12,990$12,990FY 2021 Expenditure/Student: $11,831$11,831FY 20213,172 stdsFY 2022 Revenue/Student: $13,897$13,897FY 2022 Expenditure/Student: $13,097$13,097FY 20223,242 stdsFY 2023 Revenue/Student: $15,897$15,897FY 2023 Expenditure/Student: $14,086$14,086FY 20233,230 stdsFY 2024 Revenue/Student: $16,326$16,326FY 2024 Expenditure/Student: $15,052$15,052FY 20243,227 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $16,326

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 3,227 $52,685,000 $48,573,000 $26,196,000 $3,081,000 $3,199,000
FY 2023 3,230 $51,348,000 $45,499,000 $26,155,000 $1,476,000 $4,339,000
FY 2022 3,242 $45,053,000 $42,462,000 $23,505,000 $3,065,000 $4,795,000
FY 2021 3,172 $41,205,000 $37,528,000 $22,427,000 $1,128,000 $5,310,000
FY 2020 3,262 $38,387,000 $35,572,000 $21,440,000 $1,021,000 $5,810,000