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MI Regular Public School District 3 Schools

Menominee Area Public Schools

MENOMINEE, MI 49858 • Menominee County • 3 Operating Schools
(906) 863-4466

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,154 students
Census F-33 • FY 2024
Total Revenue
$20,986,000
Total Expenditure
$18,354,000
Classroom Instruction
$10,223,000
Outstanding Debt
$14,842,000

Revenue Sources

State Government Funds: $12,333,000 (58.8%) Local Taxes & Fees: $5,512,000 (26.3%) Federal Aid: $3,141,000 (15%)
State Government Funds $12,333,000 58.8%
Local Taxes & Fees $5,512,000 26.3%
Federal Aid $3,141,000 15%
Total Revenue $20,986,000 100.0%

Expenditure Allocation

Classroom Instruction: $10,223,000 (55.7%) Support Services: $5,374,000 (29.3%) Capital Outlays: $1,379,000 (7.5%) Other / Operations: $1,378,000 (7.5%)
Classroom Instruction $10,223,000 55.7%
Support Services $5,374,000 29.3%
Capital Outlays $1,379,000 7.5%
Other / Operations $1,378,000 7.5%
Total Expenditure $18,354,000 100.0%

Financial Comparison & Trends Chart

$0$7,250$14,500$21,750$29,000FY 2020 Revenue/Student: $12,222$12,222FY 2020 Expenditure/Student: $11,504$11,504FY 20201,261 stdsFY 2021 Revenue/Student: $13,553$13,553FY 2021 Expenditure/Student: $12,633$12,633FY 20211,241 stdsFY 2022 Revenue/Student: $14,473$14,473FY 2022 Expenditure/Student: $15,224$15,224FY 20221,181 stdsFY 2023 Revenue/Student: $16,048$16,048FY 2023 Expenditure/Student: $24,998$24,998FY 20231,147 stdsFY 2024 Revenue/Student: $18,185$18,185FY 2024 Expenditure/Student: $15,905$15,905FY 20241,154 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $24,998

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,154 $20,986,000 $18,354,000 $10,223,000 $1,379,000 $14,842,000
FY 2023 1,147 $18,407,000 $28,673,000 $10,511,000 $11,664,000 $11,993,000
FY 2022 1,181 $17,093,000 $17,979,000 $9,586,000 $2,634,000 $13,590,000
FY 2021 1,241 $16,819,000 $15,677,000 $8,947,000 $1,510,000 $1,615,000
FY 2020 1,261 $15,412,000 $14,507,000 $8,556,000 $924,000 $1,335,000