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MI Regular Public School District 3 Schools

Michigan Center School District

MICHIGAN CENTER, MI 49254 • Jackson County • 3 Operating Schools
(517) 764-5778
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,359 students
Census F-33 • FY 2024
Total Revenue
$21,275,000
Total Expenditure
$21,443,000
Classroom Instruction
$11,408,000
Outstanding Debt
$10,850,000

Revenue Sources

State Government Funds: $16,217,000 (76.2%) Local Taxes & Fees: $3,869,000 (18.2%) Federal Aid: $1,189,000 (5.6%)
State Government Funds $16,217,000 76.2%
Local Taxes & Fees $3,869,000 18.2%
Federal Aid $1,189,000 5.6%
Total Revenue $21,275,000 100.0%

Expenditure Allocation

Classroom Instruction: $11,408,000 (53.2%) Support Services: $7,065,000 (32.9%) Capital Outlays: $1,558,000 (7.3%) Other / Operations: $1,412,000 (6.6%)
Classroom Instruction $11,408,000 53.2%
Support Services $7,065,000 32.9%
Capital Outlays $1,558,000 7.3%
Other / Operations $1,412,000 6.6%
Total Expenditure $21,443,000 100.0%

Financial Comparison & Trends Chart

$0$4,750$9,500$14,250$19,000FY 2020 Revenue/Student: $12,208$12,208FY 2020 Expenditure/Student: $11,548$11,548FY 20201,368 stdsFY 2021 Revenue/Student: $13,669$13,669FY 2021 Expenditure/Student: $12,131$12,131FY 20211,357 stdsFY 2022 Revenue/Student: $13,836$13,836FY 2022 Expenditure/Student: $13,357$13,357FY 20221,355 stdsFY 2023 Revenue/Student: $16,328$16,328FY 2023 Expenditure/Student: $15,669$15,669FY 20231,316 stdsFY 2024 Revenue/Student: $15,655$15,655FY 2024 Expenditure/Student: $15,779$15,779FY 20241,359 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $16,328

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,359 $21,275,000 $21,443,000 $11,408,000 $1,558,000 $10,850,000
FY 2023 1,316 $21,487,000 $20,621,000 $11,446,000 $777,000 $8,490,000
FY 2022 1,355 $18,748,000 $18,099,000 $11,118,000 $545,000 $0
FY 2021 1,357 $18,549,000 $16,462,000 $10,374,000 $339,000 $0
FY 2020 1,368 $16,700,000 $15,798,000 $10,156,000 $102,000 $4,927,000