MI
Regular Public School District
13 Schools
Midland Public Schools
MIDLAND, MI 48640
•
Midland County
•
13 Operating Schools
(989) 923-5001
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 7,359 students
Total Revenue
$127,384,000
Total Expenditure
$119,086,000
Classroom Instruction
$66,075,000
Outstanding Debt
$67,735,000
Revenue Sources
| State Government Funds | $77,416,000 | 60.8% | |
| Local Taxes & Fees | $40,457,000 | 31.8% | |
| Federal Aid | $9,511,000 | 7.5% | |
| Total Revenue | $127,384,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $66,075,000 | 55.5% | |
| Support Services | $36,605,000 | 30.7% | |
| Capital Outlays | $6,027,000 | 5.1% | |
| Other / Operations | $10,379,000 | 8.7% | |
| Total Expenditure | $119,086,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $17,310
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 7,359 | $127,384,000 | $119,086,000 | $66,075,000 | $6,027,000 | $67,735,000 |
| FY 2023 | 7,436 | $121,205,000 | $119,447,000 | $64,176,000 | $9,797,000 | $84,844,000 |
| FY 2022 | 7,479 | $105,805,000 | $113,663,000 | $57,437,000 | $16,956,000 | $72,135,000 |
| FY 2021 | 7,380 | $107,259,000 | $107,639,000 | $56,609,000 | $14,272,000 | $83,959,000 |
| FY 2020 | 7,687 | $95,304,000 | $102,012,000 | $51,877,000 | $15,923,000 | $73,614,000 |