MI
Regular Public School District
2 Schools
Morenci Area Schools
MORENCI, MI 49256
•
Lenawee County
•
2 Operating Schools
(517) 458-7501
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 520 students
Total Revenue
$9,807,000
Total Expenditure
$8,903,000
Classroom Instruction
$4,990,000
Outstanding Debt
$7,282,000
Revenue Sources
| State Government Funds | $5,843,000 | 59.6% | |
| Local Taxes & Fees | $2,890,000 | 29.5% | |
| Federal Aid | $1,074,000 | 11% | |
| Total Revenue | $9,807,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $4,990,000 | 56% | |
| Support Services | $2,877,000 | 32.3% | |
| Capital Outlays | $194,000 | 2.2% | |
| Other / Operations | $842,000 | 9.5% | |
| Total Expenditure | $8,903,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $19,750
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 520 | $9,807,000 | $8,903,000 | $4,990,000 | $194,000 | $7,282,000 |
| FY 2023 | 535 | $10,566,000 | $9,874,000 | $5,048,000 | $609,000 | $9,292,000 |
| FY 2022 | 590 | $9,114,000 | $9,974,000 | $4,669,000 | $1,695,000 | $1,297,000 |
| FY 2021 | 603 | $8,697,000 | $7,836,000 | $4,400,000 | $311,000 | $8,759,000 |
| FY 2020 | 627 | $8,313,000 | $7,339,000 | $4,245,000 | $37,000 | $11,713,000 |