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MI Regular Public School District 3 Schools

Morley Stanwood Community Schools

MORLEY, MI 49336 • Mecosta County • 3 Operating Schools
(231) 856-4392
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 988 students
Census F-33 • FY 2024
Total Revenue
$18,035,000
Total Expenditure
$22,322,000
Classroom Instruction
$9,625,000
Outstanding Debt
$9,008,000

Revenue Sources

State Government Funds: $11,301,000 (62.7%) Local Taxes & Fees: $4,656,000 (25.8%) Federal Aid: $2,078,000 (11.5%)
State Government Funds $11,301,000 62.7%
Local Taxes & Fees $4,656,000 25.8%
Federal Aid $2,078,000 11.5%
Total Revenue $18,035,000 100.0%

Expenditure Allocation

Classroom Instruction: $9,625,000 (43.1%) Support Services: $5,704,000 (25.6%) Capital Outlays: $5,458,000 (24.5%) Other / Operations: $1,535,000 (6.9%)
Classroom Instruction $9,625,000 43.1%
Support Services $5,704,000 25.6%
Capital Outlays $5,458,000 24.5%
Other / Operations $1,535,000 6.9%
Total Expenditure $22,322,000 100.0%

Financial Comparison & Trends Chart

$0$6,500$13,000$19,500$26,000FY 2020 Revenue/Student: $12,634$12,634FY 2020 Expenditure/Student: $11,521$11,521FY 20201,188 stdsFY 2021 Revenue/Student: $14,313$14,313FY 2021 Expenditure/Student: $14,013$14,013FY 20211,114 stdsFY 2022 Revenue/Student: $15,655$15,655FY 2022 Expenditure/Student: $17,304$17,304FY 20221,094 stdsFY 2023 Revenue/Student: $19,639$19,639FY 2023 Expenditure/Student: $18,951$18,951FY 20231,065 stdsFY 2024 Revenue/Student: $18,254$18,254FY 2024 Expenditure/Student: $22,593$22,593FY 2024988 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $22,593

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 988 $18,035,000 $22,322,000 $9,625,000 $5,458,000 $9,008,000
FY 2023 1,065 $20,916,000 $20,183,000 $9,969,000 $3,459,000 $11,920,000
FY 2022 1,094 $17,127,000 $18,931,000 $8,517,000 $4,350,000 $10,358,000
FY 2021 1,114 $15,945,000 $15,611,000 $8,511,000 $1,365,000 $6,158,000
FY 2020 1,188 $15,009,000 $13,687,000 $8,180,000 $575,000 $502,000