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MI Regular Public School District 2 Schools

Munising Public Schools

Munising, MI 49862 • Alger County • 2 Operating Schools
(906) 387-2251
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 572 students
Census F-33 • FY 2024
Total Revenue
$10,747,000
Total Expenditure
$10,734,000
Classroom Instruction
$5,642,000
Outstanding Debt
$6,495,000

Revenue Sources

State Government Funds: $5,804,000 (54%) Local Taxes & Fees: $4,039,000 (37.6%) Federal Aid: $904,000 (8.4%)
State Government Funds $5,804,000 54%
Local Taxes & Fees $4,039,000 37.6%
Federal Aid $904,000 8.4%
Total Revenue $10,747,000 100.0%

Expenditure Allocation

Classroom Instruction: $5,642,000 (52.6%) Support Services: $3,591,000 (33.5%) Capital Outlays: $685,000 (6.4%) Other / Operations: $816,000 (7.6%)
Classroom Instruction $5,642,000 52.6%
Support Services $3,591,000 33.5%
Capital Outlays $685,000 6.4%
Other / Operations $816,000 7.6%
Total Expenditure $10,734,000 100.0%

Financial Comparison & Trends Chart

$0$5,500$11,000$16,500$22,000FY 2020 Revenue/Student: $12,618$12,618FY 2020 Expenditure/Student: $11,913$11,913FY 2020646 stdsFY 2021 Revenue/Student: $14,334$14,334FY 2021 Expenditure/Student: $13,802$13,802FY 2021611 stdsFY 2022 Revenue/Student: $15,814$15,814FY 2022 Expenditure/Student: $15,002$15,002FY 2022587 stdsFY 2023 Revenue/Student: $17,905$17,905FY 2023 Expenditure/Student: $16,991$16,991FY 2023570 stdsFY 2024 Revenue/Student: $18,788$18,788FY 2024 Expenditure/Student: $18,766$18,766FY 2024572 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $18,788

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 572 $10,747,000 $10,734,000 $5,642,000 $685,000 $6,495,000
FY 2023 570 $10,206,000 $9,685,000 $5,592,000 $85,000 $6,663,000
FY 2022 587 $9,283,000 $8,806,000 $5,074,000 $138,000 $6,833,000
FY 2021 611 $8,758,000 $8,433,000 $4,888,000 $294,000 $7,216,000
FY 2020 646 $8,151,000 $7,696,000 $4,316,000 $269,000 $7,435,000