MI
Regular Public School District
2 Schools
New Lothrop Area Public Schools
NEW LOTHROP, MI 48460
•
Shiawassee County
•
2 Operating Schools
(810) 638-5091
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 916 students
Total Revenue
$15,038,000
Total Expenditure
$13,378,000
Classroom Instruction
$7,410,000
Outstanding Debt
$0
Revenue Sources
| State Government Funds | $11,416,000 | 75.9% | |
| Local Taxes & Fees | $2,901,000 | 19.3% | |
| Federal Aid | $721,000 | 4.8% | |
| Total Revenue | $15,038,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $7,410,000 | 55.4% | |
| Support Services | $3,636,000 | 27.2% | |
| Capital Outlays | $757,000 | 5.7% | |
| Other / Operations | $1,575,000 | 11.8% | |
| Total Expenditure | $13,378,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $16,439
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 916 | $15,038,000 | $13,378,000 | $7,410,000 | $757,000 | $0 |
| FY 2023 | 877 | $14,417,000 | $13,443,000 | $7,601,000 | $844,000 | $0 |
| FY 2022 | 888 | $12,788,000 | $13,787,000 | $6,667,000 | $2,629,000 | $0 |
| FY 2021 | 896 | $11,189,000 | $12,249,000 | $6,105,000 | $2,266,000 | $0 |
| FY 2020 | 923 | $10,685,000 | $11,417,000 | $5,765,000 | $1,938,000 | $2,840,000 |