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MI Specialized Public School District 2 Schools

Newaygo County RESA

FREMONT, MI 49412 • Newaygo County • 2 Operating Schools
(231) 924-0381
Official Website

Fiscal Year 2024 Financial Balance Sheet

Census F-33 • FY 2024
Total Revenue
$33,119,000
Total Expenditure
$31,490,000
Classroom Instruction
$7,800,000
Outstanding Debt
$0

Revenue Sources

State Government Funds: $14,471,000 (43.7%) Local Taxes & Fees: $14,853,000 (44.8%) Federal Aid: $3,795,000 (11.5%)
State Government Funds $14,471,000 43.7%
Local Taxes & Fees $14,853,000 44.8%
Federal Aid $3,795,000 11.5%
Total Revenue $33,119,000 100.0%

Expenditure Allocation

Classroom Instruction: $7,800,000 (24.8%) Support Services: $15,997,000 (50.8%) Capital Outlays: $2,676,000 (8.5%) Other / Operations: $5,017,000 (15.9%)
Classroom Instruction $7,800,000 24.8%
Support Services $15,997,000 50.8%
Capital Outlays $2,676,000 8.5%
Other / Operations $5,017,000 15.9%
Total Expenditure $31,490,000 100.0%

Financial Comparison & Trends Chart

$0$0$1$1$1N/AFY 2020Enrollment N/AN/AFY 2021Enrollment N/AN/AFY 2022Enrollment N/AN/AFY 2023Enrollment N/AN/AFY 2024Enrollment N/A
Revenue per Student Expenditure per Student
Peak Per-Pupil: $1

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 N/A $33,119,000 $31,490,000 $7,800,000 $2,676,000 $0
FY 2023 N/A $32,365,000 $27,615,000 $8,124,000 $1,251,000 $155,000
FY 2022 N/A $27,264,000 $24,471,000 $7,514,000 $607,000 $155,000
FY 2021 N/A $23,412,000 $20,399,000 $6,404,000 $323,000 $305,000
FY 2020 0 $22,304,000 $19,753,000 $6,289,000 $199,000 $447,000