MI
Regular Public School District
4 Schools
North Branch Area Schools
NORTH BRANCH, MI 48461
•
Lapeer County
•
4 Operating Schools
(810) 688-3570
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 2,426 students
Total Revenue
$38,101,000
Total Expenditure
$31,647,000
Classroom Instruction
$18,580,000
Outstanding Debt
$35,278,000
Revenue Sources
| State Government Funds | $28,976,000 | 76.1% | |
| Local Taxes & Fees | $7,254,000 | 19% | |
| Federal Aid | $1,871,000 | 4.9% | |
| Total Revenue | $38,101,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $18,580,000 | 58.7% | |
| Support Services | $8,834,000 | 27.9% | |
| Capital Outlays | $1,107,000 | 3.5% | |
| Other / Operations | $3,126,000 | 9.9% | |
| Total Expenditure | $31,647,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $15,705
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 2,426 | $38,101,000 | $31,647,000 | $18,580,000 | $1,107,000 | $35,278,000 |
| FY 2023 | 2,382 | $36,503,000 | $32,867,000 | $17,853,000 | $4,007,000 | $41,483,000 |
| FY 2022 | 2,414 | $33,299,000 | $27,776,000 | $15,666,000 | $1,864,000 | $38,702,000 |
| FY 2021 | 2,338 | $31,162,000 | $25,969,000 | $14,380,000 | $2,099,000 | $40,924,000 |
| FY 2020 | 2,389 | $28,838,000 | $24,778,000 | $14,401,000 | $1,415,000 | $42,238,000 |