MI
Regular Public School District
3 Schools
Norway-Vulcan Area Schools
NORWAY, MI 49870
•
Dickinson County
•
3 Operating Schools
(906) 563-9552
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 566 students
Total Revenue
$9,446,000
Total Expenditure
$9,135,000
Classroom Instruction
$5,027,000
Outstanding Debt
$0
Revenue Sources
| State Government Funds | $6,505,000 | 68.9% | |
| Local Taxes & Fees | $2,512,000 | 26.6% | |
| Federal Aid | $429,000 | 4.5% | |
| Total Revenue | $9,446,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $5,027,000 | 55% | |
| Support Services | $2,988,000 | 32.7% | |
| Capital Outlays | $219,000 | 2.4% | |
| Other / Operations | $901,000 | 9.9% | |
| Total Expenditure | $9,135,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $16,689
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 566 | $9,446,000 | $9,135,000 | $5,027,000 | $219,000 | $0 |
| FY 2023 | 592 | $9,479,000 | $8,442,000 | $4,818,000 | $110,000 | $775,000 |
| FY 2022 | 605 | $9,399,000 | $8,207,000 | $4,553,000 | $458,000 | $1,500,000 |
| FY 2021 | 611 | $9,759,000 | $7,473,000 | $4,422,000 | $130,000 | $2,220,000 |
| FY 2020 | 648 | $7,648,000 | $7,186,000 | $4,271,000 | $118,000 | $2,935,000 |