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MI Regular Public School District 7 Schools

Oak Park School District of the City of

OAK PARK, MI 48237 • Oakland County • 7 Operating Schools
(248) 336-7706
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 3,020 students
Census F-33 • FY 2024
Total Revenue
$68,681,000
Total Expenditure
$77,885,000
Classroom Instruction
$32,851,000
Outstanding Debt
$26,090,000

Revenue Sources

State Government Funds: $43,122,000 (62.8%) Local Taxes & Fees: $16,174,000 (23.5%) Federal Aid: $9,385,000 (13.7%)
State Government Funds $43,122,000 62.8%
Local Taxes & Fees $16,174,000 23.5%
Federal Aid $9,385,000 13.7%
Total Revenue $68,681,000 100.0%

Expenditure Allocation

Classroom Instruction: $32,851,000 (42.2%) Support Services: $25,731,000 (33%) Capital Outlays: $13,102,000 (16.8%) Other / Operations: $6,201,000 (8%)
Classroom Instruction $32,851,000 42.2%
Support Services $25,731,000 33%
Capital Outlays $13,102,000 16.8%
Other / Operations $6,201,000 8%
Total Expenditure $77,885,000 100.0%

Financial Comparison & Trends Chart

$0$7,500$15,000$22,500$30,000FY 2020 Revenue/Student: $13,075$13,075FY 2020 Expenditure/Student: $12,285$12,285FY 20204,429 stdsFY 2021 Revenue/Student: $17,114$17,114FY 2021 Expenditure/Student: $15,442$15,442FY 20213,870 stdsFY 2022 Revenue/Student: $16,563$16,563FY 2022 Expenditure/Student: $18,456$18,456FY 20223,641 stdsFY 2023 Revenue/Student: $18,760$18,760FY 2023 Expenditure/Student: $21,636$21,636FY 20233,680 stdsFY 2024 Revenue/Student: $22,742$22,742FY 2024 Expenditure/Student: $25,790$25,790FY 20243,020 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $25,790

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 3,020 $68,681,000 $77,885,000 $32,851,000 $13,102,000 $26,090,000
FY 2023 3,680 $69,036,000 $79,621,000 $35,213,000 $14,410,000 $30,087,000
FY 2022 3,641 $60,305,000 $67,199,000 $31,916,000 $6,581,000 $16,579,000
FY 2021 3,870 $66,233,000 $59,760,000 $32,627,000 $2,949,000 $15,050,000
FY 2020 4,429 $57,911,000 $54,412,000 $30,567,000 $798,000 $3,627,000