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MI Regular Public School District 3 Schools

Onaway Area Community School District

ONAWAY, MI 49765 • Presque Isle County • 3 Operating Schools
(989) 733-4950
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 525 students
Census F-33 • FY 2024
Total Revenue
$9,416,000
Total Expenditure
$8,684,000
Classroom Instruction
$5,311,000
Outstanding Debt
$255,000

Revenue Sources

State Government Funds: $3,774,000 (40.1%) Local Taxes & Fees: $4,599,000 (48.8%) Federal Aid: $1,043,000 (11.1%)
State Government Funds $3,774,000 40.1%
Local Taxes & Fees $4,599,000 48.8%
Federal Aid $1,043,000 11.1%
Total Revenue $9,416,000 100.0%

Expenditure Allocation

Classroom Instruction: $5,311,000 (61.2%) Support Services: $2,624,000 (30.2%) Capital Outlays: $295,000 (3.4%) Other / Operations: $454,000 (5.2%)
Classroom Instruction $5,311,000 61.2%
Support Services $2,624,000 30.2%
Capital Outlays $295,000 3.4%
Other / Operations $454,000 5.2%
Total Expenditure $8,684,000 100.0%

Financial Comparison & Trends Chart

$0$5,250$10,500$15,750$21,000FY 2020 Revenue/Student: $12,320$12,320FY 2020 Expenditure/Student: $11,731$11,731FY 2020569 stdsFY 2021 Revenue/Student: $14,820$14,820FY 2021 Expenditure/Student: $12,564$12,564FY 2021539 stdsFY 2022 Revenue/Student: $15,927$15,927FY 2022 Expenditure/Student: $14,754$14,754FY 2022532 stdsFY 2023 Revenue/Student: $17,847$17,847FY 2023 Expenditure/Student: $16,144$16,144FY 2023541 stdsFY 2024 Revenue/Student: $17,935$17,935FY 2024 Expenditure/Student: $16,541$16,541FY 2024525 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $17,935

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 525 $9,416,000 $8,684,000 $5,311,000 $295,000 $255,000
FY 2023 541 $9,655,000 $8,734,000 $5,757,000 $171,000 $1,063,000
FY 2022 532 $8,473,000 $7,849,000 $5,298,000 $120,000 $1,600,000
FY 2021 539 $7,988,000 $6,772,000 $4,475,000 $80,000 $2,121,000
FY 2020 569 $7,010,000 $6,675,000 $4,338,000 $164,000 $2,147,000