MI
Regular Public School District
6 Schools
Otsego Public Schools
OTSEGO, MI 49078
•
Allegan County
•
6 Operating Schools
(269) 694-7900
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 2,377 students
Total Revenue
$42,104,000
Total Expenditure
$41,774,000
Classroom Instruction
$19,954,000
Outstanding Debt
$62,888,000
Revenue Sources
| State Government Funds | $28,105,000 | 66.8% | |
| Local Taxes & Fees | $11,466,000 | 27.2% | |
| Federal Aid | $2,533,000 | 6% | |
| Total Revenue | $42,104,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $19,954,000 | 47.8% | |
| Support Services | $12,426,000 | 29.7% | |
| Capital Outlays | $5,694,000 | 13.6% | |
| Other / Operations | $3,700,000 | 8.9% | |
| Total Expenditure | $41,774,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $18,870
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 2,377 | $42,104,000 | $41,774,000 | $19,954,000 | $5,694,000 | $62,888,000 |
| FY 2023 | 2,363 | $40,871,000 | $44,589,000 | $20,990,000 | $9,606,000 | $62,711,000 |
| FY 2022 | 2,341 | $36,024,000 | $38,980,000 | $17,962,000 | $7,628,000 | $66,436,000 |
| FY 2021 | 2,273 | $32,000,000 | $30,609,000 | $15,747,000 | $3,073,000 | $62,985,000 |
| FY 2020 | 2,354 | $29,864,000 | $30,114,000 | $15,521,000 | $3,501,000 | $50,258,000 |