MI
Regular Public School District
5 Schools
Ovid-Elsie Area Schools
ELSIE, MI 48831
•
Clinton County
•
5 Operating Schools
(989) 834-2271
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 1,318 students
Total Revenue
$24,262,000
Total Expenditure
$21,661,000
Classroom Instruction
$10,788,000
Outstanding Debt
$24,249,000
Revenue Sources
| State Government Funds | $16,878,000 | 69.6% | |
| Local Taxes & Fees | $6,398,000 | 26.4% | |
| Federal Aid | $986,000 | 4.1% | |
| Total Revenue | $24,262,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $10,788,000 | 49.8% | |
| Support Services | $7,852,000 | 36.2% | |
| Capital Outlays | $238,000 | 1.1% | |
| Other / Operations | $2,783,000 | 12.8% | |
| Total Expenditure | $21,661,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $18,408
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 1,318 | $24,262,000 | $21,661,000 | $10,788,000 | $238,000 | $24,249,000 |
| FY 2023 | 1,344 | $24,032,000 | $23,712,000 | $12,632,000 | $2,306,000 | $36,771,000 |
| FY 2022 | 1,396 | $21,574,000 | $20,701,000 | $11,000,000 | $1,183,000 | $0 |
| FY 2021 | 1,402 | $19,800,000 | $20,150,000 | $9,849,000 | $3,104,000 | $0 |
| FY 2020 | 1,489 | $19,209,000 | $19,730,000 | $9,666,000 | $2,827,000 | $4,916,000 |