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MI Regular Public School District 2 Schools

Owendale-Gagetown Area School District

OWENDALE, MI 48754 • Huron County • 2 Operating Schools
(989) 678-4261
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 139 students
Census F-33 • FY 2024
Total Revenue
$2,741,000
Total Expenditure
$2,553,000
Classroom Instruction
$1,320,000
Outstanding Debt
$2,143,000

Revenue Sources

State Government Funds: $1,772,000 (64.6%) Local Taxes & Fees: $762,000 (27.8%) Federal Aid: $207,000 (7.6%)
State Government Funds $1,772,000 64.6%
Local Taxes & Fees $762,000 27.8%
Federal Aid $207,000 7.6%
Total Revenue $2,741,000 100.0%

Expenditure Allocation

Classroom Instruction: $1,320,000 (51.7%) Support Services: $828,000 (32.4%) Capital Outlays: $55,000 (2.2%) Other / Operations: $350,000 (13.7%)
Classroom Instruction $1,320,000 51.7%
Support Services $828,000 32.4%
Capital Outlays $55,000 2.2%
Other / Operations $350,000 13.7%
Total Expenditure $2,553,000 100.0%

Financial Comparison & Trends Chart

$0$5,750$11,500$17,250$23,000FY 2020 Revenue/Student: $15,353$15,353FY 2020 Expenditure/Student: $13,863$13,863FY 2020153 stdsFY 2021 Revenue/Student: $15,766$15,766FY 2021 Expenditure/Student: $13,799$13,799FY 2021154 stdsFY 2022 Revenue/Student: $17,263$17,263FY 2022 Expenditure/Student: $14,775$14,775FY 2022160 stdsFY 2023 Revenue/Student: $19,808$19,808FY 2023 Expenditure/Student: $17,728$17,728FY 2023151 stdsFY 2024 Revenue/Student: $19,719$19,719FY 2024 Expenditure/Student: $18,367$18,367FY 2024139 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $19,808

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 139 $2,741,000 $2,553,000 $1,320,000 $55,000 $2,143,000
FY 2023 151 $2,991,000 $2,677,000 $1,514,000 $53,000 $2,144,000
FY 2022 160 $2,762,000 $2,364,000 $1,304,000 $73,000 $3,498,000
FY 2021 154 $2,428,000 $2,125,000 $1,162,000 $92,000 $2,440,000
FY 2020 153 $2,349,000 $2,121,000 $1,157,000 $103,000 $2,552,000