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MI Regular Public School District 6 Schools

Owosso Public Schools

OWOSSO, MI 48867 • Shiawassee County • 6 Operating Schools
(989) 723-8131
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 2,923 students
Census F-33 • FY 2024
Total Revenue
$49,236,000
Total Expenditure
$45,093,000
Classroom Instruction
$25,773,000
Outstanding Debt
$40,649,000

Revenue Sources

State Government Funds: $32,853,000 (66.7%) Local Taxes & Fees: $11,928,000 (24.2%) Federal Aid: $4,455,000 (9%)
State Government Funds $32,853,000 66.7%
Local Taxes & Fees $11,928,000 24.2%
Federal Aid $4,455,000 9%
Total Revenue $49,236,000 100.0%

Expenditure Allocation

Classroom Instruction: $25,773,000 (57.2%) Support Services: $11,893,000 (26.4%) Capital Outlays: $2,644,000 (5.9%) Other / Operations: $4,783,000 (10.6%)
Classroom Instruction $25,773,000 57.2%
Support Services $11,893,000 26.4%
Capital Outlays $2,644,000 5.9%
Other / Operations $4,783,000 10.6%
Total Expenditure $45,093,000 100.0%

Financial Comparison & Trends Chart

$0$6,000$12,000$18,000$24,000FY 2020 Revenue/Student: $12,784$12,784FY 2020 Expenditure/Student: $20,275$20,275FY 20203,055 stdsFY 2021 Revenue/Student: $13,244$13,244FY 2021 Expenditure/Student: $16,531$16,531FY 20212,995 stdsFY 2022 Revenue/Student: $14,637$14,637FY 2022 Expenditure/Student: $14,683$14,683FY 20222,934 stdsFY 2023 Revenue/Student: $16,927$16,927FY 2023 Expenditure/Student: $15,782$15,782FY 20232,948 stdsFY 2024 Revenue/Student: $16,844$16,844FY 2024 Expenditure/Student: $15,427$15,427FY 20242,923 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $20,275

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 2,923 $49,236,000 $45,093,000 $25,773,000 $2,644,000 $40,649,000
FY 2023 2,948 $49,901,000 $46,525,000 $24,945,000 $4,936,000 $37,981,000
FY 2022 2,934 $42,946,000 $43,080,000 $23,407,000 $4,751,000 $42,023,000
FY 2021 2,995 $39,666,000 $49,511,000 $22,482,000 $13,944,000 $43,082,000
FY 2020 3,055 $39,054,000 $61,940,000 $21,651,000 $27,193,000 $44,302,000