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MI Regular Public School District 6 Schools

Public Schools of Petoskey

PETOSKEY, MI 49770 • Emmet County • 6 Operating Schools
(231) 348-2100
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 2,433 students
Census F-33 • FY 2024
Total Revenue
$48,538,000
Total Expenditure
$47,257,000
Classroom Instruction
$27,171,000
Outstanding Debt
$0

Revenue Sources

State Government Funds: $12,946,000 (26.7%) Local Taxes & Fees: $32,627,000 (67.2%) Federal Aid: $2,965,000 (6.1%)
State Government Funds $12,946,000 26.7%
Local Taxes & Fees $32,627,000 67.2%
Federal Aid $2,965,000 6.1%
Total Revenue $48,538,000 100.0%

Expenditure Allocation

Classroom Instruction: $27,171,000 (57.5%) Support Services: $13,202,000 (27.9%) Capital Outlays: $5,402,000 (11.4%) Other / Operations: $1,482,000 (3.1%)
Classroom Instruction $27,171,000 57.5%
Support Services $13,202,000 27.9%
Capital Outlays $5,402,000 11.4%
Other / Operations $1,482,000 3.1%
Total Expenditure $47,257,000 100.0%

Financial Comparison & Trends Chart

$0$5,750$11,500$17,250$23,000FY 2020 Revenue/Student: $13,893$13,893FY 2020 Expenditure/Student: $11,730$11,730FY 20202,821 stdsFY 2021 Revenue/Student: $14,739$14,739FY 2021 Expenditure/Student: $12,848$12,848FY 20212,741 stdsFY 2022 Revenue/Student: $15,726$15,726FY 2022 Expenditure/Student: $14,335$14,335FY 20222,612 stdsFY 2023 Revenue/Student: $17,033$17,033FY 2023 Expenditure/Student: $16,360$16,360FY 20232,526 stdsFY 2024 Revenue/Student: $19,950$19,950FY 2024 Expenditure/Student: $19,423$19,423FY 20242,433 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $19,950

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 2,433 $48,538,000 $47,257,000 $27,171,000 $5,402,000 $0
FY 2023 2,526 $43,026,000 $41,326,000 $25,195,000 $3,981,000 $0
FY 2022 2,612 $41,077,000 $37,443,000 $23,626,000 $1,954,000 $1,845,000
FY 2021 2,741 $40,399,000 $35,216,000 $22,485,000 $1,810,000 $5,355,000
FY 2020 2,821 $39,193,000 $33,091,000 $21,367,000 $1,975,000 $3,600,000