MI
Regular Public School District
1 Schools
Rapid River Public Schools
RAPID RIVER, MI 49878
•
Delta County
•
1 Operating Schools
(906) 474-6411
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 253 students
Total Revenue
$5,996,000
Total Expenditure
$6,288,000
Classroom Instruction
$2,319,000
Outstanding Debt
$11,642,000
Revenue Sources
| State Government Funds | $2,303,000 | 38.4% | |
| Local Taxes & Fees | $2,961,000 | 49.4% | |
| Federal Aid | $732,000 | 12.2% | |
| Total Revenue | $5,996,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $2,319,000 | 36.9% | |
| Support Services | $1,482,000 | 23.6% | |
| Capital Outlays | $1,540,000 | 24.5% | |
| Other / Operations | $947,000 | 15.1% | |
| Total Expenditure | $6,288,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $24,854
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 253 | $5,996,000 | $6,288,000 | $2,319,000 | $1,540,000 | $11,642,000 |
| FY 2023 | 278 | $5,643,000 | $4,622,000 | $2,489,000 | $137,000 | $7,324,000 |
| FY 2022 | 283 | $5,154,000 | $4,490,000 | $2,364,000 | $134,000 | $5,445,000 |
| FY 2021 | 284 | $4,800,000 | $4,477,000 | $2,140,000 | $584,000 | $6,093,000 |
| FY 2020 | 303 | $4,733,000 | $4,338,000 | $2,145,000 | $543,000 | $6,965,000 |