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MI Regular Public School District 3 Schools

Ravenna Public Schools

RAVENNA, MI 49451 • Muskegon County • 3 Operating Schools
(231) 853-2231
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,038 students
Census F-33 • FY 2024
Total Revenue
$18,289,000
Total Expenditure
$18,476,000
Classroom Instruction
$8,398,000
Outstanding Debt
$30,299,000

Revenue Sources

State Government Funds: $12,569,000 (68.7%) Local Taxes & Fees: $4,386,000 (24%) Federal Aid: $1,334,000 (7.3%)
State Government Funds $12,569,000 68.7%
Local Taxes & Fees $4,386,000 24%
Federal Aid $1,334,000 7.3%
Total Revenue $18,289,000 100.0%

Expenditure Allocation

Classroom Instruction: $8,398,000 (45.5%) Support Services: $5,909,000 (32%) Capital Outlays: $1,489,000 (8.1%) Other / Operations: $2,680,000 (14.5%)
Classroom Instruction $8,398,000 45.5%
Support Services $5,909,000 32%
Capital Outlays $1,489,000 8.1%
Other / Operations $2,680,000 14.5%
Total Expenditure $18,476,000 100.0%

Financial Comparison & Trends Chart

$0$6,750$13,500$20,250$27,000FY 2020 Revenue/Student: $13,343$13,343FY 2020 Expenditure/Student: $12,025$12,025FY 20201,037 stdsFY 2021 Revenue/Student: $14,508$14,508FY 2021 Expenditure/Student: $13,145$13,145FY 20211,010 stdsFY 2022 Revenue/Student: $14,901$14,901FY 2022 Expenditure/Student: $16,308$16,308FY 20221,052 stdsFY 2023 Revenue/Student: $16,567$16,567FY 2023 Expenditure/Student: $22,857$22,857FY 20231,030 stdsFY 2024 Revenue/Student: $17,619$17,619FY 2024 Expenditure/Student: $17,800$17,800FY 20241,038 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $22,857

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,038 $18,289,000 $18,476,000 $8,398,000 $1,489,000 $30,299,000
FY 2023 1,030 $17,064,000 $23,543,000 $7,909,000 $7,765,000 $32,659,000
FY 2022 1,052 $15,676,000 $17,156,000 $7,175,000 $3,053,000 $34,104,000
FY 2021 1,010 $14,653,000 $13,276,000 $6,213,000 $557,000 $23,656,000
FY 2020 1,037 $13,837,000 $12,470,000 $5,945,000 $218,000 $25,467,000