MI
Regular Public School District
4 Schools
Reed City Area Public Schools
REED CITY, MI 49677
•
Osceola County
•
4 Operating Schools
(231) 832-2201
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 1,421 students
Total Revenue
$23,872,000
Total Expenditure
$21,612,000
Classroom Instruction
$11,991,000
Outstanding Debt
$7,285,000
Revenue Sources
| State Government Funds | $14,730,000 | 61.7% | |
| Local Taxes & Fees | $5,566,000 | 23.3% | |
| Federal Aid | $3,576,000 | 15% | |
| Total Revenue | $23,872,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $11,991,000 | 55.5% | |
| Support Services | $6,792,000 | 31.4% | |
| Capital Outlays | $1,064,000 | 4.9% | |
| Other / Operations | $1,765,000 | 8.2% | |
| Total Expenditure | $21,612,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $16,799
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 1,421 | $23,872,000 | $21,612,000 | $11,991,000 | $1,064,000 | $7,285,000 |
| FY 2023 | 1,394 | $21,601,000 | $21,044,000 | $11,916,000 | $1,641,000 | $8,219,000 |
| FY 2022 | 1,374 | $19,006,000 | $18,307,000 | $10,364,000 | $508,000 | $9,280,000 |
| FY 2021 | 1,346 | $18,867,000 | $16,623,000 | $9,519,000 | $955,000 | $9,665,000 |
| FY 2020 | 1,438 | $17,579,000 | $15,658,000 | $9,282,000 | $149,000 | $10,575,000 |