MI
Regular Public School District
1 Schools
Republic-Michigamme Schools
REPUBLIC, MI 49879
•
Marquette County
•
1 Operating Schools
(906) 376-2277
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 83 students
Total Revenue
$4,593,000
Total Expenditure
$3,005,000
Classroom Instruction
$1,613,000
Outstanding Debt
$0
Revenue Sources
| State Government Funds | $551,000 | 12% | |
| Local Taxes & Fees | $3,867,000 | 84.2% | |
| Federal Aid | $175,000 | 3.8% | |
| Total Revenue | $4,593,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $1,613,000 | 53.7% | |
| Support Services | $973,000 | 32.4% | |
| Capital Outlays | $79,000 | 2.6% | |
| Other / Operations | $340,000 | 11.3% | |
| Total Expenditure | $3,005,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $55,337
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 83 | $4,593,000 | $3,005,000 | $1,613,000 | $79,000 | $0 |
| FY 2023 | 86 | $4,657,000 | $2,763,000 | $1,594,000 | $35,000 | $350,000 |
| FY 2022 | 86 | $4,302,000 | $2,546,000 | $1,375,000 | $60,000 | $700,000 |
| FY 2021 | 92 | $3,497,000 | $2,394,000 | $1,347,000 | $19,000 | $1,050,000 |
| FY 2020 | 98 | $3,000,000 | $2,428,000 | $1,285,000 | $99,000 | $1,405,000 |