MI
Regular Public School District
3 Schools
Richmond Community Schools
RICHMOND, MI 48062
•
Macomb County
•
3 Operating Schools
(586) 727-3565
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 1,542 students
Total Revenue
$29,356,000
Total Expenditure
$26,963,000
Classroom Instruction
$12,626,000
Outstanding Debt
$35,625,000
Revenue Sources
| State Government Funds | $17,044,000 | 58.1% | |
| Local Taxes & Fees | $10,710,000 | 36.5% | |
| Federal Aid | $1,602,000 | 5.5% | |
| Total Revenue | $29,356,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $12,626,000 | 46.8% | |
| Support Services | $9,133,000 | 33.9% | |
| Capital Outlays | $2,440,000 | 9% | |
| Other / Operations | $2,764,000 | 10.3% | |
| Total Expenditure | $26,963,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $24,826
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 1,542 | $29,356,000 | $26,963,000 | $12,626,000 | $2,440,000 | $35,625,000 |
| FY 2023 | 1,585 | $28,370,000 | $26,985,000 | $11,974,000 | $4,195,000 | $38,545,000 |
| FY 2022 | 1,533 | $25,151,000 | $37,143,000 | $10,912,000 | $16,783,000 | $43,800,000 |
| FY 2021 | 1,487 | $22,231,000 | $36,917,000 | $9,508,000 | $18,270,000 | $45,270,000 |
| FY 2020 | 1,463 | $18,574,000 | $17,174,000 | $8,937,000 | $1,065,000 | $53,689,000 |