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MI Regular Public School District 8 Schools

Riverview Community School District

RIVERVIEW, MI 48193 • Wayne County • 8 Operating Schools
(734) 285-9660
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 2,773 students
Census F-33 • FY 2024
Total Revenue
$45,654,000
Total Expenditure
$39,220,000
Classroom Instruction
$21,205,000
Outstanding Debt
$13,561,000

Revenue Sources

State Government Funds: $32,717,000 (71.7%) Local Taxes & Fees: $9,410,000 (20.6%) Federal Aid: $3,527,000 (7.7%)
State Government Funds $32,717,000 71.7%
Local Taxes & Fees $9,410,000 20.6%
Federal Aid $3,527,000 7.7%
Total Revenue $45,654,000 100.0%

Expenditure Allocation

Classroom Instruction: $21,205,000 (54.1%) Support Services: $13,228,000 (33.7%) Capital Outlays: $1,832,000 (4.7%) Other / Operations: $2,955,000 (7.5%)
Classroom Instruction $21,205,000 54.1%
Support Services $13,228,000 33.7%
Capital Outlays $1,832,000 4.7%
Other / Operations $2,955,000 7.5%
Total Expenditure $39,220,000 100.0%

Financial Comparison & Trends Chart

$0$4,750$9,500$14,250$19,000FY 2020 Revenue/Student: $11,748$11,748FY 2020 Expenditure/Student: $12,838$12,838FY 20202,920 stdsFY 2021 Revenue/Student: $12,862$12,862FY 2021 Expenditure/Student: $14,095$14,095FY 20212,894 stdsFY 2022 Revenue/Student: $13,653$13,653FY 2022 Expenditure/Student: $15,187$15,187FY 20222,852 stdsFY 2023 Revenue/Student: $14,936$14,936FY 2023 Expenditure/Student: $13,555$13,555FY 20232,831 stdsFY 2024 Revenue/Student: $16,464$16,464FY 2024 Expenditure/Student: $14,144$14,144FY 20242,773 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $16,464

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 2,773 $45,654,000 $39,220,000 $21,205,000 $1,832,000 $13,561,000
FY 2023 2,831 $42,284,000 $38,375,000 $21,553,000 $1,450,000 $13,560,000
FY 2022 2,852 $38,939,000 $43,313,000 $20,981,000 $8,090,000 $16,186,000
FY 2021 2,894 $37,224,000 $40,792,000 $19,054,000 $9,079,000 $17,397,000
FY 2020 2,920 $34,303,000 $37,486,000 $17,996,000 $7,101,000 $10,193,000