MI
Regular Public School District
15 Schools
Rockford Public Schools
ROCKFORD, MI 49341
•
Kent County
•
15 Operating Schools
(616) 863-6557
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 7,644 students
Total Revenue
$148,841,000
Total Expenditure
$182,860,000
Classroom Instruction
$66,968,000
Outstanding Debt
$200,326,000
Revenue Sources
| State Government Funds | $90,210,000 | 60.6% | |
| Local Taxes & Fees | $50,727,000 | 34.1% | |
| Federal Aid | $7,904,000 | 5.3% | |
| Total Revenue | $148,841,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $66,968,000 | 36.6% | |
| Support Services | $39,033,000 | 21.3% | |
| Capital Outlays | $49,199,000 | 26.9% | |
| Other / Operations | $27,660,000 | 15.1% | |
| Total Expenditure | $182,860,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $23,922
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 7,644 | $148,841,000 | $182,860,000 | $66,968,000 | $49,199,000 | $200,326,000 |
| FY 2023 | 7,719 | $139,186,000 | $153,077,000 | $66,083,000 | $32,108,000 | $214,940,000 |
| FY 2022 | 7,745 | $120,201,000 | $120,109,000 | $59,085,000 | $12,280,000 | $276,072,000 |
| FY 2021 | 7,717 | $112,644,000 | $115,324,000 | $54,996,000 | $14,789,000 | $156,713,000 |
| FY 2020 | 7,965 | $104,245,000 | $107,435,000 | $52,067,000 | $13,924,000 | $166,133,000 |