MI
Regular Public School District
7 Schools
Romeo Community Schools
ROMEO, MI 48065
•
Macomb County
•
7 Operating Schools
(586) 752-0200
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 5,236 students
Total Revenue
$99,826,000
Total Expenditure
$110,595,000
Classroom Instruction
$45,107,000
Outstanding Debt
$126,026,000
Revenue Sources
| State Government Funds | $59,304,000 | 59.4% | |
| Local Taxes & Fees | $35,839,000 | 35.9% | |
| Federal Aid | $4,683,000 | 4.7% | |
| Total Revenue | $99,826,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $45,107,000 | 40.8% | |
| Support Services | $28,095,000 | 25.4% | |
| Capital Outlays | $28,081,000 | 25.4% | |
| Other / Operations | $9,312,000 | 8.4% | |
| Total Expenditure | $110,595,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $21,122
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 5,236 | $99,826,000 | $110,595,000 | $45,107,000 | $28,081,000 | $126,026,000 |
| FY 2023 | 5,185 | $94,660,000 | $97,932,000 | $45,905,000 | $17,019,000 | $129,778,000 |
| FY 2022 | 5,074 | $82,248,000 | $80,541,000 | $41,025,000 | $10,251,000 | $137,468,000 |
| FY 2021 | 4,941 | $75,333,000 | $78,225,000 | $37,808,000 | $15,242,000 | $83,702,000 |
| FY 2020 | 5,043 | $66,097,000 | $73,670,000 | $35,970,000 | $14,171,000 | $90,178,000 |