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MI Regular Public School District 1 Schools

Rudyard Area Schools

RUDYARD, MI 49780 • Chippewa County • 1 Operating Schools
(906) 478-3771
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 604 students
Census F-33 • FY 2024
Total Revenue
$13,598,000
Total Expenditure
$14,492,000
Classroom Instruction
$6,369,000
Outstanding Debt
$0

Revenue Sources

State Government Funds: $7,081,000 (52.1%) Local Taxes & Fees: $3,600,000 (26.5%) Federal Aid: $2,917,000 (21.5%)
State Government Funds $7,081,000 52.1%
Local Taxes & Fees $3,600,000 26.5%
Federal Aid $2,917,000 21.5%
Total Revenue $13,598,000 100.0%

Expenditure Allocation

Classroom Instruction: $6,369,000 (43.9%) Support Services: $3,544,000 (24.5%) Capital Outlays: $1,029,000 (7.1%) Other / Operations: $3,550,000 (24.5%)
Classroom Instruction $6,369,000 43.9%
Support Services $3,544,000 24.5%
Capital Outlays $1,029,000 7.1%
Other / Operations $3,550,000 24.5%
Total Expenditure $14,492,000 100.0%

Financial Comparison & Trends Chart

$0$7,000$14,000$21,000$28,000FY 2020 Revenue/Student: $16,460$16,460FY 2020 Expenditure/Student: $14,680$14,680FY 2020594 stdsFY 2021 Revenue/Student: $16,720$16,720FY 2021 Expenditure/Student: $14,806$14,806FY 2021618 stdsFY 2022 Revenue/Student: $19,844$19,844FY 2022 Expenditure/Student: $16,750$16,750FY 2022627 stdsFY 2023 Revenue/Student: $21,332$21,332FY 2023 Expenditure/Student: $19,119$19,119FY 2023603 stdsFY 2024 Revenue/Student: $22,513$22,513FY 2024 Expenditure/Student: $23,993$23,993FY 2024604 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $23,993

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 604 $13,598,000 $14,492,000 $6,369,000 $1,029,000 $0
FY 2023 603 $12,863,000 $11,529,000 $5,611,000 $529,000 $2,824,000
FY 2022 627 $12,442,000 $10,502,000 $5,149,000 $277,000 $0
FY 2021 618 $10,333,000 $9,150,000 $4,771,000 $115,000 $0
FY 2020 594 $9,777,000 $8,720,000 $4,238,000 $705,000 $4,080,000