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MI Regular Public School District 8 Schools

Saginaw Township Community Schools

SAGINAW, MI 48603 • Saginaw County • 8 Operating Schools
(989) 797-1800
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 4,503 students
Census F-33 • FY 2024
Total Revenue
$76,307,000
Total Expenditure
$72,781,000
Classroom Instruction
$39,397,000
Outstanding Debt
$9,705,000

Revenue Sources

State Government Funds: $48,683,000 (63.8%) Local Taxes & Fees: $20,469,000 (26.8%) Federal Aid: $7,155,000 (9.4%)
State Government Funds $48,683,000 63.8%
Local Taxes & Fees $20,469,000 26.8%
Federal Aid $7,155,000 9.4%
Total Revenue $76,307,000 100.0%

Expenditure Allocation

Classroom Instruction: $39,397,000 (54.1%) Support Services: $20,715,000 (28.5%) Capital Outlays: $4,580,000 (6.3%) Other / Operations: $8,089,000 (11.1%)
Classroom Instruction $39,397,000 54.1%
Support Services $20,715,000 28.5%
Capital Outlays $4,580,000 6.3%
Other / Operations $8,089,000 11.1%
Total Expenditure $72,781,000 100.0%

Financial Comparison & Trends Chart

$0$5,000$10,000$15,000$20,000FY 2020 Revenue/Student: $12,089$12,089FY 2020 Expenditure/Student: $11,099$11,099FY 20204,850 stdsFY 2021 Revenue/Student: $13,043$13,043FY 2021 Expenditure/Student: $12,268$12,268FY 20214,694 stdsFY 2022 Revenue/Student: $14,229$14,229FY 2022 Expenditure/Student: $13,296$13,296FY 20224,659 stdsFY 2023 Revenue/Student: $15,737$15,737FY 2023 Expenditure/Student: $14,696$14,696FY 20234,596 stdsFY 2024 Revenue/Student: $16,946$16,946FY 2024 Expenditure/Student: $16,163$16,163FY 20244,503 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $16,946

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 4,503 $76,307,000 $72,781,000 $39,397,000 $4,580,000 $9,705,000
FY 2023 4,596 $72,329,000 $67,543,000 $39,625,000 $4,004,000 $15,410,000
FY 2022 4,659 $66,293,000 $61,944,000 $36,263,000 $1,231,000 $15,550,000
FY 2021 4,694 $61,224,000 $57,586,000 $35,784,000 $215,000 $18,635,000
FY 2020 4,850 $58,633,000 $53,829,000 $31,160,000 $1,647,000 $21,505,000