MI
Regular Public School District
6 Schools
Sault Ste. Marie Area Schools
SAULT SAINTE MARIE, MI 49783
•
Chippewa County
•
6 Operating Schools
(906) 632-5653
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 1,915 students
Total Revenue
$35,482,000
Total Expenditure
$32,937,000
Classroom Instruction
$14,891,000
Outstanding Debt
$1,209,000
Revenue Sources
| State Government Funds | $20,587,000 | 58% | |
| Local Taxes & Fees | $10,409,000 | 29.3% | |
| Federal Aid | $4,486,000 | 12.6% | |
| Total Revenue | $35,482,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $14,891,000 | 45.2% | |
| Support Services | $9,924,000 | 30.1% | |
| Capital Outlays | $3,197,000 | 9.7% | |
| Other / Operations | $4,925,000 | 15% | |
| Total Expenditure | $32,937,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $18,528
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 1,915 | $35,482,000 | $32,937,000 | $14,891,000 | $3,197,000 | $1,209,000 |
| FY 2023 | 1,953 | $32,821,000 | $29,184,000 | $13,979,000 | $3,262,000 | $3,782,000 |
| FY 2022 | 1,972 | $31,142,000 | $26,413,000 | $13,539,000 | $1,363,000 | $3,623,000 |
| FY 2021 | 1,934 | $27,925,000 | $25,222,000 | $13,563,000 | $1,053,000 | $4,971,000 |
| FY 2020 | 1,968 | $25,919,000 | $23,757,000 | $12,903,000 | $1,315,000 | $6,318,000 |