MI
Regular Public School District
5 Schools
Shepherd Public Schools
SHEPHERD, MI 48883
•
Isabella County
•
5 Operating Schools
(989) 828-5520
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 1,768 students
Total Revenue
$29,797,000
Total Expenditure
$28,896,000
Classroom Instruction
$13,526,000
Outstanding Debt
$21,328,000
Revenue Sources
| State Government Funds | $20,453,000 | 68.6% | |
| Local Taxes & Fees | $6,552,000 | 22% | |
| Federal Aid | $2,792,000 | 9.4% | |
| Total Revenue | $29,797,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $13,526,000 | 46.8% | |
| Support Services | $9,007,000 | 31.2% | |
| Capital Outlays | $1,772,000 | 6.1% | |
| Other / Operations | $4,591,000 | 15.9% | |
| Total Expenditure | $28,896,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $16,854
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 1,768 | $29,797,000 | $28,896,000 | $13,526,000 | $1,772,000 | $21,328,000 |
| FY 2023 | 1,785 | $27,154,000 | $26,319,000 | $12,934,000 | $1,548,000 | $26,325,000 |
| FY 2022 | 1,736 | $24,501,000 | $21,821,000 | $11,022,000 | $843,000 | $0 |
| FY 2021 | 1,737 | $23,391,000 | $20,834,000 | $10,688,000 | $1,347,000 | $25,308,000 |
| FY 2020 | 1,764 | $22,192,000 | $20,591,000 | $10,633,000 | $948,000 | $26,904,000 |