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MI Regular Public School District 1 Schools

Sigel Township S/D #4F

HARBOR BEACH, MI 48441 • Huron County • 1 Operating Schools
(989) 479-9266

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 25 students
Census F-33 • FY 2024
Total Revenue
$409,000
Total Expenditure
$415,000
Classroom Instruction
$323,000
Outstanding Debt
$0

Revenue Sources

State Government Funds: $255,000 (62.3%) Local Taxes & Fees: $93,000 (22.7%) Federal Aid: $61,000 (14.9%)
State Government Funds $255,000 62.3%
Local Taxes & Fees $93,000 22.7%
Federal Aid $61,000 14.9%
Total Revenue $409,000 100.0%

Expenditure Allocation

Classroom Instruction: $323,000 (77.8%) Support Services: $54,000 (13%) Capital Outlays: $4,000 (1%) Other / Operations: $34,000 (8.2%)
Classroom Instruction $323,000 77.8%
Support Services $54,000 13%
Capital Outlays $4,000 1%
Other / Operations $34,000 8.2%
Total Expenditure $415,000 100.0%

Financial Comparison & Trends Chart

$0$5,000$10,000$15,000$20,000FY 2020 Revenue/Student: $12,692$12,692FY 2020 Expenditure/Student: $11,808$11,808FY 202026 stdsFY 2021 Revenue/Student: $12,207$12,207FY 2021 Expenditure/Student: $10,828$10,828FY 202129 stdsFY 2022 Revenue/Student: $11,464$11,464FY 2022 Expenditure/Student: $11,536$11,536FY 202228 stdsFY 2023 Revenue/Student: $14,600$14,600FY 2023 Expenditure/Student: $15,320$15,320FY 202325 stdsFY 2024 Revenue/Student: $16,360$16,360FY 2024 Expenditure/Student: $16,600$16,600FY 202425 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $16,600

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 25 $409,000 $415,000 $323,000 $4,000 $0
FY 2023 25 $365,000 $383,000 $320,000 $4,000 $0
FY 2022 28 $321,000 $323,000 $262,000 $11,000 $0
FY 2021 29 $354,000 $314,000 $251,000 $7,000 $0
FY 2020 26 $330,000 $307,000 $239,000 $1,000 $0