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MI Regular Public School District 7 Schools

South Redford School District

REDFORD, MI 48239 • Wayne County • 7 Operating Schools
(313) 535-4000
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 2,796 students
Census F-33 • FY 2024
Total Revenue
$68,502,000
Total Expenditure
$93,693,000
Classroom Instruction
$36,496,000
Outstanding Debt
$63,607,000

Revenue Sources

State Government Funds: $44,415,000 (64.8%) Local Taxes & Fees: $19,082,000 (27.9%) Federal Aid: $5,005,000 (7.3%)
State Government Funds $44,415,000 64.8%
Local Taxes & Fees $19,082,000 27.9%
Federal Aid $5,005,000 7.3%
Total Revenue $68,502,000 100.0%

Expenditure Allocation

Classroom Instruction: $36,496,000 (39%) Support Services: $22,033,000 (23.5%) Capital Outlays: $30,521,000 (32.6%) Other / Operations: $4,643,000 (5%)
Classroom Instruction $36,496,000 39%
Support Services $22,033,000 23.5%
Capital Outlays $30,521,000 32.6%
Other / Operations $4,643,000 5%
Total Expenditure $93,693,000 100.0%

Financial Comparison & Trends Chart

$0$9,750$19,500$29,250$39,000FY 2020 Revenue/Student: $16,104$16,104FY 2020 Expenditure/Student: $14,534$14,534FY 20203,118 stdsFY 2021 Revenue/Student: $16,590$16,590FY 2021 Expenditure/Student: $14,779$14,779FY 20213,162 stdsFY 2022 Revenue/Student: $19,388$19,388FY 2022 Expenditure/Student: $18,309$18,309FY 20223,028 stdsFY 2023 Revenue/Student: $22,927$22,927FY 2023 Expenditure/Student: $25,592$25,592FY 20232,812 stdsFY 2024 Revenue/Student: $24,500$24,500FY 2024 Expenditure/Student: $33,510$33,510FY 20242,796 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $33,510

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 2,796 $68,502,000 $93,693,000 $36,496,000 $30,521,000 $63,607,000
FY 2023 2,812 $64,470,000 $71,966,000 $33,605,000 $13,006,000 $90,940,000
FY 2022 3,028 $58,708,000 $55,439,000 $29,790,000 $3,618,000 $69,983,000
FY 2021 3,162 $52,457,000 $46,731,000 $26,795,000 $730,000 $73,647,000
FY 2020 3,118 $50,211,000 $45,316,000 $25,585,000 $1,071,000 $24,350,000