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MI Regular Public School District 4 Schools

Sparta Area Schools

SPARTA, MI 49345 • Kent County • 4 Operating Schools
(616) 887-8253
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 2,413 students
Census F-33 • FY 2024
Total Revenue
$48,970,000
Total Expenditure
$47,974,000
Classroom Instruction
$23,066,000
Outstanding Debt
$70,016,000

Revenue Sources

State Government Funds: $29,467,000 (60.2%) Local Taxes & Fees: $15,927,000 (32.5%) Federal Aid: $3,576,000 (7.3%)
State Government Funds $29,467,000 60.2%
Local Taxes & Fees $15,927,000 32.5%
Federal Aid $3,576,000 7.3%
Total Revenue $48,970,000 100.0%

Expenditure Allocation

Classroom Instruction: $23,066,000 (48.1%) Support Services: $11,730,000 (24.5%) Capital Outlays: $2,494,000 (5.2%) Other / Operations: $10,684,000 (22.3%)
Classroom Instruction $23,066,000 48.1%
Support Services $11,730,000 24.5%
Capital Outlays $2,494,000 5.2%
Other / Operations $10,684,000 22.3%
Total Expenditure $47,974,000 100.0%

Financial Comparison & Trends Chart

$0$6,000$12,000$18,000$24,000FY 2020 Revenue/Student: $14,367$14,367FY 2020 Expenditure/Student: $19,427$19,427FY 20202,474 stdsFY 2021 Revenue/Student: $15,636$15,636FY 2021 Expenditure/Student: $19,381$19,381FY 20212,468 stdsFY 2022 Revenue/Student: $17,098$17,098FY 2022 Expenditure/Student: $16,943$16,943FY 20222,428 stdsFY 2023 Revenue/Student: $19,285$19,285FY 2023 Expenditure/Student: $17,868$17,868FY 20232,433 stdsFY 2024 Revenue/Student: $20,294$20,294FY 2024 Expenditure/Student: $19,881$19,881FY 20242,413 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $20,294

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 2,413 $48,970,000 $47,974,000 $23,066,000 $2,494,000 $70,016,000
FY 2023 2,433 $46,920,000 $43,472,000 $22,693,000 $1,625,000 $72,617,000
FY 2022 2,428 $41,514,000 $41,138,000 $19,590,000 $3,579,000 $74,863,000
FY 2021 2,468 $38,590,000 $47,833,000 $18,370,000 $13,782,000 $73,394,000
FY 2020 2,474 $35,543,000 $48,062,000 $17,303,000 $15,544,000 $76,103,000