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MI Regular Public School District 6 Schools

Spring Lake Public Schools

SPRING LAKE, MI 49456 • Ottawa County • 6 Operating Schools
(616) 847-7919
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 2,297 students
Census F-33 • FY 2024
Total Revenue
$49,995,000
Total Expenditure
$46,897,000
Classroom Instruction
$23,048,000
Outstanding Debt
$63,949,000

Revenue Sources

State Government Funds: $27,325,000 (54.7%) Local Taxes & Fees: $20,795,000 (41.6%) Federal Aid: $1,875,000 (3.8%)
State Government Funds $27,325,000 54.7%
Local Taxes & Fees $20,795,000 41.6%
Federal Aid $1,875,000 3.8%
Total Revenue $49,995,000 100.0%

Expenditure Allocation

Classroom Instruction: $23,048,000 (49.1%) Support Services: $11,717,000 (25%) Capital Outlays: $5,571,000 (11.9%) Other / Operations: $6,561,000 (14%)
Classroom Instruction $23,048,000 49.1%
Support Services $11,717,000 25%
Capital Outlays $5,571,000 11.9%
Other / Operations $6,561,000 14%
Total Expenditure $46,897,000 100.0%

Financial Comparison & Trends Chart

$0$6,500$13,000$19,500$26,000FY 2020 Revenue/Student: $14,867$14,867FY 2020 Expenditure/Student: $12,991$12,991FY 20202,474 stdsFY 2021 Revenue/Student: $15,938$15,938FY 2021 Expenditure/Student: $13,759$13,759FY 20212,423 stdsFY 2022 Revenue/Student: $17,495$17,495FY 2022 Expenditure/Student: $15,062$15,062FY 20222,379 stdsFY 2023 Revenue/Student: $20,239$20,239FY 2023 Expenditure/Student: $17,977$17,977FY 20232,331 stdsFY 2024 Revenue/Student: $21,765$21,765FY 2024 Expenditure/Student: $20,417$20,417FY 20242,297 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $21,765

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 2,297 $49,995,000 $46,897,000 $23,048,000 $5,571,000 $63,949,000
FY 2023 2,331 $47,176,000 $41,904,000 $23,342,000 $2,666,000 $69,807,000
FY 2022 2,379 $41,620,000 $35,832,000 $20,180,000 $1,404,000 $50,431,000
FY 2021 2,423 $38,617,000 $33,337,000 $19,205,000 $787,000 $55,995,000
FY 2020 2,474 $36,780,000 $32,139,000 $18,261,000 $1,153,000 $51,747,000