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MI Regular Public School District 3 Schools

Stockbridge Community Schools

STOCKBRIDGE, MI 49285 • Ingham County • 3 Operating Schools
(517) 851-7188
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,124 students
Census F-33 • FY 2024
Total Revenue
$21,295,000
Total Expenditure
$20,863,000
Classroom Instruction
$9,934,000
Outstanding Debt
$17,646,000

Revenue Sources

State Government Funds: $10,972,000 (51.5%) Local Taxes & Fees: $8,778,000 (41.2%) Federal Aid: $1,545,000 (7.3%)
State Government Funds $10,972,000 51.5%
Local Taxes & Fees $8,778,000 41.2%
Federal Aid $1,545,000 7.3%
Total Revenue $21,295,000 100.0%

Expenditure Allocation

Classroom Instruction: $9,934,000 (47.6%) Support Services: $6,914,000 (33.1%) Capital Outlays: $892,000 (4.3%) Other / Operations: $3,123,000 (15%)
Classroom Instruction $9,934,000 47.6%
Support Services $6,914,000 33.1%
Capital Outlays $892,000 4.3%
Other / Operations $3,123,000 15%
Total Expenditure $20,863,000 100.0%

Financial Comparison & Trends Chart

$0$5,500$11,000$16,500$22,000FY 2020 Revenue/Student: $13,062$13,062FY 2020 Expenditure/Student: $12,240$12,240FY 20201,249 stdsFY 2021 Revenue/Student: $14,611$14,611FY 2021 Expenditure/Student: $13,153$13,153FY 20211,208 stdsFY 2022 Revenue/Student: $16,167$16,167FY 2022 Expenditure/Student: $14,272$14,272FY 20221,186 stdsFY 2023 Revenue/Student: $18,239$18,239FY 2023 Expenditure/Student: $17,171$17,171FY 20231,156 stdsFY 2024 Revenue/Student: $18,946$18,946FY 2024 Expenditure/Student: $18,561$18,561FY 20241,124 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $18,946

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,124 $21,295,000 $20,863,000 $9,934,000 $892,000 $17,646,000
FY 2023 1,156 $21,084,000 $19,850,000 $10,467,000 $628,000 $0
FY 2022 1,186 $19,174,000 $16,926,000 $9,133,000 $286,000 $21,672,000
FY 2021 1,208 $17,650,000 $15,889,000 $8,613,000 $628,000 $21,830,000
FY 2020 1,249 $16,315,000 $15,288,000 $8,437,000 $667,000 $18,960,000