MI
Regular Public School District
2 Schools
Summerfield Schools
PETERSBURG, MI 49270
•
Monroe County
•
2 Operating Schools
(734) 279-1035
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 564 students
Total Revenue
$9,639,000
Total Expenditure
$9,141,000
Classroom Instruction
$4,696,000
Outstanding Debt
$3,306,000
Revenue Sources
| State Government Funds | $7,058,000 | 73.2% | |
| Local Taxes & Fees | $2,192,000 | 22.7% | |
| Federal Aid | $389,000 | 4% | |
| Total Revenue | $9,639,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $4,696,000 | 51.4% | |
| Support Services | $2,939,000 | 32.2% | |
| Capital Outlays | $282,000 | 3.1% | |
| Other / Operations | $1,224,000 | 13.4% | |
| Total Expenditure | $9,141,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $17,090
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 564 | $9,639,000 | $9,141,000 | $4,696,000 | $282,000 | $3,306,000 |
| FY 2023 | 593 | $9,463,000 | $9,012,000 | $4,665,000 | $456,000 | $3,655,000 |
| FY 2022 | 598 | $9,149,000 | $8,245,000 | $4,233,000 | $343,000 | $4,340,000 |
| FY 2021 | 577 | $8,145,000 | $8,521,000 | $3,836,000 | $1,454,000 | $4,659,000 |
| FY 2020 | 589 | $7,271,000 | $7,350,000 | $3,797,000 | $763,000 | $5,051,000 |