MI
Regular Public School District
1 Schools
Tahquamenon Area Schools
NEWBERRY, MI 49868
•
Luce County
•
1 Operating Schools
(906) 293-3226
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 473 students
Total Revenue
$10,473,000
Total Expenditure
$14,238,000
Classroom Instruction
$4,274,000
Outstanding Debt
$8,982,000
Revenue Sources
| State Government Funds | $2,867,000 | 27.4% | |
| Local Taxes & Fees | $5,951,000 | 56.8% | |
| Federal Aid | $1,655,000 | 15.8% | |
| Total Revenue | $10,473,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $4,274,000 | 30% | |
| Support Services | $2,870,000 | 20.2% | |
| Capital Outlays | $4,571,000 | 32.1% | |
| Other / Operations | $2,523,000 | 17.7% | |
| Total Expenditure | $14,238,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $30,101
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 473 | $10,473,000 | $14,238,000 | $4,274,000 | $4,571,000 | $8,982,000 |
| FY 2023 | 503 | $9,871,000 | $11,556,000 | $4,835,000 | $2,185,000 | $9,235,000 |
| FY 2022 | 525 | $8,223,000 | $8,812,000 | $4,625,000 | $189,000 | $0 |
| FY 2021 | 558 | $8,487,000 | $7,558,000 | $4,305,000 | $23,000 | $0 |
| FY 2020 | 573 | $7,767,000 | $7,304,000 | $4,072,000 | $37,000 | $1,586,000 |