MI
Regular Public School District
16 Schools
Traverse City Area Public Schools
TRAVERSE CITY, MI 49684
•
Grand Traverse County
•
16 Operating Schools
(231) 933-1700
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 8,655 students
Total Revenue
$164,481,000
Total Expenditure
$162,167,000
Classroom Instruction
$72,811,000
Outstanding Debt
$77,125,000
Revenue Sources
| State Government Funds | $69,454,000 | 42.2% | |
| Local Taxes & Fees | $85,704,000 | 52.1% | |
| Federal Aid | $9,323,000 | 5.7% | |
| Total Revenue | $164,481,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $72,811,000 | 44.9% | |
| Support Services | $54,109,000 | 33.4% | |
| Capital Outlays | $20,648,000 | 12.7% | |
| Other / Operations | $14,599,000 | 9% | |
| Total Expenditure | $162,167,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $19,004
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 8,655 | $164,481,000 | $162,167,000 | $72,811,000 | $20,648,000 | $77,125,000 |
| FY 2023 | 8,712 | $157,252,000 | $159,301,000 | $72,765,000 | $23,729,000 | $95,100,000 |
| FY 2022 | 8,908 | $141,203,000 | $150,189,000 | $67,415,000 | $28,498,000 | $81,210,000 |
| FY 2021 | 9,007 | $128,765,000 | $136,905,000 | $63,372,000 | $25,194,000 | $96,210,000 |
| FY 2020 | 9,486 | $124,357,000 | $127,352,000 | $61,571,000 | $18,201,000 | $71,550,000 |