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MI Regular Public School District 3 Schools

Vassar Public Schools

VASSAR, MI 48768 • Tuscola County • 3 Operating Schools
(989) 823-8535
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 861 students
Census F-33 • FY 2024
Total Revenue
$16,952,000
Total Expenditure
$15,687,000
Classroom Instruction
$8,015,000
Outstanding Debt
$10,667,000

Revenue Sources

State Government Funds: $10,383,000 (61.2%) Local Taxes & Fees: $2,962,000 (17.5%) Federal Aid: $3,607,000 (21.3%)
State Government Funds $10,383,000 61.2%
Local Taxes & Fees $2,962,000 17.5%
Federal Aid $3,607,000 21.3%
Total Revenue $16,952,000 100.0%

Expenditure Allocation

Classroom Instruction: $8,015,000 (51.1%) Support Services: $4,960,000 (31.6%) Capital Outlays: $643,000 (4.1%) Other / Operations: $2,069,000 (13.2%)
Classroom Instruction $8,015,000 51.1%
Support Services $4,960,000 31.6%
Capital Outlays $643,000 4.1%
Other / Operations $2,069,000 13.2%
Total Expenditure $15,687,000 100.0%

Financial Comparison & Trends Chart

$0$6,500$13,000$19,500$26,000FY 2020 Revenue/Student: $14,726$14,726FY 2020 Expenditure/Student: $18,887$18,887FY 20201,065 stdsFY 2021 Revenue/Student: $16,893$16,893FY 2021 Expenditure/Student: $15,744$15,744FY 2021960 stdsFY 2022 Revenue/Student: $15,781$15,781FY 2022 Expenditure/Student: $16,943$16,943FY 2022926 stdsFY 2023 Revenue/Student: $22,263$22,263FY 2023 Expenditure/Student: $21,732$21,732FY 2023896 stdsFY 2024 Revenue/Student: $19,689$19,689FY 2024 Expenditure/Student: $18,220$18,220FY 2024861 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $22,263

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 861 $16,952,000 $15,687,000 $8,015,000 $643,000 $10,667,000
FY 2023 896 $19,948,000 $19,472,000 $8,847,000 $3,109,000 $0
FY 2022 926 $14,613,000 $15,689,000 $8,138,000 $1,297,000 $11,335,000
FY 2021 960 $16,217,000 $15,114,000 $7,600,000 $1,306,000 $11,830,000
FY 2020 1,065 $15,683,000 $20,115,000 $7,962,000 $6,166,000 $12,755,000