MI
Regular Public School District
3 Schools
Vestaburg Community Schools
VESTABURG, MI 48891
•
Montcalm County
•
3 Operating Schools
(989) 268-5353
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 880 students
Total Revenue
$14,885,000
Total Expenditure
$13,687,000
Classroom Instruction
$6,896,000
Outstanding Debt
$10,732,000
Revenue Sources
| State Government Funds | $10,887,000 | 73.1% | |
| Local Taxes & Fees | $3,408,000 | 22.9% | |
| Federal Aid | $590,000 | 4% | |
| Total Revenue | $14,885,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $6,896,000 | 50.4% | |
| Support Services | $4,644,000 | 33.9% | |
| Capital Outlays | $816,000 | 6% | |
| Other / Operations | $1,331,000 | 9.7% | |
| Total Expenditure | $13,687,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $16,915
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 880 | $14,885,000 | $13,687,000 | $6,896,000 | $816,000 | $10,732,000 |
| FY 2023 | 963 | $15,828,000 | $13,414,000 | $6,639,000 | $1,614,000 | $0 |
| FY 2022 | 921 | $12,384,000 | $10,878,000 | $6,298,000 | $104,000 | $0 |
| FY 2021 | 847 | $11,880,000 | $10,370,000 | $5,798,000 | $389,000 | $0 |
| FY 2020 | 806 | $9,646,000 | $10,054,000 | $5,221,000 | $448,000 | $9,305,000 |