MI
Regular Public School District
1 Schools
Wakefield-Marenisco School District
WAKEFIELD, MI 49968
•
Gogebic County
•
1 Operating Schools
(906) 224-7211
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 257 students
Total Revenue
$4,304,000
Total Expenditure
$4,217,000
Classroom Instruction
$2,570,000
Outstanding Debt
$0
Revenue Sources
| State Government Funds | $2,010,000 | 46.7% | |
| Local Taxes & Fees | $1,856,000 | 43.1% | |
| Federal Aid | $438,000 | 10.2% | |
| Total Revenue | $4,304,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $2,570,000 | 60.9% | |
| Support Services | $1,220,000 | 28.9% | |
| Capital Outlays | $132,000 | 3.1% | |
| Other / Operations | $295,000 | 7% | |
| Total Expenditure | $4,217,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $19,079
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 257 | $4,304,000 | $4,217,000 | $2,570,000 | $132,000 | $0 |
| FY 2023 | 252 | $4,735,000 | $4,808,000 | $2,510,000 | $862,000 | $0 |
| FY 2022 | 264 | $3,825,000 | $3,831,000 | $2,357,000 | $118,000 | $55,000 |
| FY 2021 | 275 | $3,775,000 | $3,529,000 | $2,149,000 | $144,000 | $55,000 |
| FY 2020 | 279 | $3,517,000 | $3,521,000 | $2,050,000 | $296,000 | $86,000 |