MI
Regular Public School District
1 Schools
Watersmeet Township School District
WATERSMEET, MI 49969
•
Gogebic County
•
1 Operating Schools
(906) 358-4504
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 139 students
Total Revenue
$5,366,000
Total Expenditure
$4,931,000
Classroom Instruction
$2,721,000
Outstanding Debt
$0
Revenue Sources
| State Government Funds | $784,000 | 14.6% | |
| Local Taxes & Fees | $2,780,000 | 51.8% | |
| Federal Aid | $1,802,000 | 33.6% | |
| Total Revenue | $5,366,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $2,721,000 | 55.2% | |
| Support Services | $1,551,000 | 31.5% | |
| Capital Outlays | $488,000 | 9.9% | |
| Other / Operations | $171,000 | 3.5% | |
| Total Expenditure | $4,931,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $38,604
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 139 | $5,366,000 | $4,931,000 | $2,721,000 | $488,000 | $0 |
| FY 2023 | 150 | $4,977,000 | $4,338,000 | $2,530,000 | $196,000 | $0 |
| FY 2022 | 144 | $4,698,000 | $4,345,000 | $2,444,000 | $23,000 | $305,000 |
| FY 2020 | 143 | $5,186,000 | $3,600,000 | $2,071,000 | $38,000 | $980,000 |