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MI Regular Public School District 1 Schools

Wells Township School District

ARNOLD, MI 49819 • Marquette County • 1 Operating Schools
(906) 238-4200
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 6 students
Census F-33 • FY 2024
Total Revenue
$1,027,000
Total Expenditure
$619,000
Classroom Instruction
$296,000
Outstanding Debt
$0

Revenue Sources

State Government Funds: $105,000 (10.2%) Local Taxes & Fees: $855,000 (83.3%) Federal Aid: $67,000 (6.5%)
State Government Funds $105,000 10.2%
Local Taxes & Fees $855,000 83.3%
Federal Aid $67,000 6.5%
Total Revenue $1,027,000 100.0%

Expenditure Allocation

Classroom Instruction: $296,000 (47.8%) Support Services: $279,000 (45.1%) Other / Operations: $44,000 (7.1%)
Classroom Instruction $296,000 47.8%
Support Services $279,000 45.1%
Capital Outlays $0 0%
Other / Operations $44,000 7.1%
Total Expenditure $619,000 100.0%

Financial Comparison & Trends Chart

$0$49,250$98,500$147,750$197,000FY 2020 Revenue/Student: $52,000$52,000FY 2020 Expenditure/Student: $40,385$40,385FY 202013 stdsFY 2021 Revenue/Student: $79,250$79,250FY 2021 Expenditure/Student: $46,583$46,583FY 202112 stdsFY 2022 Revenue/Student: $52,333$52,333FY 2022 Expenditure/Student: $39,800$39,800FY 202215 stdsFY 2023 Revenue/Student: $70,286$70,286FY 2023 Expenditure/Student: $52,714$52,714FY 202314 stdsFY 2024 Revenue/Student: $171,167$171,167FY 2024 Expenditure/Student: $103,167$103,167FY 20246 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $171,167

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 6 $1,027,000 $619,000 $296,000 $0 $0
FY 2023 14 $984,000 $738,000 $334,000 $132,000 $0
FY 2022 15 $785,000 $597,000 $304,000 $27,000 $0
FY 2021 12 $951,000 $559,000 $286,000 $61,000 $0
FY 2020 13 $676,000 $525,000 $246,000 $68,000 $0