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MI Regular Public School District 2 Schools

West Iron County Public Schools

IRON RIVER, MI 49935 • Iron County • 2 Operating Schools
(906) 265-9218
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 803 students
Census F-33 • FY 2024
Total Revenue
$13,452,000
Total Expenditure
$13,556,000
Classroom Instruction
$7,464,000
Outstanding Debt
$0

Revenue Sources

State Government Funds: $7,419,000 (55.2%) Local Taxes & Fees: $4,689,000 (34.9%) Federal Aid: $1,344,000 (10%)
State Government Funds $7,419,000 55.2%
Local Taxes & Fees $4,689,000 34.9%
Federal Aid $1,344,000 10%
Total Revenue $13,452,000 100.0%

Expenditure Allocation

Classroom Instruction: $7,464,000 (55.1%) Support Services: $3,890,000 (28.7%) Capital Outlays: $1,548,000 (11.4%) Other / Operations: $654,000 (4.8%)
Classroom Instruction $7,464,000 55.1%
Support Services $3,890,000 28.7%
Capital Outlays $1,548,000 11.4%
Other / Operations $654,000 4.8%
Total Expenditure $13,556,000 100.0%

Financial Comparison & Trends Chart

$0$5,000$10,000$15,000$20,000FY 2020 Revenue/Student: $12,671$12,671FY 2020 Expenditure/Student: $14,092$14,092FY 2020866 stdsFY 2021 Revenue/Student: $14,337$14,337FY 2021 Expenditure/Student: $15,244$15,244FY 2021796 stdsFY 2022 Revenue/Student: $14,180$14,180FY 2022 Expenditure/Student: $13,373$13,373FY 2022823 stdsFY 2023 Revenue/Student: $16,869$16,869FY 2023 Expenditure/Student: $14,265$14,265FY 2023846 stdsFY 2024 Revenue/Student: $16,752$16,752FY 2024 Expenditure/Student: $16,882$16,882FY 2024803 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $16,882

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 803 $13,452,000 $13,556,000 $7,464,000 $1,548,000 $0
FY 2023 846 $14,271,000 $12,068,000 $7,254,000 $312,000 $0
FY 2022 823 $11,670,000 $11,006,000 $6,841,000 $282,000 $0
FY 2021 796 $11,412,000 $12,134,000 $7,052,000 $879,000 $0
FY 2020 866 $10,973,000 $12,204,000 $6,199,000 $718,000 $0