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MI Regular Public School District 2 Schools

Whittemore-Prescott Area Schools

WHITTEMORE, MI 48770 • Iosco County • 2 Operating Schools
(989) 756-2500
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 642 students
Census F-33 • FY 2024
Total Revenue
$13,008,000
Total Expenditure
$11,041,000
Classroom Instruction
$5,328,000
Outstanding Debt
$11,554,000

Revenue Sources

State Government Funds: $6,766,000 (52%) Local Taxes & Fees: $3,346,000 (25.7%) Federal Aid: $2,896,000 (22.3%)
State Government Funds $6,766,000 52%
Local Taxes & Fees $3,346,000 25.7%
Federal Aid $2,896,000 22.3%
Total Revenue $13,008,000 100.0%

Expenditure Allocation

Classroom Instruction: $5,328,000 (48.3%) Support Services: $3,873,000 (35.1%) Capital Outlays: $929,000 (8.4%) Other / Operations: $911,000 (8.3%)
Classroom Instruction $5,328,000 48.3%
Support Services $3,873,000 35.1%
Capital Outlays $929,000 8.4%
Other / Operations $911,000 8.3%
Total Expenditure $11,041,000 100.0%

Financial Comparison & Trends Chart

$0$6,000$12,000$18,000$24,000FY 2020 Revenue/Student: $13,580$13,580FY 2020 Expenditure/Student: $14,095$14,095FY 2020727 stdsFY 2021 Revenue/Student: $14,390$14,390FY 2021 Expenditure/Student: $17,865$17,865FY 2021711 stdsFY 2022 Revenue/Student: $16,004$16,004FY 2022 Expenditure/Student: $14,917$14,917FY 2022698 stdsFY 2023 Revenue/Student: $17,653$17,653FY 2023 Expenditure/Student: $16,673$16,673FY 2023689 stdsFY 2024 Revenue/Student: $20,262$20,262FY 2024 Expenditure/Student: $17,198$17,198FY 2024642 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $20,262

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 642 $13,008,000 $11,041,000 $5,328,000 $929,000 $11,554,000
FY 2023 689 $12,163,000 $11,488,000 $5,836,000 $456,000 $12,674,000
FY 2022 698 $11,171,000 $10,412,000 $5,012,000 $632,000 $6,935,000
FY 2021 711 $10,231,000 $12,702,000 $4,996,000 $3,667,000 $7,617,000
FY 2020 727 $9,873,000 $10,247,000 $5,097,000 $1,535,000 $8,908,000