2025 School Bond Qualification and Loan Program Annual Report
Appendix C
Outstanding SBLF & SLRF Balances by District
This table provides outstanding School Bond Loan Fund (SBLF) and State Loan Revolving Fund (SLRF) balances by school district. The table identifies each district's outstanding borrowing and repaying status for the reporting period.
As of the reporting date, the total outstanding balances were approximately $999.5 million, $1.09 billion, and $1.18 billion across the reporting categories shown in the table. The number of districts with outstanding balances was 122, 113, and 111, respectively. These totals provide a statewide summary of remaining SBLF and SLRF obligations, while the table below provides district-level detail.
|
District |
Years in Fund |
2023 |
2024 |
2025 |
2025 Status |
|---|---|---|---|---|---|
|
Adams Twp |
31 |
$1,905,596.22 |
$1,862,781.55 |
$1,633,479.44 |
Repaying |
|
Allegan |
13 |
$781,101.81 |
$1,356,959.76 |
$1,417,691.17 |
Borrowing |
|
Allen Park |
22 |
$1,059,045.60 |
$2,628,249.24 |
$3,402,184.71 |
Borrowing |
|
Allendale |
18 |
$19,729,513.21 |
$19,673,005.54 |
$18,697,365.44 |
Repaying |
|
Alma |
21 |
$2,337,027.17 |
$1,403,398.35 |
$651,293.86 |
Repaying |
|
Anchor Bay |
29 |
$22,060,795.16 |
$19,366,599.58 |
$14,837,281.68 |
Repaying |
|
Armada |
29 |
$6,577,026.08 |
$6,867,799.49 |
$7,286,687.87 |
Repaying |
|
Ashley |
29 |
$1,646,657.45 |
$1,484,279.34 |
$1,291,292.20 |
Repaying |
|
Bath |
51 |
$292,985.05 |
$590.66 |
$0.00 |
Paid |
|
Beecher |
12 |
$575,226.93 |
$401,911.41 |
$269,820.26 |
Repaying |
|
Belding |
15 |
$5,518,242.67 |
$6,899,172.12 |
$8,257,654.44 |
Borrowing |
|
Bellevue |
18 |
$5,707,814.59 |
$6,179,721.70 |
$5,940,191.13 |
Borrowing |
|
Bendle |
20 |
$544,210.31 |
$596,515.15 |
$623,213.35 |
Repaying |
|
Bloomingdale |
24 |
$4,203,365.95 |
$4,218,628.44 |
$4,407,319.25 |
Repaying |
|
Brandon |
30 |
$830,971.90 |
$1,389,493.71 |
$2,092,856.82 |
Borrowing |
|
Britton Deerfield |
2 |
$331,491.99 |
$0.00 |
$0.00 |
Paid |
|
Bullock Creek |
5 |
$133,020.94 |
$0.00 |
$0.00 |
Paid |
|
Byron Center |
13 |
$13,870,977.49 |
$17,139,702.46 |
$18,374,999.35 |
Repaying |
|
Caledonia |
13 |
$11,902,739.93 |
$15,274,867.47 |
$16,931,969.90 |
Borrowing |
|
Carrollton |
30 |
$2,607,605.78 |
$2,292,798.58 |
$1,874,285.10 |
Repaying |
|
Cedar Springs |
31 |
$2,133,113.98 |
$2,230,111.07 |
$2,507,765.91 |
Borrowing |
|
Charlotte |
15 |
$10,911,247.96 |
$14,506,393.05 |
$17,797,923.32 |
Borrowing |
|
Chippewa Valy |
59 |
$35,365,032.69 |
$36,925,096.63 |
$37,290,273.60 |
Repaying |
|
Clarkston |
28 |
$6,056,892.66 |
$1,889,766.50 |
$1,974,887.03 |
Borrowing |
|
Clawson |
11 |
$653,041.03 |
$710,222.62 |
$1,283,829.56 |
Borrowing |
|
Climax-Scotts |
2 |
$0.00 |
$0.00 |
$333,712.27 |
Borrowing |
|
Clintondale |
60 |
$21,092,437.99 |
$21,319,988.66 |
$20,472,495.72 |
Repaying |
|
Comstock Park |
34 |
$10,951,931.04 |
$10,977,266.61 |
$9,950,229.34 |
Repaying |
|
Coopersville |
19 |
$13,510,331.72 |
$14,645,450.06 |
$15,534,467.50 |
Borrowing |
|
Dansville |
9 |
$698,786.64 |
$442,097.63 |
$144,983.84 |
Repaying |
|
Decatur |
15 |
$4,214,954.01 |
$5,035,635.82 |
$6,283,290.35 |
Borrowing |
|
Detroit |
15 |
$279,446,577.57 |
$348,477,386.53 |
$417,445,765.42 |
Borrowing |
|
DeWitt |
13 |
$513,903.08 |
$521,860.17 |
$211,493.77 |
Repaying |
|
Dexter |
27 |
$1,069.64 |
$1,116.82 |
$941.15 |
Borrowing |
|
Durand |
5 |
$1,640,418.56 |
$2,397,409.92 |
$3,201,295.33 |
Borrowing |
|
East G. Rapids |
25 |
$3,957,164.51 |
$2,555,916.58 |
$385,144.13 |
Repaying |
|
East Jackson |
11 |
$1,118,033.31 |
$1,233,696.01 |
$964,350.15 |
Borrowing |
|
Eaton Rapids |
14 |
$2,409,436.81 |
$2,515,695.28 |
$2,628,255.90 |
Borrowing |
|
Ecorse |
28 |
$3,216,705.14 |
$10,285,505.88 |
$17,441,909.78 |
Borrowing |
|
Ferndale |
13 |
$3,665.14 |
$3,826.78 |
$337,451.51 |
Repaying |
|
Flat Rock |
30 |
$6,043,942.33 |
$7,810,335.32 |
$7,630,144.12 |
Repaying |
|
Fowlerville |
45 |
$17,094,804.84 |
$18,543,734.02 |
$19,373,482.21 |
Borrowing |
|
Fraser |
14 |
$6,856,626.95 |
$8,803,687.67 |
$10,939,357.96 |
Borrowing |
|
Fremont |
15 |
$3,649,300.51 |
$2,647,906.36 |
$832,286.22 |
Repaying |
|
Genesee |
37 |
$3,269,236.83 |
$3,404,570.22 |
$3,532,766.16 |
Repaying |
|
Gobles |
23 |
$519,733.31 |
$416,937.91 |
$435,717.38 |
Borrowing |
|
Godfrey-Lee |
28 |
$702,365.53 |
$1,246,488.12 |
$1,798,663.27 |
Borrowing |
|
Goodrich |
15 |
$4,988,811.36 |
$5,801,095.56 |
$5,371,352.99 |
Repaying |
|
Grass Lake |
24 |
$6,292,833.03 |
$5,849,570.29 |
$4,879,917.82 |
Repaying |
|
Harper Creek |
24 |
$12,864,318.56 |
$14,182,449.31 |
$15,020,430.12 |
Borrowing |
|
Harper Woods |
20 |
$6,795,599.70 |
$9,554,955.57 |
$10,972,103.33 |
Borrowing |
|
Hartland |
54 |
$10,427,948.06 |
$10,007,528.27 |
$8,442,877.91 |
Repaying |
|
Haslett |
58 |
$14,752,001.42 |
$14,227,655.09 |
$11,634,024.00 |
Repaying |
|
Hesperia |
17 |
$5,208,157.88 |
$5,438,078.69 |
$5,640,676.84 |
Repaying |
|
Holton |
19 |
$2,324,368.01 |
$2,538,530.26 |
$2,711,938.61 |
Repaying |
|
Homer |
14 |
$2,267,174.08 |
$2,921,928.63 |
$3,257,445.28 |
Borrowing |
|
Hopkins |
28 |
$413,057.46 |
$2,870.35 |
$0.00 |
Paid |
|
Houghton-Port |
38 |
$5,078,785.56 |
$5,724,003.72 |
$6,296,184.22 |
Borrowing |
|
Hudsonville |
14 |
$24,777,138.64 |
$28,372,429.38 |
$30,190,966.89 |
Borrowing |
|
Huron |
14 |
$3,027,415.65 |
$3,160,952.53 |
$2,531,611.23 |
Repaying |
|
Inkster |
60 |
$11,667,069.28 |
$0.00 |
$0.00 |
Paid |
|
Ionia |
38 |
$1,833,024.03 |
$1,424,863.16 |
$686,815.84 |
Repaying |
|
Jonesville |
26 |
$3,313,631.20 |
$3,601,569.79 |
$3,860,691.48 |
Borrowing |
|
Kent City |
27 |
$1,254,087.73 |
$1,442,998.59 |
$1,407,293.33 |
Repaying |
|
L'Anse Creuse |
20 |
$25,805,439.62 |
$24,939,308.59 |
$23,215,800.76 |
Borrowing |
|
Laingsburg |
34 |
$2,085,638.55 |
$1,945,584.32 |
$2,033,330.63 |
Borrowing |
|
Lake Orion |
25 |
$2,625,962.09 |
$2,742,162.75 |
$475,481.87 |
Paid |
|
Lake Shore |
9 |
$7,127,466.91 |
$7,282,413.76 |
$6,857,281.18 |
Repaying |
|
Lakeview Co13 |
9 |
$3,391,832.46 |
$3,816,739.68 |
$5,101,627.21 |
Borrowing |
|
Lincoln |
15 |
$7,024,688.99 |
$10,119,879.26 |
$14,439,993.24 |
Borrowing |
|
Manchester |
24 |
$3,365,164.52 |
$1,745,887.36 |
$1,949,950.86 |
Borrowing |
|
Martin |
9 |
$1,190,962.12 |
$1,103,922.13 |
$1,153,625.00 |
Borrowing |
|
Marysville |
18 |
$14,848,057.36 |
$16,582,759.09 |
$17,802,792.98 |
Borrowing |
|
Mattawan |
5 |
$332,307.10 |
$0.00 |
$0.00 |
Borrowing |
|
Mendon |
21 |
$47,105.97 |
$51,724.45 |
$54,038.85 |
Borrowing |
|
Meridian |
7 |
$2,639,767.90 |
$3,574,813.94 |
$4,239,942.35 |
Borrowing |
|
Milan |
26 |
$40,905,935.57 |
$41,943,470.82 |
$42,361,036.66 |
Repaying |
|
Montague |
28 |
$7,212,539.55 |
$6,979,353.24 |
$7,444,796.18 |
Borrowing |
|
Montrose |
15 |
$2,019,574.16 |
$2,454,245.65 |
$3,966,695.20 |
Borrowing |
|
Morenci |
14 |
$1,599,157.72 |
$1,669,682.88 |
$1,207,927.11 |
Borrowing |
|
Morrice |
15 |
$1,065,021.87 |
$1,203,318.29 |
$1,777,999.23 |
Borrowing |
|
Mt Clemens |
23 |
$12,693,314.69 |
$10,290,226.84 |
$7,710,003.33 |
Repaying |
|
MuskegonHeights |
26 |
$9,285,738.78 |
$0.00 |
$0.00 |
Paid |
|
New Haven |
20 |
$12,593,511.45 |
$16,196,737.27 |
$19,582,965.09 |
Borrowing |
|
New Lothrop |
17 |
$144,306.51 |
$0.00 |
$0.00 |
Paid |
|
North Branch |
33 |
$9,122,415.42 |
$12,153,773.75 |
$12,903,357.42 |
Repaying |
|
North Muskegon |
22 |
$2,983,425.56 |
$3,060,335.02 |
$3,369,261.71 |
Borrowing |
|
Oakridge |
27 |
$1,155,825.83 |
$1,206,804.33 |
$1,260,800.79 |
Borrowing |
|
Olivet |
34 |
$667.81 |
$0.00 |
$0.00 |
Paid |
|
Orchard View |
22 |
$6,924,166.37 |
$7,303,131.75 |
$7,631,719.00 |
Borrowing |
|
Otsego |
21 |
$12,452,963.50 |
$21,349,170.95 |
$24,203,747.55 |
Borrowing |
|
Ovid-Elsie |
13 |
$4,604,452.34 |
$6,368,062.99 |
$7,950,048.52 |
Borrowing |
|
Oxford |
30 |
$8,600,497.79 |
$9,468,370.82 |
$9,892,157.30 |
Repaying |
|
Parchment |
18 |
$6,174,752.94 |
$7,764,094.43 |
$9,099,467.51 |
Borrowing |
|
Paw Paw |
30 |
$1,062.28 |
$351,748.19 |
$1,520,926.85 |
Borrowing |
|
Pennfield |
21 |
$1,442,238.32 |
$1,845,398.08 |
$2,228,327.10 |
Borrowing |
|
Perry |
34 |
$5,603,610.91 |
$5,998,212.90 |
$6,393,834.77 |
Borrowing |
|
Pinckney |
16 |
$10,513,314.03 |
$12,630,277.40 |
$10,462,562.14 |
Repaying |
|
Plainwell |
23 |
$10,772,406.57 |
$11,186,001.37 |
$8,704,746.26 |
Repaying |
|
Portland |
24 |
$341,004.10 |
$800,858.04 |
$924,665.46 |
Repaying |
|
Potterville |
25 |
$181,468.75 |
$239,005.86 |
$326,613.32 |
Repaying |
|
Ravenna |
17 |
$5,538,827.74 |
$6,638,973.27 |
$7,632,143.03 |
Borrowing |
|
Reeths-Puffer |
30 |
$18,101,344.76 |
$18,758,523.18 |
$18,691,865.22 |
Repaying |
|
Romulus |
13 |
$4,653,714.53 |
$2,278,754.95 |
$0.00 |
Paid |
|
Roseville |
6 |
$570,966.52 |
$0.00 |
$0.00 |
Paid |
|
Saline |
25 |
$7,842,682.80 |
$7,077,917.25 |
$5,512,167.77 |
Repaying |
|
Saranac |
36 |
$713,781.78 |
$519,887.80 |
$609,087.62 |
Borrowing |
|
Schoolcraft |
5 |
$703,466.32 |
$1,049,281.29 |
$1,257,571.99 |
Repaying |
|
Shepherd |
17 |
$16,859,048.08 |
$16,528,082.38 |
$16,032,931.97 |
Repaying |
|
Sparta |
7 |
$2,168,402.94 |
$3,025,756.41 |
$3,311,704.95 |
Borrowing |
|
St Johns |
15 |
$1,393,789.25 |
$1,748,753.51 |
$1,144,682.81 |
Repaying |
|
Sturgis |
25 |
$2,356,409.22 |
$2,060,411.19 |
$1,877,505.70 |
Repaying |
|
Thornpple Kel |
29 |
$5,608,243.91 |
$6,256,471.92 |
$5,266,932.77 |
Repaying |
|
Trenton |
6 |
$1,333,751.75 |
$1,392,588.16 |
$998,131.52 |
Repaying |
|
Vestaburg |
16 |
$857,926.83 |
$971,434.68 |
$1,922,088.63 |
Borrowing |
|
Wayland Union |
31 |
$3,766,746.05 |
$3,373,118.28 |
$3,258,491.01 |
Repaying |
|
Webberville |
36 |
$1,154,758.66 |
$1,642,786.57 |
$1,948,694.59 |
Borrowing |
|
Western |
13 |
$2,407,156.89 |
$4,614,933.89 |
$7,206,205.87 |
Borrowing |
|
White Cloud |
24 |
$586,415.95 |
$612,279.36 |
$170,212.57 |
Repaying |
|
WhitmoreLake |
22 |
$6,822,792.46 |
$8,160,769.91 |
$9,146,236.61 |
Borrowing |
|
Williamston |
29 |
$1,164,084.67 |
$2,272,604.54 |
$2,805,936.19 |
Borrowing |
|
Willow Run |
40 |
$18,626,002.50 |
$0.00 |
$0.00 |
Paid |
|
Woodhaven |
12 |
$1,465,538.92 |
$2,452,804.51 |
$3,076,890.40 |
Borrowing |