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IA Regular Public School District 2 Schools

Adair-Casey Comm School District

Adair, IA 50002 • Guthrie County • 2 Operating Schools
(641) 746-2241
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 245 students
Census F-33 • FY 2024
Total Revenue
$6,567,000
Total Expenditure
$5,247,000
Classroom Instruction
$2,312,000
Outstanding Debt
$267,000

Revenue Sources

State Government Funds: $2,748,000 (41.8%) Local Taxes & Fees: $3,430,000 (52.2%) Federal Aid: $389,000 (5.9%)
State Government Funds $2,748,000 41.8%
Local Taxes & Fees $3,430,000 52.2%
Federal Aid $389,000 5.9%
Total Revenue $6,567,000 100.0%

Expenditure Allocation

Classroom Instruction: $2,312,000 (44.1%) Support Services: $1,328,000 (25.3%) Capital Outlays: $356,000 (6.8%) Other / Operations: $1,251,000 (23.8%)
Classroom Instruction $2,312,000 44.1%
Support Services $1,328,000 25.3%
Capital Outlays $356,000 6.8%
Other / Operations $1,251,000 23.8%
Total Expenditure $5,247,000 100.0%

Financial Comparison & Trends Chart

$0$7,750$15,500$23,250$31,000FY 2020 Revenue/Student: $21,591$21,591FY 2020 Expenditure/Student: $17,668$17,668FY 2020259 stdsFY 2021 Revenue/Student: $22,738$22,738FY 2021 Expenditure/Student: $18,773$18,773FY 2021260 stdsFY 2022 Revenue/Student: $22,269$22,269FY 2022 Expenditure/Student: $19,830$19,830FY 2022264 stdsFY 2023 Revenue/Student: $22,491$22,491FY 2023 Expenditure/Student: $22,295$22,295FY 2023271 stdsFY 2024 Revenue/Student: $26,804$26,804FY 2024 Expenditure/Student: $21,416$21,416FY 2024245 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $26,804

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 245 $6,567,000 $5,247,000 $2,312,000 $356,000 $267,000
FY 2023 271 $6,095,000 $6,042,000 $2,560,000 $451,000 $0
FY 2022 264 $5,879,000 $5,235,000 $1,932,000 $787,000 $115,000
FY 2021 260 $5,912,000 $4,881,000 $1,939,000 $536,000 $227,000
FY 2020 259 $5,592,000 $4,576,000 $1,941,000 $278,000 $336,000