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AR Regular Public School District 2 Schools

ARMOREL SCHOOL DISTRICT

BLYTHEVILLE, AR 72315 • Mississippi County • 2 Operating Schools
(870) 763-6639

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 395 students
Census F-33 • FY 2024
Total Revenue
$12,153,000
Total Expenditure
$7,660,000
Classroom Instruction
$3,783,000
Outstanding Debt
$5,490,000

Revenue Sources

State Government Funds: $5,753,000 (47.3%) Local Taxes & Fees: $5,947,000 (48.9%) Federal Aid: $453,000 (3.7%)
State Government Funds $5,753,000 47.3%
Local Taxes & Fees $5,947,000 48.9%
Federal Aid $453,000 3.7%
Total Revenue $12,153,000 100.0%

Expenditure Allocation

Classroom Instruction: $3,783,000 (49.4%) Support Services: $2,833,000 (37%) Capital Outlays: $650,000 (8.5%) Other / Operations: $394,000 (5.1%)
Classroom Instruction $3,783,000 49.4%
Support Services $2,833,000 37%
Capital Outlays $650,000 8.5%
Other / Operations $394,000 5.1%
Total Expenditure $7,660,000 100.0%

Financial Comparison & Trends Chart

$0$9,000$18,000$27,000$36,000FY 2020 Revenue/Student: $15,600$15,600FY 2020 Expenditure/Student: $24,303$24,303FY 2020423 stdsFY 2021 Revenue/Student: $18,185$18,185FY 2021 Expenditure/Student: $15,703$15,703FY 2021421 stdsFY 2022 Revenue/Student: $23,754$23,754FY 2022 Expenditure/Student: $14,841$14,841FY 2022427 stdsFY 2023 Revenue/Student: $21,031$21,031FY 2023 Expenditure/Student: $14,724$14,724FY 2023416 stdsFY 2024 Revenue/Student: $30,767$30,767FY 2024 Expenditure/Student: $19,392$19,392FY 2024395 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $30,767

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 395 $12,153,000 $7,660,000 $3,783,000 $650,000 $5,490,000
FY 2023 416 $8,749,000 $6,125,000 $3,508,000 $269,000 $6,646,000
FY 2022 427 $10,143,000 $6,337,000 $3,117,000 $121,000 $6,377,000
FY 2021 421 $7,656,000 $6,611,000 $3,021,000 $1,285,000 $6,218,000
FY 2020 423 $6,599,000 $10,280,000 $3,237,000 $4,914,000 $6,180,000