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IL Regular Public School District 1 Schools

Armstrong Twp HSD 225

Armstrong, IL 61812 • Vermilion County • 1 Operating Schools
(217) 569-2122

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 114 students
Census F-33 • FY 2024
Total Revenue
$3,622,000
Total Expenditure
$3,622,000
Classroom Instruction
$1,596,000
Outstanding Debt
$2,102,000

Revenue Sources

State Government Funds: $1,112,000 (30.7%) Local Taxes & Fees: $2,420,000 (66.8%) Federal Aid: $90,000 (2.5%)
State Government Funds $1,112,000 30.7%
Local Taxes & Fees $2,420,000 66.8%
Federal Aid $90,000 2.5%
Total Revenue $3,622,000 100.0%

Expenditure Allocation

Classroom Instruction: $1,596,000 (44.1%) Support Services: $1,176,000 (32.5%) Capital Outlays: $684,000 (18.9%) Other / Operations: $166,000 (4.6%)
Classroom Instruction $1,596,000 44.1%
Support Services $1,176,000 32.5%
Capital Outlays $684,000 18.9%
Other / Operations $166,000 4.6%
Total Expenditure $3,622,000 100.0%

Financial Comparison & Trends Chart

$0$10,500$21,000$31,500$42,000FY 2020 Revenue/Student: $17,971$17,971FY 2020 Expenditure/Student: $17,424$17,424FY 2020139 stdsFY 2021 Revenue/Student: $32,486$32,486FY 2021 Expenditure/Student: $25,761$25,761FY 2021138 stdsFY 2022 Revenue/Student: $24,691$24,691FY 2022 Expenditure/Student: $28,449$28,449FY 2022136 stdsFY 2023 Revenue/Student: $28,563$28,563FY 2023 Expenditure/Student: $35,719$35,719FY 2023135 stdsFY 2024 Revenue/Student: $31,772$31,772FY 2024 Expenditure/Student: $31,772$31,772FY 2024114 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $35,719

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 114 $3,622,000 $3,622,000 $1,596,000 $684,000 $2,102,000
FY 2023 135 $3,856,000 $4,822,000 $1,672,000 $1,827,000 $1,416,000
FY 2022 136 $3,358,000 $3,869,000 $1,432,000 $1,291,000 $1,353,000
FY 2021 138 $4,483,000 $3,555,000 $2,026,000 $58,000 $418,000
FY 2020 139 $2,498,000 $2,422,000 $1,293,000 $114,000 $515,000