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ME Regular Public School District 10 Schools

Bangor Public Schools

Bangor, ME 04401 • Penobscot County • 10 Operating Schools
(207) 262-9125
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 3,434 students
Census F-33 • FY 2024
Total Revenue
$74,173,000
Total Expenditure
$73,851,000
Classroom Instruction
$37,820,000
Outstanding Debt
$823,000

Revenue Sources

State Government Funds: $30,581,000 (41.2%) Local Taxes & Fees: $28,979,000 (39.1%) Federal Aid: $14,613,000 (19.7%)
State Government Funds $30,581,000 41.2%
Local Taxes & Fees $28,979,000 39.1%
Federal Aid $14,613,000 19.7%
Total Revenue $74,173,000 100.0%

Expenditure Allocation

Classroom Instruction: $37,820,000 (51.2%) Support Services: $31,906,000 (43.2%) Capital Outlays: $233,000 (0.3%) Other / Operations: $3,892,000 (5.3%)
Classroom Instruction $37,820,000 51.2%
Support Services $31,906,000 43.2%
Capital Outlays $233,000 0.3%
Other / Operations $3,892,000 5.3%
Total Expenditure $73,851,000 100.0%

Financial Comparison & Trends Chart

$0$6,250$12,500$18,750$25,000FY 2020 Revenue/Student: $15,114$15,114FY 2020 Expenditure/Student: $14,308$14,308FY 20203,685 stdsFY 2021 Revenue/Student: $18,373$18,373FY 2021 Expenditure/Student: $18,236$18,236FY 20213,468 stdsFY 2022 Revenue/Student: $17,345$17,345FY 2022 Expenditure/Student: $16,978$16,978FY 20223,494 stdsFY 2023 Revenue/Student: $18,248$18,248FY 2023 Expenditure/Student: $18,287$18,287FY 20233,454 stdsFY 2024 Revenue/Student: $21,600$21,600FY 2024 Expenditure/Student: $21,506$21,506FY 20243,434 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $21,600

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 3,434 $74,173,000 $73,851,000 $37,820,000 $233,000 $823,000
FY 2023 3,454 $63,030,000 $63,162,000 $35,743,000 $243,000 $104,000
FY 2022 3,494 $60,605,000 $59,321,000 $34,101,000 $213,000 $1,242,000
FY 2021 3,468 $63,718,000 $63,242,000 $33,145,000 $821,000 $387,000
FY 2020 3,685 $55,694,000 $52,726,000 $30,763,000 $79,000 $1,412,000