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OH Regular Public School District 3 Schools

Cardinal Local

Middlefield, OH 44062 • Geauga County • 3 Operating Schools
(440) 632-0261
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 757 students
Census F-33 • FY 2024
Total Revenue
$20,064,000
Total Expenditure
$18,023,000
Classroom Instruction
$8,533,000
Outstanding Debt
$4,508,000

Revenue Sources

State Government Funds: $3,906,000 (19.5%) Local Taxes & Fees: $13,078,000 (65.2%) Federal Aid: $3,080,000 (15.4%)
State Government Funds $3,906,000 19.5%
Local Taxes & Fees $13,078,000 65.2%
Federal Aid $3,080,000 15.4%
Total Revenue $20,064,000 100.0%

Expenditure Allocation

Classroom Instruction: $8,533,000 (47.3%) Support Services: $5,978,000 (33.2%) Capital Outlays: $1,541,000 (8.6%) Other / Operations: $1,971,000 (10.9%)
Classroom Instruction $8,533,000 47.3%
Support Services $5,978,000 33.2%
Capital Outlays $1,541,000 8.6%
Other / Operations $1,971,000 10.9%
Total Expenditure $18,023,000 100.0%

Financial Comparison & Trends Chart

$0$7,750$15,500$23,250$31,000FY 2020 Revenue/Student: $19,590$19,590FY 2020 Expenditure/Student: $19,123$19,123FY 2020902 stdsFY 2021 Revenue/Student: $20,580$20,580FY 2021 Expenditure/Student: $18,705$18,705FY 2021851 stdsFY 2022 Revenue/Student: $22,177$22,177FY 2022 Expenditure/Student: $17,794$17,794FY 2022824 stdsFY 2023 Revenue/Student: $24,880$24,880FY 2023 Expenditure/Student: $22,762$22,762FY 2023782 stdsFY 2024 Revenue/Student: $26,505$26,505FY 2024 Expenditure/Student: $23,808$23,808FY 2024757 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $26,505

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 757 $20,064,000 $18,023,000 $8,533,000 $1,541,000 $4,508,000
FY 2023 782 $19,456,000 $17,800,000 $8,863,000 $1,067,000 $5,573,000
FY 2022 824 $18,274,000 $14,662,000 $7,773,000 $192,000 $6,443,000
FY 2021 851 $17,514,000 $15,918,000 $8,033,000 $641,000 $7,645,000
FY 2020 902 $17,670,000 $17,249,000 $8,049,000 $1,590,000 $8,860,000