IA
Regular Public School District
2 Schools
Colfax-Mingo Comm School District
Colfax, IA 50054
•
Jasper County
•
2 Operating Schools
(515) 674-3646
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 715 students
Total Revenue
$13,224,000
Total Expenditure
$13,314,000
Classroom Instruction
$6,275,000
Outstanding Debt
$16,875,000
Revenue Sources
| State Government Funds | $6,496,000 | 49.1% | |
| Local Taxes & Fees | $5,892,000 | 44.6% | |
| Federal Aid | $836,000 | 6.3% | |
| Total Revenue | $13,224,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $6,275,000 | 47.1% | |
| Support Services | $3,880,000 | 29.1% | |
| Capital Outlays | $1,171,000 | 8.8% | |
| Other / Operations | $1,988,000 | 14.9% | |
| Total Expenditure | $13,314,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $25,766
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 715 | $13,224,000 | $13,314,000 | $6,275,000 | $1,171,000 | $16,875,000 |
| FY 2023 | 724 | $13,336,000 | $18,632,000 | $5,884,000 | $7,269,000 | $17,890,000 |
| FY 2022 | 738 | $13,367,000 | $19,015,000 | $6,040,000 | $8,035,000 | $17,150,000 |
| FY 2021 | 730 | $12,277,000 | $13,873,000 | $5,661,000 | $4,004,000 | $8,440,000 |
| FY 2020 | 751 | $11,617,000 | $11,153,000 | $5,410,000 | $1,943,000 | $9,450,000 |