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KY Regular Public School District 9 Schools

Corbin Independent

Corbin, KY 40701 • Whitley County • 9 Operating Schools
(606) 528-1303
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 3,007 students
Census F-33 • FY 2024
Total Revenue
$46,606,000
Total Expenditure
$54,209,000
Classroom Instruction
$24,998,000
Outstanding Debt
$58,863,000

Revenue Sources

State Government Funds: $32,054,000 (68.8%) Local Taxes & Fees: $7,264,000 (15.6%) Federal Aid: $7,288,000 (15.6%)
State Government Funds $32,054,000 68.8%
Local Taxes & Fees $7,264,000 15.6%
Federal Aid $7,288,000 15.6%
Total Revenue $46,606,000 100.0%

Expenditure Allocation

Classroom Instruction: $24,998,000 (46.1%) Support Services: $9,703,000 (17.9%) Capital Outlays: $13,043,000 (24.1%) Other / Operations: $6,465,000 (11.9%)
Classroom Instruction $24,998,000 46.1%
Support Services $9,703,000 17.9%
Capital Outlays $13,043,000 24.1%
Other / Operations $6,465,000 11.9%
Total Expenditure $54,209,000 100.0%

Financial Comparison & Trends Chart

$0$5,250$10,500$15,750$21,000FY 2020 Revenue/Student: $12,039$12,039FY 2020 Expenditure/Student: $11,609$11,609FY 20203,093 stdsFY 2021 Revenue/Student: $13,953$13,953FY 2021 Expenditure/Student: $12,446$12,446FY 20212,875 stdsFY 2022 Revenue/Student: $14,734$14,734FY 2022 Expenditure/Student: $13,827$13,827FY 20222,925 stdsFY 2023 Revenue/Student: $14,762$14,762FY 2023 Expenditure/Student: $16,366$16,366FY 20233,027 stdsFY 2024 Revenue/Student: $15,499$15,499FY 2024 Expenditure/Student: $18,028$18,028FY 20243,007 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $18,028

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 3,007 $46,606,000 $54,209,000 $24,998,000 $13,043,000 $58,863,000
FY 2023 3,027 $44,684,000 $49,540,000 $25,147,000 $9,672,000 $60,634,000
FY 2022 2,925 $43,096,000 $40,445,000 $22,435,000 $4,432,000 $50,465,000
FY 2021 2,875 $40,114,000 $35,781,000 $20,790,000 $1,932,000 $53,258,000
FY 2020 3,093 $37,238,000 $35,907,000 $21,091,000 $2,043,000 $55,006,000