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MS Regular Public School District 3 Schools

Corinth School District

CORINTH, MS 38834 • Alcorn County • 3 Operating Schools
(662) 287-2425
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 2,452 students
Census F-33 • FY 2024
Total Revenue
$36,423,000
Total Expenditure
$32,880,000
Classroom Instruction
$17,170,000
Outstanding Debt
$16,068,000

Revenue Sources

State Government Funds: $16,112,000 (44.2%) Local Taxes & Fees: $8,286,000 (22.7%) Federal Aid: $12,025,000 (33%)
State Government Funds $16,112,000 44.2%
Local Taxes & Fees $8,286,000 22.7%
Federal Aid $12,025,000 33%
Total Revenue $36,423,000 100.0%

Expenditure Allocation

Classroom Instruction: $17,170,000 (52.2%) Support Services: $7,700,000 (23.4%) Capital Outlays: $5,936,000 (18.1%) Other / Operations: $2,074,000 (6.3%)
Classroom Instruction $17,170,000 52.2%
Support Services $7,700,000 23.4%
Capital Outlays $5,936,000 18.1%
Other / Operations $2,074,000 6.3%
Total Expenditure $32,880,000 100.0%

Financial Comparison & Trends Chart

$0$4,500$9,000$13,500$18,000FY 2020 Revenue/Student: $9,285$9,285FY 2020 Expenditure/Student: $9,023$9,023FY 20202,678 stdsFY 2021 Revenue/Student: $10,953$10,953FY 2021 Expenditure/Student: $10,547$10,547FY 20212,522 stdsFY 2022 Revenue/Student: $11,293$11,293FY 2022 Expenditure/Student: $9,684$9,684FY 20222,501 stdsFY 2023 Revenue/Student: $12,388$12,388FY 2023 Expenditure/Student: $11,416$11,416FY 20232,490 stdsFY 2024 Revenue/Student: $14,854$14,854FY 2024 Expenditure/Student: $13,409$13,409FY 20242,452 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $14,854

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 2,452 $36,423,000 $32,880,000 $17,170,000 $5,936,000 $16,068,000
FY 2023 2,490 $30,845,000 $28,426,000 $16,569,000 $2,445,000 $16,540,000
FY 2022 2,501 $28,244,000 $24,220,000 $14,150,000 $1,226,000 $16,892,000
FY 2021 2,522 $27,624,000 $26,599,000 $13,879,000 $4,296,000 $14,960,000
FY 2020 2,678 $24,865,000 $24,164,000 $14,335,000 $1,590,000 $15,725,000