Skip to main content
IA Regular Public School District 2 Schools

Corning Comm School District

Corning, IA 50841 • Adams County • 2 Operating Schools
(641) 322-4242
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 405 students
Census F-33 • FY 2024
Total Revenue
$9,650,000
Total Expenditure
$11,816,000
Classroom Instruction
$3,779,000
Outstanding Debt
$18,763,000

Revenue Sources

State Government Funds: $2,687,000 (27.8%) Local Taxes & Fees: $6,313,000 (65.4%) Federal Aid: $650,000 (6.7%)
State Government Funds $2,687,000 27.8%
Local Taxes & Fees $6,313,000 65.4%
Federal Aid $650,000 6.7%
Total Revenue $9,650,000 100.0%

Expenditure Allocation

Classroom Instruction: $3,779,000 (32%) Support Services: $2,211,000 (18.7%) Capital Outlays: $4,120,000 (34.9%) Other / Operations: $1,706,000 (14.4%)
Classroom Instruction $3,779,000 32%
Support Services $2,211,000 18.7%
Capital Outlays $4,120,000 34.9%
Other / Operations $1,706,000 14.4%
Total Expenditure $11,816,000 100.0%

Financial Comparison & Trends Chart

$0$8,500$17,000$25,500$34,000FY 2020 Revenue/Student: $21,752$21,752FY 2020 Expenditure/Student: $19,719$19,719FY 2020399 stdsFY 2021 Revenue/Student: $23,438$23,438FY 2021 Expenditure/Student: $18,645$18,645FY 2021420 stdsFY 2022 Revenue/Student: $22,427$22,427FY 2022 Expenditure/Student: $19,200$19,200FY 2022431 stdsFY 2023 Revenue/Student: $22,874$22,874FY 2023 Expenditure/Student: $20,421$20,421FY 2023420 stdsFY 2024 Revenue/Student: $23,827$23,827FY 2024 Expenditure/Student: $29,175$29,175FY 2024405 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $29,175

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 405 $9,650,000 $11,816,000 $3,779,000 $4,120,000 $18,763,000
FY 2023 420 $9,607,000 $8,577,000 $3,765,000 $946,000 $2,820,000
FY 2022 431 $9,666,000 $8,275,000 $3,831,000 $616,000 $3,206,000
FY 2021 420 $9,844,000 $7,831,000 $3,573,000 $568,000 $3,603,000
FY 2020 399 $8,679,000 $7,868,000 $3,536,000 $653,000 $4,260,000