AR
Regular Public School District
3 Schools
CORNING SCHOOL DISTRICT
Corning, AR 72422
•
Clay County
•
3 Operating Schools
(870) 857-6818
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 794 students
Total Revenue
$12,843,000
Total Expenditure
$11,587,000
Classroom Instruction
$5,971,000
Outstanding Debt
$1,078,000
Revenue Sources
| State Government Funds | $8,199,000 | 63.8% | |
| Local Taxes & Fees | $2,185,000 | 17% | |
| Federal Aid | $2,459,000 | 19.1% | |
| Total Revenue | $12,843,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $5,971,000 | 51.5% | |
| Support Services | $3,992,000 | 34.5% | |
| Capital Outlays | $774,000 | 6.7% | |
| Other / Operations | $850,000 | 7.3% | |
| Total Expenditure | $11,587,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $16,175
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 794 | $12,843,000 | $11,587,000 | $5,971,000 | $774,000 | $1,078,000 |
| FY 2023 | 832 | $12,565,000 | $11,276,000 | $5,756,000 | $847,000 | $3,915,000 |
| FY 2022 | 864 | $11,029,000 | $10,188,000 | $5,259,000 | $248,000 | $3,590,000 |
| FY 2021 | 849 | $10,347,000 | $8,987,000 | $4,808,000 | $248,000 | $3,270,000 |
| FY 2020 | 895 | $10,650,000 | $9,077,000 | $4,610,000 | $227,000 | $2,960,000 |