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IN Regular Public School District 2 Schools

Cowan Community School Corp

Muncie, IN 47302 • Delaware County • 2 Operating Schools
(765) 289-4866
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 786 students
Census F-33 • FY 2024
Total Revenue
$11,134,000
Total Expenditure
$10,674,000
Classroom Instruction
$5,079,000
Outstanding Debt
$1,622,000

Revenue Sources

State Government Funds: $7,481,000 (67.2%) Local Taxes & Fees: $2,654,000 (23.8%) Federal Aid: $999,000 (9%)
State Government Funds $7,481,000 67.2%
Local Taxes & Fees $2,654,000 23.8%
Federal Aid $999,000 9%
Total Revenue $11,134,000 100.0%

Expenditure Allocation

Classroom Instruction: $5,079,000 (47.6%) Support Services: $3,762,000 (35.2%) Capital Outlays: $980,000 (9.2%) Other / Operations: $853,000 (8%)
Classroom Instruction $5,079,000 47.6%
Support Services $3,762,000 35.2%
Capital Outlays $980,000 9.2%
Other / Operations $853,000 8%
Total Expenditure $10,674,000 100.0%

Financial Comparison & Trends Chart

$0$4,250$8,500$12,750$17,000FY 2020 Revenue/Student: $11,157$11,157FY 2020 Expenditure/Student: $11,086$11,086FY 2020804 stdsFY 2021 Revenue/Student: $11,980$11,980FY 2021 Expenditure/Student: $10,694$10,694FY 2021805 stdsFY 2022 Revenue/Student: $12,183$12,183FY 2022 Expenditure/Student: $10,964$10,964FY 2022814 stdsFY 2023 Revenue/Student: $13,547$13,547FY 2023 Expenditure/Student: $12,201$12,201FY 2023791 stdsFY 2024 Revenue/Student: $14,165$14,165FY 2024 Expenditure/Student: $13,580$13,580FY 2024786 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $14,165

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 786 $11,134,000 $10,674,000 $5,079,000 $980,000 $1,622,000
FY 2023 791 $10,716,000 $9,651,000 $4,885,000 $327,000 $1,270,000
FY 2022 814 $9,917,000 $8,925,000 $4,472,000 $368,000 $2,010,000
FY 2021 805 $9,644,000 $8,609,000 $4,386,000 $261,000 $2,241,000
FY 2020 804 $8,970,000 $8,913,000 $4,195,000 $960,000 $2,743,000