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AR Regular Public School District 2 Schools

CUTTER MORNING STAR SCHOOL DISTRICT

Hot Springs, AR 71901 • Garland County • 2 Operating Schools
(501) 262-2414
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 661 students
Census F-33 • FY 2024
Total Revenue
$12,659,000
Total Expenditure
$11,308,000
Classroom Instruction
$4,801,000
Outstanding Debt
$17,890,000

Revenue Sources

State Government Funds: $7,622,000 (60.2%) Local Taxes & Fees: $1,559,000 (12.3%) Federal Aid: $3,478,000 (27.5%)
State Government Funds $7,622,000 60.2%
Local Taxes & Fees $1,559,000 12.3%
Federal Aid $3,478,000 27.5%
Total Revenue $12,659,000 100.0%

Expenditure Allocation

Classroom Instruction: $4,801,000 (42.5%) Support Services: $5,073,000 (44.9%) Capital Outlays: $370,000 (3.3%) Other / Operations: $1,064,000 (9.4%)
Classroom Instruction $4,801,000 42.5%
Support Services $5,073,000 44.9%
Capital Outlays $370,000 3.3%
Other / Operations $1,064,000 9.4%
Total Expenditure $11,308,000 100.0%

Financial Comparison & Trends Chart

$0$8,250$16,500$24,750$33,000FY 2020 Revenue/Student: $18,508$18,508FY 2020 Expenditure/Student: $27,899$27,899FY 2020695 stdsFY 2021 Revenue/Student: $15,100$15,100FY 2021 Expenditure/Student: $13,052$13,052FY 2021650 stdsFY 2022 Revenue/Student: $13,339$13,339FY 2022 Expenditure/Student: $13,844$13,844FY 2022691 stdsFY 2023 Revenue/Student: $15,457$15,457FY 2023 Expenditure/Student: $14,804$14,804FY 2023690 stdsFY 2024 Revenue/Student: $19,151$19,151FY 2024 Expenditure/Student: $17,107$17,107FY 2024661 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $27,899

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 661 $12,659,000 $11,308,000 $4,801,000 $370,000 $17,890,000
FY 2023 690 $10,665,000 $10,215,000 $4,771,000 $374,000 $15,720,000
FY 2022 691 $9,217,000 $9,566,000 $3,951,000 $383,000 $15,200,000
FY 2021 650 $9,815,000 $8,484,000 $3,572,000 $1,802,000 $17,030,000
FY 2020 695 $12,863,000 $19,390,000 $3,596,000 $12,543,000 $17,030,000