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IN Regular Public School District 7 Schools

East Noble School Corporation

Kendallville, IN 46755 • Noble County • 7 Operating Schools
(260) 347-2502
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 3,373 students
Census F-33 • FY 2024
Total Revenue
$52,009,000
Total Expenditure
$52,434,000
Classroom Instruction
$25,344,000
Outstanding Debt
$27,745,000

Revenue Sources

State Government Funds: $31,922,000 (61.4%) Local Taxes & Fees: $14,925,000 (28.7%) Federal Aid: $5,162,000 (9.9%)
State Government Funds $31,922,000 61.4%
Local Taxes & Fees $14,925,000 28.7%
Federal Aid $5,162,000 9.9%
Total Revenue $52,009,000 100.0%

Expenditure Allocation

Classroom Instruction: $25,344,000 (48.3%) Support Services: $16,104,000 (30.7%) Capital Outlays: $8,451,000 (16.1%) Other / Operations: $2,535,000 (4.8%)
Classroom Instruction $25,344,000 48.3%
Support Services $16,104,000 30.7%
Capital Outlays $8,451,000 16.1%
Other / Operations $2,535,000 4.8%
Total Expenditure $52,434,000 100.0%

Financial Comparison & Trends Chart

$0$4,500$9,000$13,500$18,000FY 2020 Revenue/Student: $12,597$12,597FY 2020 Expenditure/Student: $12,134$12,134FY 20203,564 stdsFY 2021 Revenue/Student: $13,450$13,450FY 2021 Expenditure/Student: $13,573$13,573FY 20213,480 stdsFY 2022 Revenue/Student: $13,716$13,716FY 2022 Expenditure/Student: $14,379$14,379FY 20223,450 stdsFY 2023 Revenue/Student: $13,249$13,249FY 2023 Expenditure/Student: $12,817$12,817FY 20233,417 stdsFY 2024 Revenue/Student: $15,419$15,419FY 2024 Expenditure/Student: $15,545$15,545FY 20243,373 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $15,545

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 3,373 $52,009,000 $52,434,000 $25,344,000 $8,451,000 $27,745,000
FY 2023 3,417 $45,272,000 $43,795,000 $20,607,000 $7,186,000 $31,850,000
FY 2022 3,450 $47,321,000 $49,608,000 $23,239,000 $9,880,000 $37,595,000
FY 2021 3,480 $46,806,000 $47,233,000 $22,823,000 $8,076,000 $39,560,000
FY 2020 3,564 $44,897,000 $43,244,000 $22,426,000 $6,006,000 $38,295,000