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AZ Specialized Public School District 50 Schools

East Valley Institute of Technology (4516)

MESA, AZ 85201 • Maricopa County • 50 Operating Schools
(480) 461-4000
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 306 students
Census F-33 • FY 2024
Total Revenue
$91,002,000
Total Expenditure
$72,189,000
Classroom Instruction
$20,548,000
Outstanding Debt
$0

Revenue Sources

State Government Funds: $60,526,000 (66.5%) Local Taxes & Fees: $23,422,000 (25.7%) Federal Aid: $7,054,000 (7.8%)
State Government Funds $60,526,000 66.5%
Local Taxes & Fees $23,422,000 25.7%
Federal Aid $7,054,000 7.8%
Total Revenue $91,002,000 100.0%

Expenditure Allocation

Classroom Instruction: $20,548,000 (28.5%) Support Services: $17,271,000 (23.9%) Capital Outlays: $30,848,000 (42.7%) Other / Operations: $3,522,000 (4.9%)
Classroom Instruction $20,548,000 28.5%
Support Services $17,271,000 23.9%
Capital Outlays $30,848,000 42.7%
Other / Operations $3,522,000 4.9%
Total Expenditure $72,189,000 100.0%

Financial Comparison & Trends Chart

$0$106,500$213,000$319,500$426,000FY 2020 Revenue/Student: $84,172$84,172FY 2020 Expenditure/Student: $61,557$61,557FY 2020699 stdsFY 2021 Revenue/Student: $70,294$70,294FY 2021 Expenditure/Student: $52,316$52,316FY 2021806 stdsFY 2022 Revenue/Student: $297,864$297,864FY 2022 Expenditure/Student: $268,451$268,451FY 2022213 stdsFY 2023 Revenue/Student: $369,850$369,850FY 2023 Expenditure/Student: $210,792$210,792FY 2023240 stdsFY 2024 Revenue/Student: $297,392$297,392FY 2024 Expenditure/Student: $235,912$235,912FY 2024306 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $369,850

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 306 $91,002,000 $72,189,000 $20,548,000 $30,848,000 $0
FY 2023 240 $88,764,000 $50,590,000 $15,888,000 $16,761,000 $0
FY 2022 213 $63,445,000 $57,180,000 $13,465,000 $29,919,000 $0
FY 2021 806 $56,657,000 $42,167,000 $12,639,000 $17,015,000 $0
FY 2020 699 $58,836,000 $43,028,000 $31,359,000 $1,228,000 $0