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AR Regular Public School District 6 Schools

FARMINGTON SCHOOL DISTRICT

FARMINGTON, AR 72730 • Washington County • 6 Operating Schools
(479) 266-1800
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 2,883 students
Census F-33 • FY 2024
Total Revenue
$36,557,000
Total Expenditure
$32,882,000
Classroom Instruction
$17,979,000
Outstanding Debt
$50,675,000

Revenue Sources

State Government Funds: $28,749,000 (78.6%) Local Taxes & Fees: $5,639,000 (15.4%) Federal Aid: $2,169,000 (5.9%)
State Government Funds $28,749,000 78.6%
Local Taxes & Fees $5,639,000 15.4%
Federal Aid $2,169,000 5.9%
Total Revenue $36,557,000 100.0%

Expenditure Allocation

Classroom Instruction: $17,979,000 (54.7%) Support Services: $10,112,000 (30.8%) Capital Outlays: $1,208,000 (3.7%) Other / Operations: $3,583,000 (10.9%)
Classroom Instruction $17,979,000 54.7%
Support Services $10,112,000 30.8%
Capital Outlays $1,208,000 3.7%
Other / Operations $3,583,000 10.9%
Total Expenditure $32,882,000 100.0%

Financial Comparison & Trends Chart

$0$4,250$8,500$12,750$17,000FY 2020 Revenue/Student: $9,609$9,609FY 2020 Expenditure/Student: $9,836$9,836FY 20202,556 stdsFY 2021 Revenue/Student: $10,788$10,788FY 2021 Expenditure/Student: $9,755$9,755FY 20212,572 stdsFY 2022 Revenue/Student: $11,953$11,953FY 2022 Expenditure/Student: $13,131$13,131FY 20222,603 stdsFY 2023 Revenue/Student: $12,028$12,028FY 2023 Expenditure/Student: $14,551$14,551FY 20232,685 stdsFY 2024 Revenue/Student: $12,680$12,680FY 2024 Expenditure/Student: $11,405$11,405FY 20242,883 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $14,551

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 2,883 $36,557,000 $32,882,000 $17,979,000 $1,208,000 $50,675,000
FY 2023 2,685 $32,295,000 $39,069,000 $15,307,000 $11,105,000 $36,880,000
FY 2022 2,603 $31,114,000 $34,179,000 $14,695,000 $7,694,000 $35,725,000
FY 2021 2,572 $27,748,000 $25,089,000 $13,705,000 $514,000 $37,125,000
FY 2020 2,556 $24,561,000 $25,141,000 $13,161,000 $1,783,000 $45,600,000