Skip to main content
PA Regular Public School District 2 Schools

Farrell Area SD

Farrell, PA 16121 • Mercer County • 2 Operating Schools
(724) 346-6585
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 671 students
Census F-33 • FY 2024
Total Revenue
$29,555,000
Total Expenditure
$25,338,000
Classroom Instruction
$14,262,000
Outstanding Debt
$18,218,000

Revenue Sources

State Government Funds: $17,032,000 (57.6%) Local Taxes & Fees: $5,829,000 (19.7%) Federal Aid: $6,694,000 (22.6%)
State Government Funds $17,032,000 57.6%
Local Taxes & Fees $5,829,000 19.7%
Federal Aid $6,694,000 22.6%
Total Revenue $29,555,000 100.0%

Expenditure Allocation

Classroom Instruction: $14,262,000 (56.3%) Support Services: $5,490,000 (21.7%) Capital Outlays: $3,228,000 (12.7%) Other / Operations: $2,358,000 (9.3%)
Classroom Instruction $14,262,000 56.3%
Support Services $5,490,000 21.7%
Capital Outlays $3,228,000 12.7%
Other / Operations $2,358,000 9.3%
Total Expenditure $25,338,000 100.0%

Financial Comparison & Trends Chart

$0$15,250$30,500$45,750$61,000FY 2020 Revenue/Student: $41,613$41,613FY 2020 Expenditure/Student: $43,938$43,938FY 2020641 stdsFY 2021 Revenue/Student: $43,984$43,984FY 2021 Expenditure/Student: $42,227$42,227FY 2021635 stdsFY 2022 Revenue/Student: $47,080$47,080FY 2022 Expenditure/Student: $44,580$44,580FY 2022666 stdsFY 2023 Revenue/Student: $52,509$52,509FY 2023 Expenditure/Student: $49,936$49,936FY 2023643 stdsFY 2024 Revenue/Student: $44,046$44,046FY 2024 Expenditure/Student: $37,762$37,762FY 2024671 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $52,509

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 671 $29,555,000 $25,338,000 $14,262,000 $3,228,000 $18,218,000
FY 2023 643 $33,763,000 $32,109,000 $20,745,000 $2,612,000 $19,136,000
FY 2022 666 $31,355,000 $29,690,000 $19,923,000 $1,505,000 $19,987,000
FY 2021 635 $27,930,000 $26,814,000 $18,097,000 $1,370,000 $20,584,000
FY 2020 641 $26,674,000 $28,164,000 $17,269,000 $3,607,000 $20,942,000