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IL Regular Public School District 2 Schools

Flanagan-Cornell Dist 74

Flanagan, IL 61740 • Livingston County • 2 Operating Schools
(815) 796-2233
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 352 students
Census F-33 • FY 2024
Total Revenue
$8,582,000
Total Expenditure
$8,633,000
Classroom Instruction
$4,334,000
Outstanding Debt
$2,503,000

Revenue Sources

State Government Funds: $3,106,000 (36.2%) Local Taxes & Fees: $4,692,000 (54.7%) Federal Aid: $784,000 (9.1%)
State Government Funds $3,106,000 36.2%
Local Taxes & Fees $4,692,000 54.7%
Federal Aid $784,000 9.1%
Total Revenue $8,582,000 100.0%

Expenditure Allocation

Classroom Instruction: $4,334,000 (50.2%) Support Services: $2,302,000 (26.7%) Capital Outlays: $1,164,000 (13.5%) Other / Operations: $833,000 (9.6%)
Classroom Instruction $4,334,000 50.2%
Support Services $2,302,000 26.7%
Capital Outlays $1,164,000 13.5%
Other / Operations $833,000 9.6%
Total Expenditure $8,633,000 100.0%

Financial Comparison & Trends Chart

$0$7,500$15,000$22,500$30,000FY 2020 Revenue/Student: $20,728$20,728FY 2020 Expenditure/Student: $18,968$18,968FY 2020345 stdsFY 2021 Revenue/Student: $25,942$25,942FY 2021 Expenditure/Student: $24,492$24,492FY 2021311 stdsFY 2022 Revenue/Student: $22,809$22,809FY 2022 Expenditure/Student: $20,994$20,994FY 2022314 stdsFY 2023 Revenue/Student: $21,682$21,682FY 2023 Expenditure/Student: $20,419$20,419FY 2023296 stdsFY 2024 Revenue/Student: $24,381$24,381FY 2024 Expenditure/Student: $24,526$24,526FY 2024352 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $25,942

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 352 $8,582,000 $8,633,000 $4,334,000 $1,164,000 $2,503,000
FY 2023 296 $6,418,000 $6,044,000 $3,245,000 $350,000 $402,000
FY 2022 314 $7,162,000 $6,592,000 $3,847,000 $279,000 $497,000
FY 2021 311 $8,068,000 $7,617,000 $4,246,000 $449,000 $497,000
FY 2020 345 $7,151,000 $6,544,000 $3,964,000 $111,000 $668,000