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IL Regular Public School District 8 Schools

Freeport SD 145

Freeport, IL 61032 • Stephenson County • 8 Operating Schools
(815) 232-0309
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 3,638 students
Census F-33 • FY 2024
Total Revenue
$89,714,000
Total Expenditure
$97,252,000
Classroom Instruction
$39,539,000
Outstanding Debt
$44,620,000

Revenue Sources

State Government Funds: $47,391,000 (52.8%) Local Taxes & Fees: $27,855,000 (31%) Federal Aid: $14,468,000 (16.1%)
State Government Funds $47,391,000 52.8%
Local Taxes & Fees $27,855,000 31%
Federal Aid $14,468,000 16.1%
Total Revenue $89,714,000 100.0%

Expenditure Allocation

Classroom Instruction: $39,539,000 (40.7%) Support Services: $41,137,000 (42.3%) Capital Outlays: $9,739,000 (10%) Other / Operations: $6,837,000 (7%)
Classroom Instruction $39,539,000 40.7%
Support Services $41,137,000 42.3%
Capital Outlays $9,739,000 10%
Other / Operations $6,837,000 7%
Total Expenditure $97,252,000 100.0%

Financial Comparison & Trends Chart

$0$7,750$15,500$23,250$31,000FY 2020 Revenue/Student: $20,731$20,731FY 2020 Expenditure/Student: $20,981$20,981FY 20203,715 stdsFY 2021 Revenue/Student: $20,114$20,114FY 2021 Expenditure/Student: $20,384$20,384FY 20213,581 stdsFY 2022 Revenue/Student: $23,822$23,822FY 2022 Expenditure/Student: $21,914$21,914FY 20223,520 stdsFY 2023 Revenue/Student: $26,206$26,206FY 2023 Expenditure/Student: $25,975$25,975FY 20233,454 stdsFY 2024 Revenue/Student: $24,660$24,660FY 2024 Expenditure/Student: $26,732$26,732FY 20243,638 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $26,732

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 3,638 $89,714,000 $97,252,000 $39,539,000 $9,739,000 $44,620,000
FY 2023 3,454 $90,517,000 $89,717,000 $35,911,000 $7,492,000 $38,256,000
FY 2022 3,520 $83,852,000 $77,138,000 $33,784,000 $4,012,000 $39,968,000
FY 2021 3,581 $72,030,000 $72,995,000 $32,364,000 $5,734,000 $38,936,000
FY 2020 3,715 $77,016,000 $77,945,000 $35,689,000 $1,255,000 $29,127,000