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PA Regular Public School District 2 Schools

Galeton Area SD

Galeton, PA 16922 • Potter County • 2 Operating Schools
(814) 435-6571
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 308 students
Census F-33 • FY 2024
Total Revenue
$9,508,000
Total Expenditure
$11,383,000
Classroom Instruction
$5,645,000
Outstanding Debt
$5,204,000

Revenue Sources

State Government Funds: $4,567,000 (48%) Local Taxes & Fees: $4,334,000 (45.6%) Federal Aid: $607,000 (6.4%)
State Government Funds $4,567,000 48%
Local Taxes & Fees $4,334,000 45.6%
Federal Aid $607,000 6.4%
Total Revenue $9,508,000 100.0%

Expenditure Allocation

Classroom Instruction: $5,645,000 (49.6%) Support Services: $2,707,000 (23.8%) Capital Outlays: $2,344,000 (20.6%) Other / Operations: $687,000 (6%)
Classroom Instruction $5,645,000 49.6%
Support Services $2,707,000 23.8%
Capital Outlays $2,344,000 20.6%
Other / Operations $687,000 6%
Total Expenditure $11,383,000 100.0%

Financial Comparison & Trends Chart

$0$10,750$21,500$32,250$43,000FY 2020 Revenue/Student: $23,385$23,385FY 2020 Expenditure/Student: $21,232$21,232FY 2020340 stdsFY 2021 Revenue/Student: $26,028$26,028FY 2021 Expenditure/Student: $23,788$23,788FY 2021321 stdsFY 2022 Revenue/Student: $25,729$25,729FY 2022 Expenditure/Student: $24,751$24,751FY 2022325 stdsFY 2023 Revenue/Student: $31,212$31,212FY 2023 Expenditure/Student: $36,095$36,095FY 2023325 stdsFY 2024 Revenue/Student: $30,870$30,870FY 2024 Expenditure/Student: $36,958$36,958FY 2024308 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $36,958

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 308 $9,508,000 $11,383,000 $5,645,000 $2,344,000 $5,204,000
FY 2023 325 $10,144,000 $11,731,000 $5,319,000 $3,336,000 $5,315,000
FY 2022 325 $8,362,000 $8,044,000 $5,065,000 $72,000 $215,000
FY 2021 321 $8,355,000 $7,636,000 $4,751,000 $211,000 $750,000
FY 2020 340 $7,951,000 $7,219,000 $4,518,000 $70,000 $1,269,000