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NY Regular Public School District 2 Schools

GALWAY CENTRAL SCHOOL DISTRICT

GALWAY, NY 12074 • Saratoga County • 2 Operating Schools
(518) 882-1033
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 844 students
Census F-33 • FY 2024
Total Revenue
$27,174,000
Total Expenditure
$24,946,000
Classroom Instruction
$13,123,000
Outstanding Debt
$18,675,000

Revenue Sources

State Government Funds: $13,033,000 (48%) Local Taxes & Fees: $12,165,000 (44.8%) Federal Aid: $1,976,000 (7.3%)
State Government Funds $13,033,000 48%
Local Taxes & Fees $12,165,000 44.8%
Federal Aid $1,976,000 7.3%
Total Revenue $27,174,000 100.0%

Expenditure Allocation

Classroom Instruction: $13,123,000 (52.6%) Support Services: $8,061,000 (32.3%) Capital Outlays: $2,431,000 (9.7%) Other / Operations: $1,331,000 (5.3%)
Classroom Instruction $13,123,000 52.6%
Support Services $8,061,000 32.3%
Capital Outlays $2,431,000 9.7%
Other / Operations $1,331,000 5.3%
Total Expenditure $24,946,000 100.0%

Financial Comparison & Trends Chart

$0$9,500$19,000$28,500$38,000FY 2020 Revenue/Student: $29,029$29,029FY 2020 Expenditure/Student: $31,441$31,441FY 2020849 stdsFY 2021 Revenue/Student: $28,528$28,528FY 2021 Expenditure/Student: $25,119$25,119FY 2021818 stdsFY 2022 Revenue/Student: $28,394$28,394FY 2022 Expenditure/Student: $26,542$26,542FY 2022843 stdsFY 2023 Revenue/Student: $30,027$30,027FY 2023 Expenditure/Student: $31,394$31,394FY 2023830 stdsFY 2024 Revenue/Student: $32,197$32,197FY 2024 Expenditure/Student: $29,557$29,557FY 2024844 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $32,197

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 844 $27,174,000 $24,946,000 $13,123,000 $2,431,000 $18,675,000
FY 2023 830 $24,922,000 $26,057,000 $12,846,000 $2,917,000 $20,255,000
FY 2022 843 $23,936,000 $22,375,000 $12,270,000 $749,000 $21,860,000
FY 2021 818 $23,336,000 $20,547,000 $11,292,000 $759,000 $23,405,000
FY 2020 849 $24,646,000 $26,693,000 $10,933,000 $7,977,000 $25,420,000