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IN Regular Public School District 11 Schools

Gary Community School Corp

Gary, IN 46406 • Lake County • 11 Operating Schools
(219) 881-5401
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 4,025 students
Census F-33 • FY 2024
Total Revenue
$114,875,000
Total Expenditure
$95,820,000
Classroom Instruction
$37,956,000
Outstanding Debt
$57,205,000

Revenue Sources

State Government Funds: $47,207,000 (41.1%) Local Taxes & Fees: $36,513,000 (31.8%) Federal Aid: $31,155,000 (27.1%)
State Government Funds $47,207,000 41.1%
Local Taxes & Fees $36,513,000 31.8%
Federal Aid $31,155,000 27.1%
Total Revenue $114,875,000 100.0%

Expenditure Allocation

Classroom Instruction: $37,956,000 (39.6%) Support Services: $45,617,000 (47.6%) Capital Outlays: $7,436,000 (7.8%) Other / Operations: $4,811,000 (5%)
Classroom Instruction $37,956,000 39.6%
Support Services $45,617,000 47.6%
Capital Outlays $7,436,000 7.8%
Other / Operations $4,811,000 5%
Total Expenditure $95,820,000 100.0%

Financial Comparison & Trends Chart

$0$9,000$18,000$27,000$36,000FY 2020 Revenue/Student: $15,549$15,549FY 2020 Expenditure/Student: $13,990$13,990FY 20204,850 stdsFY 2021 Revenue/Student: $18,744$18,744FY 2021 Expenditure/Student: $14,706$14,706FY 20214,770 stdsFY 2022 Revenue/Student: $21,782$21,782FY 2022 Expenditure/Student: $22,286$22,286FY 20224,374 stdsFY 2023 Revenue/Student: $30,740$30,740FY 2023 Expenditure/Student: $30,561$30,561FY 20234,076 stdsFY 2024 Revenue/Student: $28,540$28,540FY 2024 Expenditure/Student: $23,806$23,806FY 20244,025 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $30,740

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 4,025 $114,875,000 $95,820,000 $37,956,000 $7,436,000 $57,205,000
FY 2023 4,076 $125,295,000 $124,568,000 $48,192,000 $9,169,000 $62,589,000
FY 2022 4,374 $95,274,000 $97,480,000 $39,007,000 $9,087,000 $70,738,000
FY 2021 4,770 $89,410,000 $70,150,000 $32,654,000 $4,698,000 $72,590,000
FY 2020 4,850 $75,413,000 $67,852,000 $28,991,000 $5,296,000 $78,013,000