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TX Regular Public School District 1 Schools

GARY ISD

GARY, TX 75643 • Panola County • 1 Operating Schools
(903) 685-2291
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 485 students
Census F-33 • FY 2024
Total Revenue
$7,525,000
Total Expenditure
$7,889,000
Classroom Instruction
$4,107,000
Outstanding Debt
$5,655,000

Revenue Sources

State Government Funds: $4,633,000 (61.6%) Local Taxes & Fees: $2,361,000 (31.4%) Federal Aid: $531,000 (7.1%)
State Government Funds $4,633,000 61.6%
Local Taxes & Fees $2,361,000 31.4%
Federal Aid $531,000 7.1%
Total Revenue $7,525,000 100.0%

Expenditure Allocation

Classroom Instruction: $4,107,000 (52.1%) Support Services: $2,286,000 (29%) Capital Outlays: $926,000 (11.7%) Other / Operations: $570,000 (7.2%)
Classroom Instruction $4,107,000 52.1%
Support Services $2,286,000 29%
Capital Outlays $926,000 11.7%
Other / Operations $570,000 7.2%
Total Expenditure $7,889,000 100.0%

Financial Comparison & Trends Chart

$0$5,000$10,000$15,000$20,000FY 2020 Revenue/Student: $13,355$13,355FY 2020 Expenditure/Student: $11,690$11,690FY 2020490 stdsFY 2021 Revenue/Student: $14,767$14,767FY 2021 Expenditure/Student: $12,672$12,672FY 2021472 stdsFY 2022 Revenue/Student: $16,852$16,852FY 2022 Expenditure/Student: $15,074$15,074FY 2022487 stdsFY 2023 Revenue/Student: $15,438$15,438FY 2023 Expenditure/Student: $14,037$14,037FY 2023493 stdsFY 2024 Revenue/Student: $15,515$15,515FY 2024 Expenditure/Student: $16,266$16,266FY 2024485 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $16,852

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 485 $7,525,000 $7,889,000 $4,107,000 $926,000 $5,655,000
FY 2023 493 $7,611,000 $6,920,000 $3,976,000 $332,000 $6,095,000
FY 2022 487 $8,207,000 $7,341,000 $3,739,000 $824,000 $6,510,000
FY 2021 472 $6,970,000 $5,981,000 $3,359,000 $226,000 $7,460,000
FY 2020 490 $6,544,000 $5,728,000 $3,323,000 $200,000 $7,855,000