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ME Regular Public School District 5 Schools

Gorham Public Schools

Gorham, ME 04038 • Cumberland County • 5 Operating Schools
(207) 222-1012
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 2,851 students
Census F-33 • FY 2024
Total Revenue
$56,639,000
Total Expenditure
$58,327,000
Classroom Instruction
$30,950,000
Outstanding Debt
$14,994,000

Revenue Sources

State Government Funds: $27,120,000 (47.9%) Local Taxes & Fees: $27,022,000 (47.7%) Federal Aid: $2,497,000 (4.4%)
State Government Funds $27,120,000 47.9%
Local Taxes & Fees $27,022,000 47.7%
Federal Aid $2,497,000 4.4%
Total Revenue $56,639,000 100.0%

Expenditure Allocation

Classroom Instruction: $30,950,000 (53.1%) Support Services: $18,980,000 (32.5%) Capital Outlays: $5,719,000 (9.8%) Other / Operations: $2,678,000 (4.6%)
Classroom Instruction $30,950,000 53.1%
Support Services $18,980,000 32.5%
Capital Outlays $5,719,000 9.8%
Other / Operations $2,678,000 4.6%
Total Expenditure $58,327,000 100.0%

Financial Comparison & Trends Chart

$0$6,000$12,000$18,000$24,000FY 2020 Revenue/Student: $16,886$16,886FY 2020 Expenditure/Student: $15,305$15,305FY 20202,800 stdsFY 2021 Revenue/Student: $20,671$20,671FY 2021 Expenditure/Student: $17,928$17,928FY 20212,742 stdsFY 2022 Revenue/Student: $18,765$18,765FY 2022 Expenditure/Student: $18,388$18,388FY 20222,761 stdsFY 2023 Revenue/Student: $18,912$18,912FY 2023 Expenditure/Student: $19,300$19,300FY 20232,737 stdsFY 2024 Revenue/Student: $19,866$19,866FY 2024 Expenditure/Student: $20,458$20,458FY 20242,851 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $20,671

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 2,851 $56,639,000 $58,327,000 $30,950,000 $5,719,000 $14,994,000
FY 2023 2,737 $51,761,000 $52,825,000 $29,357,000 $2,793,000 $5,702,000
FY 2022 2,761 $51,811,000 $50,770,000 $28,694,000 $2,755,000 $657,000
FY 2021 2,742 $56,681,000 $49,158,000 $27,658,000 $2,576,000 $3,132,000
FY 2020 2,800 $47,280,000 $42,853,000 $24,595,000 $1,531,000 $5,457,000