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PA Regular Public School District 3 Schools

Grove City Area SD

Grove City, PA 16127 • Mercer County • 3 Operating Schools
(724) 458-6733
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,840 students
Census F-33 • FY 2024
Total Revenue
$41,771,000
Total Expenditure
$45,658,000
Classroom Instruction
$25,730,000
Outstanding Debt
$37,190,000

Revenue Sources

State Government Funds: $17,586,000 (42.1%) Local Taxes & Fees: $21,344,000 (51.1%) Federal Aid: $2,841,000 (6.8%)
State Government Funds $17,586,000 42.1%
Local Taxes & Fees $21,344,000 51.1%
Federal Aid $2,841,000 6.8%
Total Revenue $41,771,000 100.0%

Expenditure Allocation

Classroom Instruction: $25,730,000 (56.4%) Support Services: $12,531,000 (27.4%) Capital Outlays: $4,166,000 (9.1%) Other / Operations: $3,231,000 (7.1%)
Classroom Instruction $25,730,000 56.4%
Support Services $12,531,000 27.4%
Capital Outlays $4,166,000 9.1%
Other / Operations $3,231,000 7.1%
Total Expenditure $45,658,000 100.0%

Financial Comparison & Trends Chart

$0$7,250$14,500$21,750$29,000FY 2020 Revenue/Student: $18,890$18,890FY 2020 Expenditure/Student: $23,464$23,464FY 20202,181 stdsFY 2021 Revenue/Student: $20,755$20,755FY 2021 Expenditure/Student: $21,779$21,779FY 20212,022 stdsFY 2022 Revenue/Student: $21,410$21,410FY 2022 Expenditure/Student: $21,804$21,804FY 20221,938 stdsFY 2023 Revenue/Student: $23,783$23,783FY 2023 Expenditure/Student: $22,142$22,142FY 20231,906 stdsFY 2024 Revenue/Student: $22,702$22,702FY 2024 Expenditure/Student: $24,814$24,814FY 20241,840 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $24,814

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,840 $41,771,000 $45,658,000 $25,730,000 $4,166,000 $37,190,000
FY 2023 1,906 $45,331,000 $42,203,000 $26,458,000 $520,000 $28,215,000
FY 2022 1,938 $41,493,000 $42,257,000 $26,587,000 $1,008,000 $28,955,000
FY 2021 2,022 $41,966,000 $44,037,000 $26,803,000 $3,347,000 $29,665,000
FY 2020 2,181 $41,198,000 $51,175,000 $26,660,000 $10,825,000 $30,645,000