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PA Regular Public School District 5 Schools

Hanover Area SD

Hanover Township, PA 18706 • Luzerne County • 5 Operating Schools
(570) 831-2313
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 2,136 students
Census F-33 • FY 2024
Total Revenue
$46,566,000
Total Expenditure
$42,736,000
Classroom Instruction
$26,884,000
Outstanding Debt
$9,233,000

Revenue Sources

State Government Funds: $22,292,000 (47.9%) Local Taxes & Fees: $17,820,000 (38.3%) Federal Aid: $6,454,000 (13.9%)
State Government Funds $22,292,000 47.9%
Local Taxes & Fees $17,820,000 38.3%
Federal Aid $6,454,000 13.9%
Total Revenue $46,566,000 100.0%

Expenditure Allocation

Classroom Instruction: $26,884,000 (62.9%) Support Services: $11,081,000 (25.9%) Capital Outlays: $130,000 (0.3%) Other / Operations: $4,641,000 (10.9%)
Classroom Instruction $26,884,000 62.9%
Support Services $11,081,000 25.9%
Capital Outlays $130,000 0.3%
Other / Operations $4,641,000 10.9%
Total Expenditure $42,736,000 100.0%

Financial Comparison & Trends Chart

$0$6,500$13,000$19,500$26,000FY 2020 Revenue/Student: $16,423$16,423FY 2020 Expenditure/Student: $16,044$16,044FY 20202,072 stdsFY 2021 Revenue/Student: $18,270$18,270FY 2021 Expenditure/Student: $16,757$16,757FY 20212,044 stdsFY 2022 Revenue/Student: $19,607$19,607FY 2022 Expenditure/Student: $17,687$17,687FY 20222,058 stdsFY 2023 Revenue/Student: $20,542$20,542FY 2023 Expenditure/Student: $17,865$17,865FY 20232,104 stdsFY 2024 Revenue/Student: $21,801$21,801FY 2024 Expenditure/Student: $20,007$20,007FY 20242,136 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $21,801

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 2,136 $46,566,000 $42,736,000 $26,884,000 $130,000 $9,233,000
FY 2023 2,104 $43,220,000 $37,588,000 $23,534,000 $88,000 $11,331,000
FY 2022 2,058 $40,352,000 $36,400,000 $23,137,000 $323,000 $13,355,000
FY 2021 2,044 $37,344,000 $34,251,000 $23,173,000 $110,000 $14,500,000
FY 2020 2,072 $34,028,000 $33,243,000 $20,493,000 $40,000 $16,275,000