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IN Regular Public School District 5 Schools

Hanover Community School Corp

Cedar Lake, IN 46303 • Lake County • 5 Operating Schools
(219) 374-3500
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 2,797 students
Census F-33 • FY 2024
Total Revenue
$48,881,000
Total Expenditure
$45,576,000
Classroom Instruction
$18,214,000
Outstanding Debt
$115,618,000

Revenue Sources

State Government Funds: $25,325,000 (51.8%) Local Taxes & Fees: $21,354,000 (43.7%) Federal Aid: $2,202,000 (4.5%)
State Government Funds $25,325,000 51.8%
Local Taxes & Fees $21,354,000 43.7%
Federal Aid $2,202,000 4.5%
Total Revenue $48,881,000 100.0%

Expenditure Allocation

Classroom Instruction: $18,214,000 (40%) Support Services: $15,288,000 (33.5%) Capital Outlays: $5,006,000 (11%) Other / Operations: $7,068,000 (15.5%)
Classroom Instruction $18,214,000 40%
Support Services $15,288,000 33.5%
Capital Outlays $5,006,000 11%
Other / Operations $7,068,000 15.5%
Total Expenditure $45,576,000 100.0%

Financial Comparison & Trends Chart

$0$5,250$10,500$15,750$21,000FY 2020 Revenue/Student: $13,176$13,176FY 2020 Expenditure/Student: $12,363$12,363FY 20202,461 stdsFY 2021 Revenue/Student: $14,495$14,495FY 2021 Expenditure/Student: $13,024$13,024FY 20212,503 stdsFY 2022 Revenue/Student: $15,195$15,195FY 2022 Expenditure/Student: $13,715$13,715FY 20222,615 stdsFY 2023 Revenue/Student: $15,051$15,051FY 2023 Expenditure/Student: $14,986$14,986FY 20232,734 stdsFY 2024 Revenue/Student: $17,476$17,476FY 2024 Expenditure/Student: $16,295$16,295FY 20242,797 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $17,476

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 2,797 $48,881,000 $45,576,000 $18,214,000 $5,006,000 $115,618,000
FY 2023 2,734 $41,149,000 $40,971,000 $14,977,000 $6,186,000 $118,982,000
FY 2022 2,615 $39,734,000 $35,866,000 $15,089,000 $3,663,000 $121,601,000
FY 2021 2,503 $36,282,000 $32,600,000 $14,460,000 $3,565,000 $45,396,000
FY 2020 2,461 $32,426,000 $30,426,000 $13,337,000 $4,514,000 $50,506,000