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AR Regular Public School District 3 Schools

HECTOR SCHOOL DISTRICT

Hector, AR 72843 • Pope County • 3 Operating Schools
(479) 284-2021
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 684 students
Census F-33 • FY 2024
Total Revenue
$9,640,000
Total Expenditure
$9,080,000
Classroom Instruction
$4,671,000
Outstanding Debt
$4,635,000

Revenue Sources

State Government Funds: $7,422,000 (77%) Local Taxes & Fees: $965,000 (10%) Federal Aid: $1,253,000 (13%)
State Government Funds $7,422,000 77%
Local Taxes & Fees $965,000 10%
Federal Aid $1,253,000 13%
Total Revenue $9,640,000 100.0%

Expenditure Allocation

Classroom Instruction: $4,671,000 (51.4%) Support Services: $3,299,000 (36.3%) Capital Outlays: $289,000 (3.2%) Other / Operations: $821,000 (9%)
Classroom Instruction $4,671,000 51.4%
Support Services $3,299,000 36.3%
Capital Outlays $289,000 3.2%
Other / Operations $821,000 9%
Total Expenditure $9,080,000 100.0%

Financial Comparison & Trends Chart

$0$5,000$10,000$15,000$20,000FY 2020 Revenue/Student: $11,504$11,504FY 2020 Expenditure/Student: $12,368$12,368FY 2020609 stdsFY 2021 Revenue/Student: $12,552$12,552FY 2021 Expenditure/Student: $12,343$12,343FY 2021623 stdsFY 2022 Revenue/Student: $14,272$14,272FY 2022 Expenditure/Student: $16,670$16,670FY 2022625 stdsFY 2023 Revenue/Student: $14,035$14,035FY 2023 Expenditure/Student: $14,740$14,740FY 2023626 stdsFY 2024 Revenue/Student: $14,094$14,094FY 2024 Expenditure/Student: $13,275$13,275FY 2024684 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $16,670

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 684 $9,640,000 $9,080,000 $4,671,000 $289,000 $4,635,000
FY 2023 626 $8,786,000 $9,227,000 $4,485,000 $749,000 $5,410,000
FY 2022 625 $8,920,000 $10,419,000 $3,912,000 $2,897,000 $5,015,000
FY 2021 623 $7,820,000 $7,690,000 $3,601,000 $631,000 $4,717,000
FY 2020 609 $7,006,000 $7,532,000 $3,188,000 $1,537,000 $4,447,000