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AR Regular Public School District 3 Schools

HIGHLAND SCHOOL DISTRICT

Hardy, AR 72542 • Sharp County • 3 Operating Schools
(870) 856-3275
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,513 students
Census F-33 • FY 2024
Total Revenue
$22,768,000
Total Expenditure
$23,317,000
Classroom Instruction
$12,034,000
Outstanding Debt
$7,835,000

Revenue Sources

State Government Funds: $16,265,000 (71.4%) Local Taxes & Fees: $2,626,000 (11.5%) Federal Aid: $3,877,000 (17%)
State Government Funds $16,265,000 71.4%
Local Taxes & Fees $2,626,000 11.5%
Federal Aid $3,877,000 17%
Total Revenue $22,768,000 100.0%

Expenditure Allocation

Classroom Instruction: $12,034,000 (51.6%) Support Services: $8,402,000 (36%) Capital Outlays: $1,078,000 (4.6%) Other / Operations: $1,803,000 (7.7%)
Classroom Instruction $12,034,000 51.6%
Support Services $8,402,000 36%
Capital Outlays $1,078,000 4.6%
Other / Operations $1,803,000 7.7%
Total Expenditure $23,317,000 100.0%

Financial Comparison & Trends Chart

$0$5,250$10,500$15,750$21,000FY 2020 Revenue/Student: $10,547$10,547FY 2020 Expenditure/Student: $11,121$11,121FY 20201,608 stdsFY 2021 Revenue/Student: $12,250$12,250FY 2021 Expenditure/Student: $11,847$11,847FY 20211,597 stdsFY 2022 Revenue/Student: $15,133$15,133FY 2022 Expenditure/Student: $15,249$15,249FY 20221,577 stdsFY 2023 Revenue/Student: $14,305$14,305FY 2023 Expenditure/Student: $17,429$17,429FY 20231,612 stdsFY 2024 Revenue/Student: $15,048$15,048FY 2024 Expenditure/Student: $15,411$15,411FY 20241,513 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $17,429

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,513 $22,768,000 $23,317,000 $12,034,000 $1,078,000 $7,835,000
FY 2023 1,612 $23,059,000 $28,095,000 $11,652,000 $6,756,000 $3,145,000
FY 2022 1,577 $23,864,000 $24,047,000 $11,415,000 $3,065,000 $2,895,000
FY 2021 1,597 $19,564,000 $18,920,000 $10,105,000 $1,044,000 $2,465,000
FY 2020 1,608 $16,960,000 $17,882,000 $9,117,000 $2,030,000 $3,140,000