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AZ Regular Public School District 16 Schools

Higley Unified School District (4248)

GILBERT, AZ 85295 • Maricopa County • 16 Operating Schools
(480) 279-7000
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 12,887 students
Census F-33 • FY 2024
Total Revenue
$174,362,000
Total Expenditure
$163,101,000
Classroom Instruction
$73,345,000
Outstanding Debt
$61,210,000

Revenue Sources

State Government Funds: $94,601,000 (54.3%) Local Taxes & Fees: $66,829,000 (38.3%) Federal Aid: $12,932,000 (7.4%)
State Government Funds $94,601,000 54.3%
Local Taxes & Fees $66,829,000 38.3%
Federal Aid $12,932,000 7.4%
Total Revenue $174,362,000 100.0%

Expenditure Allocation

Classroom Instruction: $73,345,000 (45%) Support Services: $49,924,000 (30.6%) Capital Outlays: $21,914,000 (13.4%) Other / Operations: $17,918,000 (11%)
Classroom Instruction $73,345,000 45%
Support Services $49,924,000 30.6%
Capital Outlays $21,914,000 13.4%
Other / Operations $17,918,000 11%
Total Expenditure $163,101,000 100.0%

Financial Comparison & Trends Chart

$0$4,000$8,000$12,000$16,000FY 2020 Revenue/Student: $10,071$10,071FY 2020 Expenditure/Student: $8,997$8,997FY 202013,050 stdsFY 2021 Revenue/Student: $10,738$10,738FY 2021 Expenditure/Student: $9,374$9,374FY 202112,679 stdsFY 2022 Revenue/Student: $11,593$11,593FY 2022 Expenditure/Student: $10,013$10,013FY 202213,163 stdsFY 2023 Revenue/Student: $13,127$13,127FY 2023 Expenditure/Student: $11,806$11,806FY 202313,040 stdsFY 2024 Revenue/Student: $13,530$13,530FY 2024 Expenditure/Student: $12,656$12,656FY 202412,887 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $13,530

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 12,887 $174,362,000 $163,101,000 $73,345,000 $21,914,000 $61,210,000
FY 2023 13,040 $171,175,000 $153,945,000 $74,994,000 $17,330,000 $0
FY 2022 13,163 $152,601,000 $131,795,000 $67,651,000 $10,179,000 $78,470,000
FY 2021 12,679 $136,146,000 $118,851,000 $63,890,000 $7,893,000 $86,925,000
FY 2020 13,050 $131,424,000 $117,409,000 $58,533,000 $9,628,000 $95,550,000