IA
Regular Public School District
4 Schools
Independence Comm School District
Independence, IA 50644
•
Buchanan County
•
4 Operating Schools
(319) 334-7400
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 1,480 students
Total Revenue
$24,844,000
Total Expenditure
$22,783,000
Classroom Instruction
$12,111,000
Outstanding Debt
$8,124,000
Revenue Sources
| State Government Funds | $13,095,000 | 52.7% | |
| Local Taxes & Fees | $10,350,000 | 41.7% | |
| Federal Aid | $1,399,000 | 5.6% | |
| Total Revenue | $24,844,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $12,111,000 | 53.2% | |
| Support Services | $6,746,000 | 29.6% | |
| Capital Outlays | $1,638,000 | 7.2% | |
| Other / Operations | $2,288,000 | 10% | |
| Total Expenditure | $22,783,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $16,786
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 1,480 | $24,844,000 | $22,783,000 | $12,111,000 | $1,638,000 | $8,124,000 |
| FY 2023 | 1,496 | $24,211,000 | $21,272,000 | $11,576,000 | $1,539,000 | $10,032,000 |
| FY 2022 | 1,496 | $23,935,000 | $21,588,000 | $11,069,000 | $2,568,000 | $11,903,000 |
| FY 2021 | 1,472 | $22,907,000 | $21,482,000 | $10,762,000 | $3,268,000 | $13,733,000 |
| FY 2020 | 1,496 | $22,055,000 | $18,902,000 | $10,653,000 | $658,000 | $15,801,000 |