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IA Regular Public School District 2 Schools

Interstate 35 Comm School District

Truro, IA 50257 • Madison County • 2 Operating Schools
(641) 765-4291
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 825 students
Census F-33 • FY 2024
Total Revenue
$16,624,000
Total Expenditure
$15,441,000
Classroom Instruction
$6,029,000
Outstanding Debt
$12,760,000

Revenue Sources

State Government Funds: $7,885,000 (47.4%) Local Taxes & Fees: $7,981,000 (48%) Federal Aid: $758,000 (4.6%)
State Government Funds $7,885,000 47.4%
Local Taxes & Fees $7,981,000 48%
Federal Aid $758,000 4.6%
Total Revenue $16,624,000 100.0%

Expenditure Allocation

Classroom Instruction: $6,029,000 (39%) Support Services: $4,643,000 (30.1%) Capital Outlays: $2,146,000 (13.9%) Other / Operations: $2,623,000 (17%)
Classroom Instruction $6,029,000 39%
Support Services $4,643,000 30.1%
Capital Outlays $2,146,000 13.9%
Other / Operations $2,623,000 17%
Total Expenditure $15,441,000 100.0%

Financial Comparison & Trends Chart

$0$6,000$12,000$18,000$24,000FY 2020 Revenue/Student: $15,607$15,607FY 2020 Expenditure/Student: $13,945$13,945FY 2020848 stdsFY 2021 Revenue/Student: $17,239$17,239FY 2021 Expenditure/Student: $14,516$14,516FY 2021824 stdsFY 2022 Revenue/Student: $17,229$17,229FY 2022 Expenditure/Student: $14,519$14,519FY 2022860 stdsFY 2023 Revenue/Student: $18,696$18,696FY 2023 Expenditure/Student: $16,542$16,542FY 2023842 stdsFY 2024 Revenue/Student: $20,150$20,150FY 2024 Expenditure/Student: $18,716$18,716FY 2024825 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $20,150

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 825 $16,624,000 $15,441,000 $6,029,000 $2,146,000 $12,760,000
FY 2023 842 $15,742,000 $13,928,000 $6,104,000 $1,102,000 $7,693,000
FY 2022 860 $14,817,000 $12,486,000 $5,800,000 $660,000 $9,243,000
FY 2021 824 $14,205,000 $11,961,000 $5,592,000 $822,000 $10,575,000
FY 2020 848 $13,235,000 $11,825,000 $5,534,000 $793,000 $11,928,000