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ID Regular Public School District 62 Schools

JOINT SCHOOL DISTRICT NO. 2

MERIDIAN, ID 83642 • Ada County • 62 Operating Schools
(208) 855-4500

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 38,991 students
Census F-33 • FY 2024
Total Revenue
$450,143,000
Total Expenditure
$396,303,000
Classroom Instruction
$221,915,000
Outstanding Debt
$72,465,000

Revenue Sources

State Government Funds: $329,901,000 (73.3%) Local Taxes & Fees: $86,238,000 (19.2%) Federal Aid: $34,004,000 (7.6%)
State Government Funds $329,901,000 73.3%
Local Taxes & Fees $86,238,000 19.2%
Federal Aid $34,004,000 7.6%
Total Revenue $450,143,000 100.0%

Expenditure Allocation

Classroom Instruction: $221,915,000 (56%) Support Services: $139,113,000 (35.1%) Capital Outlays: $16,585,000 (4.2%) Other / Operations: $18,690,000 (4.7%)
Classroom Instruction $221,915,000 56%
Support Services $139,113,000 35.1%
Capital Outlays $16,585,000 4.2%
Other / Operations $18,690,000 4.7%
Total Expenditure $396,303,000 100.0%

Financial Comparison & Trends Chart

$0$3,500$7,000$10,500$14,000FY 2020 Revenue/Student: $9,371$9,371FY 2020 Expenditure/Student: $7,475$7,475FY 202040,600 stdsFY 2021 Revenue/Student: $9,680$9,680FY 2021 Expenditure/Student: $8,526$8,526FY 202137,989 stdsFY 2022 Revenue/Student: $10,443$10,443FY 2022 Expenditure/Student: $8,978$8,978FY 202239,332 stdsFY 2023 Revenue/Student: $10,715$10,715FY 2023 Expenditure/Student: $10,032$10,032FY 202339,496 stdsFY 2024 Revenue/Student: $11,545$11,545FY 2024 Expenditure/Student: $10,164$10,164FY 202438,991 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $11,545

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 38,991 $450,143,000 $396,303,000 $221,915,000 $16,585,000 $72,465,000
FY 2023 39,496 $423,194,000 $396,217,000 $211,555,000 $23,959,000 $98,505,000
FY 2022 39,332 $410,728,000 $353,127,000 $204,912,000 $15,050,000 $123,030,000
FY 2021 37,989 $367,748,000 $323,892,000 $189,954,000 $17,799,000 $157,465,000
FY 2020 40,600 $380,462,000 $303,467,000 $174,718,000 $11,168,000 $198,555,000