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PA Regular Public School District 2 Schools

Karns City Area SD

Karns City, PA 16041 • Butler County • 2 Operating Schools
(724) 756-2030
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,309 students
Census F-33 • FY 2024
Total Revenue
$30,234,000
Total Expenditure
$40,492,000
Classroom Instruction
$13,568,000
Outstanding Debt
$19,951,000

Revenue Sources

State Government Funds: $17,731,000 (58.6%) Local Taxes & Fees: $9,778,000 (32.3%) Federal Aid: $2,725,000 (9%)
State Government Funds $17,731,000 58.6%
Local Taxes & Fees $9,778,000 32.3%
Federal Aid $2,725,000 9%
Total Revenue $30,234,000 100.0%

Expenditure Allocation

Classroom Instruction: $13,568,000 (33.5%) Support Services: $9,163,000 (22.6%) Capital Outlays: $15,231,000 (37.6%) Other / Operations: $2,530,000 (6.2%)
Classroom Instruction $13,568,000 33.5%
Support Services $9,163,000 22.6%
Capital Outlays $15,231,000 37.6%
Other / Operations $2,530,000 6.2%
Total Expenditure $40,492,000 100.0%

Financial Comparison & Trends Chart

$0$9,000$18,000$27,000$36,000FY 2020 Revenue/Student: $18,778$18,778FY 2020 Expenditure/Student: $18,258$18,258FY 20201,344 stdsFY 2021 Revenue/Student: $19,568$19,568FY 2021 Expenditure/Student: $19,044$19,044FY 20211,331 stdsFY 2022 Revenue/Student: $19,863$19,863FY 2022 Expenditure/Student: $18,960$18,960FY 20221,339 stdsFY 2023 Revenue/Student: $21,863$21,863FY 2023 Expenditure/Student: $22,714$22,714FY 20231,311 stdsFY 2024 Revenue/Student: $23,097$23,097FY 2024 Expenditure/Student: $30,934$30,934FY 20241,309 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $30,934

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,309 $30,234,000 $40,492,000 $13,568,000 $15,231,000 $19,951,000
FY 2023 1,311 $28,663,000 $29,778,000 $13,599,000 $4,098,000 $20,269,000
FY 2022 1,339 $26,596,000 $25,387,000 $13,692,000 $516,000 $19,720,000
FY 2021 1,331 $26,045,000 $25,348,000 $13,941,000 $1,692,000 $22,040,000
FY 2020 1,344 $25,238,000 $24,539,000 $13,716,000 $1,108,000 $562,000