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NY Regular Public School District 2 Schools

LAKE PLACID CENTRAL SCHOOL DISTRICT

LAKE PLACID, NY 12946 • Essex County • 2 Operating Schools
(518) 523-2475
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 574 students
Census F-33 • FY 2024
Total Revenue
$22,756,000
Total Expenditure
$21,778,000
Classroom Instruction
$13,381,000
Outstanding Debt
$13,710,000

Revenue Sources

State Government Funds: $3,531,000 (15.5%) Local Taxes & Fees: $18,047,000 (79.3%) Federal Aid: $1,178,000 (5.2%)
State Government Funds $3,531,000 15.5%
Local Taxes & Fees $18,047,000 79.3%
Federal Aid $1,178,000 5.2%
Total Revenue $22,756,000 100.0%

Expenditure Allocation

Classroom Instruction: $13,381,000 (61.4%) Support Services: $7,138,000 (32.8%) Capital Outlays: $125,000 (0.6%) Other / Operations: $1,134,000 (5.2%)
Classroom Instruction $13,381,000 61.4%
Support Services $7,138,000 32.8%
Capital Outlays $125,000 0.6%
Other / Operations $1,134,000 5.2%
Total Expenditure $21,778,000 100.0%

Financial Comparison & Trends Chart

$0$13,500$27,000$40,500$54,000FY 2020 Revenue/Student: $34,079$34,079FY 2020 Expenditure/Student: $41,421$41,421FY 2020608 stdsFY 2021 Revenue/Student: $34,508$34,508FY 2021 Expenditure/Student: $46,595$46,595FY 2021598 stdsFY 2022 Revenue/Student: $37,020$37,020FY 2022 Expenditure/Student: $35,793$35,793FY 2022589 stdsFY 2023 Revenue/Student: $38,691$38,691FY 2023 Expenditure/Student: $37,144$37,144FY 2023570 stdsFY 2024 Revenue/Student: $39,645$39,645FY 2024 Expenditure/Student: $37,941$37,941FY 2024574 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $46,595

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 574 $22,756,000 $21,778,000 $13,381,000 $125,000 $13,710,000
FY 2023 570 $22,054,000 $21,172,000 $12,612,000 $266,000 $14,751,000
FY 2022 589 $21,805,000 $21,082,000 $12,197,000 $849,000 $15,728,000
FY 2021 598 $20,636,000 $27,864,000 $11,327,000 $8,895,000 $220,000
FY 2020 608 $20,720,000 $25,184,000 $11,280,000 $7,694,000 $220,000