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IN Regular Public School District 3 Schools

Lakeland School Corporation

LaGrange, IN 46761 • LaGrange County • 3 Operating Schools
(260) 499-2400
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,560 students
Census F-33 • FY 2024
Total Revenue
$26,757,000
Total Expenditure
$29,970,000
Classroom Instruction
$11,527,000
Outstanding Debt
$15,856,000

Revenue Sources

State Government Funds: $15,385,000 (57.5%) Local Taxes & Fees: $8,194,000 (30.6%) Federal Aid: $3,178,000 (11.9%)
State Government Funds $15,385,000 57.5%
Local Taxes & Fees $8,194,000 30.6%
Federal Aid $3,178,000 11.9%
Total Revenue $26,757,000 100.0%

Expenditure Allocation

Classroom Instruction: $11,527,000 (38.5%) Support Services: $10,220,000 (34.1%) Capital Outlays: $6,687,000 (22.3%) Other / Operations: $1,536,000 (5.1%)
Classroom Instruction $11,527,000 38.5%
Support Services $10,220,000 34.1%
Capital Outlays $6,687,000 22.3%
Other / Operations $1,536,000 5.1%
Total Expenditure $29,970,000 100.0%

Financial Comparison & Trends Chart

$0$5,750$11,500$17,250$23,000FY 2020 Revenue/Student: $12,922$12,922FY 2020 Expenditure/Student: $12,328$12,328FY 20201,705 stdsFY 2021 Revenue/Student: $13,680$13,680FY 2021 Expenditure/Student: $13,141$13,141FY 20211,643 stdsFY 2022 Revenue/Student: $14,724$14,724FY 2022 Expenditure/Student: $13,699$13,699FY 20221,682 stdsFY 2023 Revenue/Student: $15,993$15,993FY 2023 Expenditure/Student: $16,928$16,928FY 20231,605 stdsFY 2024 Revenue/Student: $17,152$17,152FY 2024 Expenditure/Student: $19,212$19,212FY 20241,560 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $19,212

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,560 $26,757,000 $29,970,000 $11,527,000 $6,687,000 $15,856,000
FY 2023 1,605 $25,668,000 $27,169,000 $11,254,000 $5,623,000 $16,447,000
FY 2022 1,682 $24,766,000 $23,041,000 $10,608,000 $2,511,000 $10,405,000
FY 2021 1,643 $22,477,000 $21,590,000 $9,887,000 $2,340,000 $10,913,000
FY 2020 1,705 $22,032,000 $21,019,000 $9,516,000 $2,390,000 $11,849,000