Skip to main content
OH Regular Public School District 3 Schools

Lakeview Local

Cortland, OH 44410 • Trumbull County • 3 Operating Schools
(330) 637-8741
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,510 students
Census F-33 • FY 2024
Total Revenue
$20,617,000
Total Expenditure
$20,511,000
Classroom Instruction
$11,116,000
Outstanding Debt
$21,315,000

Revenue Sources

State Government Funds: $7,771,000 (37.7%) Local Taxes & Fees: $12,184,000 (59.1%) Federal Aid: $662,000 (3.2%)
State Government Funds $7,771,000 37.7%
Local Taxes & Fees $12,184,000 59.1%
Federal Aid $662,000 3.2%
Total Revenue $20,617,000 100.0%

Expenditure Allocation

Classroom Instruction: $11,116,000 (54.2%) Support Services: $6,433,000 (31.4%) Capital Outlays: $249,000 (1.2%) Other / Operations: $2,713,000 (13.2%)
Classroom Instruction $11,116,000 54.2%
Support Services $6,433,000 31.4%
Capital Outlays $249,000 1.2%
Other / Operations $2,713,000 13.2%
Total Expenditure $20,511,000 100.0%

Financial Comparison & Trends Chart

$0$4,250$8,500$12,750$17,000FY 2020 Revenue/Student: $11,564$11,564FY 2020 Expenditure/Student: $12,490$12,490FY 20201,646 stdsFY 2021 Revenue/Student: $12,852$12,852FY 2021 Expenditure/Student: $13,600$13,600FY 20211,524 stdsFY 2022 Revenue/Student: $13,489$13,489FY 2022 Expenditure/Student: $13,572$13,572FY 20221,534 stdsFY 2023 Revenue/Student: $12,826$12,826FY 2023 Expenditure/Student: $13,995$13,995FY 20231,572 stdsFY 2024 Revenue/Student: $13,654$13,654FY 2024 Expenditure/Student: $13,583$13,583FY 20241,510 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $13,995

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,510 $20,617,000 $20,511,000 $11,116,000 $249,000 $21,315,000
FY 2023 1,572 $20,163,000 $22,000,000 $11,423,000 $667,000 $21,541,000
FY 2022 1,534 $20,692,000 $20,819,000 $11,515,000 $59,000 $21,575,000
FY 2021 1,524 $19,587,000 $20,726,000 $11,339,000 $145,000 $22,015,000
FY 2020 1,646 $19,035,000 $20,559,000 $11,108,000 $379,000 $22,414,000