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ME Regular Public School District 1 Schools

Long Island Public Schools

Long Island, ME 04050 • Cumberland County • 1 Operating Schools
(207) 766-4414
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 16 students
Census F-33 • FY 2024
Total Revenue
$637,000
Total Expenditure
$652,000
Classroom Instruction
$270,000
Outstanding Debt
$0

Revenue Sources

State Government Funds: $61,000 (9.6%) Local Taxes & Fees: $554,000 (87%) Federal Aid: $22,000 (3.5%)
State Government Funds $61,000 9.6%
Local Taxes & Fees $554,000 87%
Federal Aid $22,000 3.5%
Total Revenue $637,000 100.0%

Expenditure Allocation

Classroom Instruction: $270,000 (41.4%) Support Services: $194,000 (29.8%) Capital Outlays: $4,000 (0.6%) Other / Operations: $184,000 (28.2%)
Classroom Instruction $270,000 41.4%
Support Services $194,000 29.8%
Capital Outlays $4,000 0.6%
Other / Operations $184,000 28.2%
Total Expenditure $652,000 100.0%

Financial Comparison & Trends Chart

$0$15,500$31,000$46,500$62,000FY 2020 Revenue/Student: $45,000$45,000FY 2020 Expenditure/Student: $42,769$42,769FY 202013 stdsFY 2021 Revenue/Student: $34,353$34,353FY 2021 Expenditure/Student: $34,529$34,529FY 202117 stdsFY 2022 Revenue/Student: $53,467$53,467FY 2022 Expenditure/Student: $39,933$39,933FY 202215 stdsFY 2023 Revenue/Student: $44,929$44,929FY 2023 Expenditure/Student: $47,214$47,214FY 202314 stdsFY 2024 Revenue/Student: $39,813$39,813FY 2024 Expenditure/Student: $40,750$40,750FY 202416 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $53,467

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 16 $637,000 $652,000 $270,000 $4,000 $0
FY 2023 14 $629,000 $661,000 $281,000 $3,000 $0
FY 2022 15 $802,000 $599,000 $285,000 $4,000 $0
FY 2021 17 $584,000 $587,000 $282,000 $0 $0
FY 2020 13 $585,000 $556,000 $274,000 $5,000 $0