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OH Regular Public School District 16 Schools

Lorain City

Lorain, OH 44052 • Lorain County • 16 Operating Schools
(440) 233-2271
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 6,058 students
Census F-33 • FY 2024
Total Revenue
$180,212,000
Total Expenditure
$168,184,000
Classroom Instruction
$87,872,000
Outstanding Debt
$12,629,000

Revenue Sources

State Government Funds: $74,717,000 (41.5%) Local Taxes & Fees: $48,901,000 (27.1%) Federal Aid: $56,594,000 (31.4%)
State Government Funds $74,717,000 41.5%
Local Taxes & Fees $48,901,000 27.1%
Federal Aid $56,594,000 31.4%
Total Revenue $180,212,000 100.0%

Expenditure Allocation

Classroom Instruction: $87,872,000 (52.2%) Support Services: $47,846,000 (28.4%) Capital Outlays: $20,917,000 (12.4%) Other / Operations: $11,549,000 (6.9%)
Classroom Instruction $87,872,000 52.2%
Support Services $47,846,000 28.4%
Capital Outlays $20,917,000 12.4%
Other / Operations $11,549,000 6.9%
Total Expenditure $168,184,000 100.0%

Financial Comparison & Trends Chart

$0$8,750$17,500$26,250$35,000FY 2020 Revenue/Student: $19,508$19,508FY 2020 Expenditure/Student: $20,472$20,472FY 20206,084 stdsFY 2021 Revenue/Student: $21,421$21,421FY 2021 Expenditure/Student: $22,730$22,730FY 20215,724 stdsFY 2022 Revenue/Student: $18,910$18,910FY 2022 Expenditure/Student: $19,504$19,504FY 20225,934 stdsFY 2023 Revenue/Student: $19,850$19,850FY 2023 Expenditure/Student: $22,157$22,157FY 20235,935 stdsFY 2024 Revenue/Student: $29,748$29,748FY 2024 Expenditure/Student: $27,762$27,762FY 20246,058 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $29,748

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 6,058 $180,212,000 $168,184,000 $87,872,000 $20,917,000 $12,629,000
FY 2023 5,935 $117,807,000 $131,501,000 $68,259,000 $7,846,000 $15,724,000
FY 2022 5,934 $112,213,000 $115,738,000 $62,079,000 $4,447,000 $18,634,000
FY 2021 5,724 $122,614,000 $130,109,000 $83,341,000 $2,650,000 $21,374,000
FY 2020 6,084 $118,687,000 $124,549,000 $79,545,000 $1,630,000 $23,911,000