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NM Regular Public School District 3 Schools

LOVING

LOVING, NM 88256 • Eddy County • 3 Operating Schools
(575) 745-2005
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 699 students
Census F-33 • FY 2024
Total Revenue
$24,649,000
Total Expenditure
$31,148,000
Classroom Instruction
$6,868,000
Outstanding Debt
$32,232,000

Revenue Sources

State Government Funds: $11,212,000 (45.5%) Local Taxes & Fees: $12,089,000 (49%) Federal Aid: $1,348,000 (5.5%)
State Government Funds $11,212,000 45.5%
Local Taxes & Fees $12,089,000 49%
Federal Aid $1,348,000 5.5%
Total Revenue $24,649,000 100.0%

Expenditure Allocation

Classroom Instruction: $6,868,000 (22%) Support Services: $3,682,000 (11.8%) Capital Outlays: $18,813,000 (60.4%) Other / Operations: $1,785,000 (5.7%)
Classroom Instruction $6,868,000 22%
Support Services $3,682,000 11.8%
Capital Outlays $18,813,000 60.4%
Other / Operations $1,785,000 5.7%
Total Expenditure $31,148,000 100.0%

Financial Comparison & Trends Chart

$0$13,000$26,000$39,000$52,000FY 2020 Revenue/Student: $21,566$21,566FY 2020 Expenditure/Student: $13,204$13,204FY 2020638 stdsFY 2021 Revenue/Student: $23,360$23,360FY 2021 Expenditure/Student: $16,128$16,128FY 2021616 stdsFY 2022 Revenue/Student: $30,063$30,063FY 2022 Expenditure/Student: $20,066$20,066FY 2022623 stdsFY 2023 Revenue/Student: $35,376$35,376FY 2023 Expenditure/Student: $26,201$26,201FY 2023647 stdsFY 2024 Revenue/Student: $35,263$35,263FY 2024 Expenditure/Student: $44,561$44,561FY 2024699 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $44,561

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 699 $24,649,000 $31,148,000 $6,868,000 $18,813,000 $32,232,000
FY 2023 647 $22,888,000 $16,952,000 $6,521,000 $5,766,000 $35,320,000
FY 2022 623 $18,729,000 $12,501,000 $4,813,000 $4,383,000 $33,115,000
FY 2021 616 $14,390,000 $9,935,000 $4,726,000 $1,677,000 $3,000,000
FY 2020 638 $13,759,000 $8,424,000 $4,243,000 $1,180,000 $6,750,000