IN
Regular Public School District
7 Schools
Madison-Grant United School Corp
Fairmount, IN 46928
•
Grant County
•
7 Operating Schools
(765) 948-4143
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 1,988 students
Total Revenue
$26,204,000
Total Expenditure
$23,740,000
Classroom Instruction
$13,549,000
Outstanding Debt
$33,395,000
Revenue Sources
| State Government Funds | $17,938,000 | 68.5% | |
| Local Taxes & Fees | $6,299,000 | 24% | |
| Federal Aid | $1,967,000 | 7.5% | |
| Total Revenue | $26,204,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $13,549,000 | 57.1% | |
| Support Services | $6,392,000 | 26.9% | |
| Capital Outlays | $2,020,000 | 8.5% | |
| Other / Operations | $1,779,000 | 7.5% | |
| Total Expenditure | $23,740,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $14,975
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 1,988 | $26,204,000 | $23,740,000 | $13,549,000 | $2,020,000 | $33,395,000 |
| FY 2023 | 1,561 | $19,907,000 | $18,680,000 | $9,848,000 | $1,359,000 | $14,729,000 |
| FY 2022 | 1,262 | $18,833,000 | $17,966,000 | $8,524,000 | $2,152,000 | $7,421,000 |
| FY 2021 | 1,073 | $15,338,000 | $16,068,000 | $7,427,000 | $1,362,000 | $8,539,000 |
| FY 2020 | 1,115 | $14,798,000 | $15,261,000 | $6,863,000 | $1,436,000 | $9,026,000 |