NM
Regular Public School District
3 Schools
MAGDALENA
MAGDALENA, NM 87825
•
Socorro County
•
3 Operating Schools
(575) 854-2241
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 299 students
Total Revenue
$13,004,000
Total Expenditure
$10,234,000
Classroom Instruction
$4,756,000
Outstanding Debt
$1,269,000
Revenue Sources
| State Government Funds | $7,522,000 | 57.8% | |
| Local Taxes & Fees | $739,000 | 5.7% | |
| Federal Aid | $4,743,000 | 36.5% | |
| Total Revenue | $13,004,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $4,756,000 | 46.5% | |
| Support Services | $4,026,000 | 39.3% | |
| Capital Outlays | $961,000 | 9.4% | |
| Other / Operations | $491,000 | 4.8% | |
| Total Expenditure | $10,234,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $43,492
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 299 | $13,004,000 | $10,234,000 | $4,756,000 | $961,000 | $1,269,000 |
| FY 2023 | 285 | $9,842,000 | $9,281,000 | $4,204,000 | $751,000 | $1,344,000 |
| FY 2022 | 280 | $7,868,000 | $8,634,000 | $4,065,000 | $644,000 | $620,000 |
| FY 2021 | 281 | $7,682,000 | $7,503,000 | $3,422,000 | $503,000 | $800,000 |
| FY 2020 | 329 | $8,308,000 | $7,210,000 | $3,568,000 | $414,000 | $1,010,000 |