AR
Regular Public School District
5 Schools
MAGNOLIA SCHOOL DISTRICT
MAGNOLIA, AR 71753
•
Columbia County
•
5 Operating Schools
(870) 234-4933
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 2,631 students
Total Revenue
$39,138,000
Total Expenditure
$38,493,000
Classroom Instruction
$18,468,000
Outstanding Debt
$27,916,000
Revenue Sources
| State Government Funds | $26,432,000 | 67.5% | |
| Local Taxes & Fees | $4,987,000 | 12.7% | |
| Federal Aid | $7,719,000 | 19.7% | |
| Total Revenue | $39,138,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $18,468,000 | 48% | |
| Support Services | $14,758,000 | 38.3% | |
| Capital Outlays | $1,974,000 | 5.1% | |
| Other / Operations | $3,293,000 | 8.6% | |
| Total Expenditure | $38,493,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $15,148
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 2,631 | $39,138,000 | $38,493,000 | $18,468,000 | $1,974,000 | $27,916,000 |
| FY 2023 | 2,662 | $40,323,000 | $39,082,000 | $19,382,000 | $2,398,000 | $28,370,000 |
| FY 2022 | 2,704 | $35,540,000 | $35,917,000 | $17,115,000 | $1,991,000 | $27,416,000 |
| FY 2021 | 2,693 | $34,951,000 | $38,918,000 | $17,255,000 | $6,529,000 | $26,748,000 |
| FY 2020 | 2,788 | $30,095,000 | $38,989,000 | $15,137,000 | $11,163,000 | $29,039,000 |