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OH Regular Public School District 3 Schools

Manchester Local

Akron, OH 44319 • Summit County • 3 Operating Schools
(330) 882-6926
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,214 students
Census F-33 • FY 2024
Total Revenue
$21,414,000
Total Expenditure
$50,785,000
Classroom Instruction
$10,580,000
Outstanding Debt
$45,401,000

Revenue Sources

State Government Funds: $6,327,000 (29.5%) Local Taxes & Fees: $13,459,000 (62.9%) Federal Aid: $1,628,000 (7.6%)
State Government Funds $6,327,000 29.5%
Local Taxes & Fees $13,459,000 62.9%
Federal Aid $1,628,000 7.6%
Total Revenue $21,414,000 100.0%

Expenditure Allocation

Classroom Instruction: $10,580,000 (20.8%) Support Services: $7,197,000 (14.2%) Capital Outlays: $30,528,000 (60.1%) Other / Operations: $2,480,000 (4.9%)
Classroom Instruction $10,580,000 20.8%
Support Services $7,197,000 14.2%
Capital Outlays $30,528,000 60.1%
Other / Operations $2,480,000 4.9%
Total Expenditure $50,785,000 100.0%

Financial Comparison & Trends Chart

$0$12,250$24,500$36,750$49,000FY 2020 Revenue/Student: $14,699$14,699FY 2020 Expenditure/Student: $12,940$12,940FY 20201,279 stdsFY 2021 Revenue/Student: $17,003$17,003FY 2021 Expenditure/Student: $14,300$14,300FY 20211,238 stdsFY 2022 Revenue/Student: $16,961$16,961FY 2022 Expenditure/Student: $15,813$15,813FY 20221,269 stdsFY 2023 Revenue/Student: $16,526$16,526FY 2023 Expenditure/Student: $22,449$22,449FY 20231,278 stdsFY 2024 Revenue/Student: $17,639$17,639FY 2024 Expenditure/Student: $41,833$41,833FY 20241,214 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $41,833

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,214 $21,414,000 $50,785,000 $10,580,000 $30,528,000 $45,401,000
FY 2023 1,278 $21,120,000 $28,690,000 $10,221,000 $9,736,000 $38,057,000
FY 2022 1,269 $21,523,000 $20,067,000 $9,828,000 $1,331,000 $34,688,000
FY 2021 1,238 $21,050,000 $17,704,000 $9,170,000 $630,000 $56,000
FY 2020 1,279 $18,800,000 $16,550,000 $8,801,000 $312,000 $0