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MT Regular Public School District 1 Schools

McCormick Elem

Troy, MT 59935 • Lincoln County • 1 Operating Schools
(406) 295-4982

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 18 students
Census F-33 • FY 2024
Total Revenue
$507,000
Total Expenditure
$492,000
Classroom Instruction
$129,000
Outstanding Debt
$0

Revenue Sources

State Government Funds: $132,000 (26%) Local Taxes & Fees: $122,000 (24.1%) Federal Aid: $253,000 (49.9%)
State Government Funds $132,000 26%
Local Taxes & Fees $122,000 24.1%
Federal Aid $253,000 49.9%
Total Revenue $507,000 100.0%

Expenditure Allocation

Classroom Instruction: $129,000 (26.2%) Support Services: $204,000 (41.5%) Capital Outlays: $155,000 (31.5%) Other / Operations: $4,000 (0.8%)
Classroom Instruction $129,000 26.2%
Support Services $204,000 41.5%
Capital Outlays $155,000 31.5%
Other / Operations $4,000 0.8%
Total Expenditure $492,000 100.0%

Financial Comparison & Trends Chart

$0$8,250$16,500$24,750$33,000FY 2020 Revenue/Student: $20,083$20,083FY 2020 Expenditure/Student: $20,750$20,750FY 202012 stdsFY 2021 Revenue/Student: $13,100$13,100FY 2021 Expenditure/Student: $13,450$13,450FY 202120 stdsFY 2022 Revenue/Student: $22,474$22,474FY 2022 Expenditure/Student: $22,474$22,474FY 202219 stdsFY 2023 Revenue/Student: $24,846$24,846FY 2023 Expenditure/Student: $25,462$25,462FY 202313 stdsFY 2024 Revenue/Student: $28,167$28,167FY 2024 Expenditure/Student: $27,333$27,333FY 202418 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $28,167

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 18 $507,000 $492,000 $129,000 $155,000 $0
FY 2023 13 $323,000 $331,000 $144,000 $0 $0
FY 2022 19 $427,000 $427,000 $204,000 $23,000 $0
FY 2021 20 $262,000 $269,000 $136,000 $18,000 $0
FY 2020 12 $241,000 $249,000 $112,000 $10,000 $0