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AR Regular Public School District 2 Schools

MIDLAND SCHOOL DISTRICT

PLEASANT PLAINS, AR 72568 • Independence County • 2 Operating Schools
(501) 345-8844
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 455 students
Census F-33 • FY 2024
Total Revenue
$8,204,000
Total Expenditure
$8,294,000
Classroom Instruction
$4,836,000
Outstanding Debt
$5,065,000

Revenue Sources

State Government Funds: $5,700,000 (69.5%) Local Taxes & Fees: $999,000 (12.2%) Federal Aid: $1,505,000 (18.3%)
State Government Funds $5,700,000 69.5%
Local Taxes & Fees $999,000 12.2%
Federal Aid $1,505,000 18.3%
Total Revenue $8,204,000 100.0%

Expenditure Allocation

Classroom Instruction: $4,836,000 (58.3%) Support Services: $2,615,000 (31.5%) Capital Outlays: $9,000 (0.1%) Other / Operations: $834,000 (10.1%)
Classroom Instruction $4,836,000 58.3%
Support Services $2,615,000 31.5%
Capital Outlays $9,000 0.1%
Other / Operations $834,000 10.1%
Total Expenditure $8,294,000 100.0%

Financial Comparison & Trends Chart

$0$5,250$10,500$15,750$21,000FY 2020 Revenue/Student: $12,224$12,224FY 2020 Expenditure/Student: $11,705$11,705FY 2020545 stdsFY 2021 Revenue/Student: $14,779$14,779FY 2021 Expenditure/Student: $14,930$14,930FY 2021471 stdsFY 2022 Revenue/Student: $15,508$15,508FY 2022 Expenditure/Student: $14,934$14,934FY 2022500 stdsFY 2023 Revenue/Student: $15,241$15,241FY 2023 Expenditure/Student: $15,965$15,965FY 2023511 stdsFY 2024 Revenue/Student: $18,031$18,031FY 2024 Expenditure/Student: $18,229$18,229FY 2024455 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $18,229

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 455 $8,204,000 $8,294,000 $4,836,000 $9,000 $5,065,000
FY 2023 511 $7,788,000 $8,158,000 $4,385,000 $82,000 $6,350,000
FY 2022 500 $7,754,000 $7,467,000 $4,021,000 $155,000 $6,067,000
FY 2021 471 $6,961,000 $7,032,000 $3,920,000 $167,000 $5,847,000
FY 2020 545 $6,662,000 $6,379,000 $3,522,000 $108,000 $6,066,000