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PA Regional Education Service Agency

Midwestern IU 4

Grove City, PA 16127 • Mercer County • 0 Operating Schools
(724) 458-6700
Official Website

Fiscal Year 2024 Financial Balance Sheet

Census F-33 • FY 2024
Total Revenue
$37,722,000
Total Expenditure
$39,192,000
Classroom Instruction
$11,784,000
Outstanding Debt
$792,000

Revenue Sources

State Government Funds: $6,812,000 (18.1%) Local Taxes & Fees: $6,068,000 (16.1%) Federal Aid: $24,842,000 (65.9%)
State Government Funds $6,812,000 18.1%
Local Taxes & Fees $6,068,000 16.1%
Federal Aid $24,842,000 65.9%
Total Revenue $37,722,000 100.0%

Expenditure Allocation

Classroom Instruction: $11,784,000 (30.1%) Support Services: $12,673,000 (32.3%) Other / Operations: $14,735,000 (37.6%)
Classroom Instruction $11,784,000 30.1%
Support Services $12,673,000 32.3%
Capital Outlays $0 0%
Other / Operations $14,735,000 37.6%
Total Expenditure $39,192,000 100.0%

Financial Comparison & Trends Chart

$0$0$1$1$1N/AFY 2020Enrollment N/AN/AFY 2021Enrollment N/AN/AFY 2022Enrollment N/AN/AFY 2023Enrollment N/AN/AFY 2024Enrollment N/A
Revenue per Student Expenditure per Student
Peak Per-Pupil: $1

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 N/A $37,722,000 $39,192,000 $11,784,000 $0 $792,000
FY 2023 N/A $37,897,000 $38,673,000 $12,263,000 $39,000 $268,000
FY 2022 N/A $36,963,000 $37,535,000 $12,080,000 $1,310,000 $337,000
FY 2021 N/A $32,206,000 $32,618,000 $11,550,000 $169,000 $80,000
FY 2020 0 $31,702,000 $33,152,000 $11,558,000 $32,000 $75,000