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AR Regular Public School District 2 Schools

MINERAL SPRINGS SCHOOL DISTRICT

MINERAL SPRINGS, AR 71851 • Howard County • 2 Operating Schools
(870) 287-4748
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 395 students
Census F-33 • FY 2024
Total Revenue
$9,895,000
Total Expenditure
$11,767,000
Classroom Instruction
$4,955,000
Outstanding Debt
$19,006,000

Revenue Sources

State Government Funds: $6,669,000 (67.4%) Local Taxes & Fees: $2,346,000 (23.7%) Federal Aid: $880,000 (8.9%)
State Government Funds $6,669,000 67.4%
Local Taxes & Fees $2,346,000 23.7%
Federal Aid $880,000 8.9%
Total Revenue $9,895,000 100.0%

Expenditure Allocation

Classroom Instruction: $4,955,000 (42.1%) Support Services: $3,159,000 (26.8%) Capital Outlays: $2,105,000 (17.9%) Other / Operations: $1,548,000 (13.2%)
Classroom Instruction $4,955,000 42.1%
Support Services $3,159,000 26.8%
Capital Outlays $2,105,000 17.9%
Other / Operations $1,548,000 13.2%
Total Expenditure $11,767,000 100.0%

Financial Comparison & Trends Chart

$0$8,750$17,500$26,250$35,000FY 2020 Revenue/Student: $20,290$20,290FY 2020 Expenditure/Student: $19,652$19,652FY 2020411 stdsFY 2021 Revenue/Student: $25,266$25,266FY 2021 Expenditure/Student: $24,142$24,142FY 2021372 stdsFY 2022 Revenue/Student: $29,000$29,000FY 2022 Expenditure/Student: $28,647$28,647FY 2022360 stdsFY 2023 Revenue/Student: $25,389$25,389FY 2023 Expenditure/Student: $24,792$24,792FY 2023375 stdsFY 2024 Revenue/Student: $25,051$25,051FY 2024 Expenditure/Student: $29,790$29,790FY 2024395 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $29,790

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 395 $9,895,000 $11,767,000 $4,955,000 $2,105,000 $19,006,000
FY 2023 375 $9,521,000 $9,297,000 $4,947,000 $367,000 $20,659,000
FY 2022 360 $10,440,000 $10,313,000 $4,427,000 $1,761,000 $19,999,000
FY 2021 372 $9,399,000 $8,981,000 $4,235,000 $844,000 $19,799,000
FY 2020 411 $8,339,000 $8,077,000 $3,764,000 $108,000 $20,574,000