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IA Regular Public School District 1 Schools

Morning Sun Comm School District

Morning Sun, IA 52640 • Louisa County • 1 Operating Schools
(319) 868-7701
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 127 students
Census F-33 • FY 2024
Total Revenue
$3,546,000
Total Expenditure
$3,093,000
Classroom Instruction
$1,282,000
Outstanding Debt
$0

Revenue Sources

State Government Funds: $1,843,000 (52%) Local Taxes & Fees: $1,532,000 (43.2%) Federal Aid: $171,000 (4.8%)
State Government Funds $1,843,000 52%
Local Taxes & Fees $1,532,000 43.2%
Federal Aid $171,000 4.8%
Total Revenue $3,546,000 100.0%

Expenditure Allocation

Classroom Instruction: $1,282,000 (41.4%) Support Services: $597,000 (19.3%) Capital Outlays: $245,000 (7.9%) Other / Operations: $969,000 (31.3%)
Classroom Instruction $1,282,000 41.4%
Support Services $597,000 19.3%
Capital Outlays $245,000 7.9%
Other / Operations $969,000 31.3%
Total Expenditure $3,093,000 100.0%

Financial Comparison & Trends Chart

$0$9,000$18,000$27,000$36,000FY 2020 Revenue/Student: $24,985$24,985FY 2020 Expenditure/Student: $19,854$19,854FY 2020130 stdsFY 2021 Revenue/Student: $30,737$30,737FY 2021 Expenditure/Student: $22,939$22,939FY 2021114 stdsFY 2022 Revenue/Student: $28,746$28,746FY 2022 Expenditure/Student: $22,164$22,164FY 2022122 stdsFY 2023 Revenue/Student: $29,040$29,040FY 2023 Expenditure/Student: $22,339$22,339FY 2023124 stdsFY 2024 Revenue/Student: $27,921$27,921FY 2024 Expenditure/Student: $24,354$24,354FY 2024127 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $30,737

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 127 $3,546,000 $3,093,000 $1,282,000 $245,000 $0
FY 2023 124 $3,601,000 $2,770,000 $1,287,000 $96,000 $0
FY 2022 122 $3,507,000 $2,704,000 $1,248,000 $155,000 $0
FY 2021 114 $3,504,000 $2,615,000 $1,198,000 $129,000 $0
FY 2020 130 $3,248,000 $2,581,000 $1,109,000 $196,000 $0