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IL Regular Public School District 2 Schools

Morris SD 54

Morris, IL 60450 • Grundy County • 2 Operating Schools
(815) 942-0056
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,097 students
Census F-33 • FY 2024
Total Revenue
$20,732,000
Total Expenditure
$18,154,000
Classroom Instruction
$8,095,000
Outstanding Debt
$14,640,000

Revenue Sources

State Government Funds: $7,656,000 (36.9%) Local Taxes & Fees: $11,680,000 (56.3%) Federal Aid: $1,396,000 (6.7%)
State Government Funds $7,656,000 36.9%
Local Taxes & Fees $11,680,000 56.3%
Federal Aid $1,396,000 6.7%
Total Revenue $20,732,000 100.0%

Expenditure Allocation

Classroom Instruction: $8,095,000 (44.6%) Support Services: $6,273,000 (34.6%) Capital Outlays: $636,000 (3.5%) Other / Operations: $3,150,000 (17.4%)
Classroom Instruction $8,095,000 44.6%
Support Services $6,273,000 34.6%
Capital Outlays $636,000 3.5%
Other / Operations $3,150,000 17.4%
Total Expenditure $18,154,000 100.0%

Financial Comparison & Trends Chart

$0$5,750$11,500$17,250$23,000FY 2020 Revenue/Student: $14,435$14,435FY 2020 Expenditure/Student: $11,902$11,902FY 20201,173 stdsFY 2021 Revenue/Student: $14,797$14,797FY 2021 Expenditure/Student: $13,528$13,528FY 20211,122 stdsFY 2022 Revenue/Student: $16,391$16,391FY 2022 Expenditure/Student: $14,632$14,632FY 20221,117 stdsFY 2023 Revenue/Student: $19,256$19,256FY 2023 Expenditure/Student: $17,068$17,068FY 20231,078 stdsFY 2024 Revenue/Student: $18,899$18,899FY 2024 Expenditure/Student: $16,549$16,549FY 20241,097 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $19,256

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,097 $20,732,000 $18,154,000 $8,095,000 $636,000 $14,640,000
FY 2023 1,078 $20,758,000 $18,399,000 $7,326,000 $1,769,000 $15,130,000
FY 2022 1,117 $18,309,000 $16,344,000 $7,025,000 $1,305,000 $19,965,000
FY 2021 1,122 $16,602,000 $15,178,000 $6,832,000 $1,169,000 $17,893,000
FY 2020 1,173 $16,932,000 $13,961,000 $6,254,000 $442,000 $19,030,000