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AR Regular Public School District 2 Schools

MOUNT IDA SCHOOL DISTRICT

Mount Ida, AR 71957 • Montgomery County • 2 Operating Schools
(870) 867-2323
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 434 students
Census F-33 • FY 2024
Total Revenue
$7,434,000
Total Expenditure
$7,526,000
Classroom Instruction
$3,916,000
Outstanding Debt
$3,140,000

Revenue Sources

State Government Funds: $4,577,000 (61.6%) Local Taxes & Fees: $1,230,000 (16.5%) Federal Aid: $1,627,000 (21.9%)
State Government Funds $4,577,000 61.6%
Local Taxes & Fees $1,230,000 16.5%
Federal Aid $1,627,000 21.9%
Total Revenue $7,434,000 100.0%

Expenditure Allocation

Classroom Instruction: $3,916,000 (52%) Support Services: $2,871,000 (38.1%) Capital Outlays: $185,000 (2.5%) Other / Operations: $554,000 (7.4%)
Classroom Instruction $3,916,000 52%
Support Services $2,871,000 38.1%
Capital Outlays $185,000 2.5%
Other / Operations $554,000 7.4%
Total Expenditure $7,526,000 100.0%

Financial Comparison & Trends Chart

$0$5,500$11,000$16,500$22,000FY 2020 Revenue/Student: $12,772$12,772FY 2020 Expenditure/Student: $12,347$12,347FY 2020447 stdsFY 2021 Revenue/Student: $13,649$13,649FY 2021 Expenditure/Student: $13,004$13,004FY 2021447 stdsFY 2022 Revenue/Student: $18,335$18,335FY 2022 Expenditure/Student: $17,526$17,526FY 2022418 stdsFY 2023 Revenue/Student: $15,174$15,174FY 2023 Expenditure/Student: $15,233$15,233FY 2023447 stdsFY 2024 Revenue/Student: $17,129$17,129FY 2024 Expenditure/Student: $17,341$17,341FY 2024434 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $18,335

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 434 $7,434,000 $7,526,000 $3,916,000 $185,000 $3,140,000
FY 2023 447 $6,783,000 $6,809,000 $3,508,000 $120,000 $4,231,000
FY 2022 418 $7,664,000 $7,326,000 $3,675,000 $281,000 $4,046,000
FY 2021 447 $6,101,000 $5,813,000 $2,869,000 $564,000 $3,861,000
FY 2020 447 $5,709,000 $5,519,000 $2,886,000 $286,000 $3,961,000