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IN Regular Public School District 3 Schools

MSD Boone Township

Hebron, IN 46341 • Porter County • 3 Operating Schools
(219) 996-4771
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,035 students
Census F-33 • FY 2024
Total Revenue
$16,768,000
Total Expenditure
$18,603,000
Classroom Instruction
$7,111,000
Outstanding Debt
$13,028,000

Revenue Sources

State Government Funds: $9,566,000 (57%) Local Taxes & Fees: $6,397,000 (38.2%) Federal Aid: $805,000 (4.8%)
State Government Funds $9,566,000 57%
Local Taxes & Fees $6,397,000 38.2%
Federal Aid $805,000 4.8%
Total Revenue $16,768,000 100.0%

Expenditure Allocation

Classroom Instruction: $7,111,000 (38.2%) Support Services: $5,845,000 (31.4%) Capital Outlays: $3,343,000 (18%) Other / Operations: $2,304,000 (12.4%)
Classroom Instruction $7,111,000 38.2%
Support Services $5,845,000 31.4%
Capital Outlays $3,343,000 18%
Other / Operations $2,304,000 12.4%
Total Expenditure $18,603,000 100.0%

Financial Comparison & Trends Chart

$0$5,250$10,500$15,750$21,000FY 2020 Revenue/Student: $12,177$12,177FY 2020 Expenditure/Student: $11,196$11,196FY 20201,139 stdsFY 2021 Revenue/Student: $14,143$14,143FY 2021 Expenditure/Student: $12,675$12,675FY 20211,071 stdsFY 2022 Revenue/Student: $14,980$14,980FY 2022 Expenditure/Student: $13,455$13,455FY 20221,029 stdsFY 2023 Revenue/Student: $15,064$15,064FY 2023 Expenditure/Student: $14,493$14,493FY 20231,072 stdsFY 2024 Revenue/Student: $16,201$16,201FY 2024 Expenditure/Student: $17,974$17,974FY 20241,035 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $17,974

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,035 $16,768,000 $18,603,000 $7,111,000 $3,343,000 $13,028,000
FY 2023 1,072 $16,149,000 $15,536,000 $6,596,000 $2,215,000 $15,275,000
FY 2022 1,029 $15,414,000 $13,845,000 $6,160,000 $1,425,000 $18,108,000
FY 2021 1,071 $15,147,000 $13,575,000 $6,014,000 $1,168,000 $19,022,000
FY 2020 1,139 $13,870,000 $12,752,000 $6,003,000 $802,000 $19,623,000