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OH Regular Public School District 3 Schools

New London Local

New London, OH 44851 • Huron County • 3 Operating Schools
(419) 929-1586
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 875 students
Census F-33 • FY 2024
Total Revenue
$16,749,000
Total Expenditure
$17,873,000
Classroom Instruction
$8,761,000
Outstanding Debt
$6,573,000

Revenue Sources

State Government Funds: $8,142,000 (48.6%) Local Taxes & Fees: $6,390,000 (38.2%) Federal Aid: $2,217,000 (13.2%)
State Government Funds $8,142,000 48.6%
Local Taxes & Fees $6,390,000 38.2%
Federal Aid $2,217,000 13.2%
Total Revenue $16,749,000 100.0%

Expenditure Allocation

Classroom Instruction: $8,761,000 (49%) Support Services: $5,979,000 (33.5%) Capital Outlays: $2,225,000 (12.4%) Other / Operations: $908,000 (5.1%)
Classroom Instruction $8,761,000 49%
Support Services $5,979,000 33.5%
Capital Outlays $2,225,000 12.4%
Other / Operations $908,000 5.1%
Total Expenditure $17,873,000 100.0%

Financial Comparison & Trends Chart

$0$6,000$12,000$18,000$24,000FY 2020 Revenue/Student: $15,382$15,382FY 2020 Expenditure/Student: $13,715$13,715FY 2020871 stdsFY 2021 Revenue/Student: $16,724$16,724FY 2021 Expenditure/Student: $14,773$14,773FY 2021836 stdsFY 2022 Revenue/Student: $17,066$17,066FY 2022 Expenditure/Student: $17,629$17,629FY 2022874 stdsFY 2023 Revenue/Student: $18,872$18,872FY 2023 Expenditure/Student: $18,131$18,131FY 2023870 stdsFY 2024 Revenue/Student: $19,142$19,142FY 2024 Expenditure/Student: $20,426$20,426FY 2024875 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $20,426

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 875 $16,749,000 $17,873,000 $8,761,000 $2,225,000 $6,573,000
FY 2023 870 $16,419,000 $15,774,000 $8,352,000 $1,782,000 $2,871,000
FY 2022 874 $14,916,000 $15,408,000 $7,739,000 $2,694,000 $64,000
FY 2021 836 $13,981,000 $12,350,000 $7,546,000 $426,000 $309,000
FY 2020 871 $13,398,000 $11,946,000 $7,095,000 $438,000 $544,000