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IN Regular Public School District 4 Schools

North Newton School Corp

Morocco, IN 47963 • Newton County • 4 Operating Schools
(219) 285-2228
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,041 students
Census F-33 • FY 2024
Total Revenue
$18,906,000
Total Expenditure
$18,727,000
Classroom Instruction
$8,262,000
Outstanding Debt
$13,696,000

Revenue Sources

State Government Funds: $10,722,000 (56.7%) Local Taxes & Fees: $7,428,000 (39.3%) Federal Aid: $756,000 (4%)
State Government Funds $10,722,000 56.7%
Local Taxes & Fees $7,428,000 39.3%
Federal Aid $756,000 4%
Total Revenue $18,906,000 100.0%

Expenditure Allocation

Classroom Instruction: $8,262,000 (44.1%) Support Services: $6,317,000 (33.7%) Capital Outlays: $2,830,000 (15.1%) Other / Operations: $1,318,000 (7%)
Classroom Instruction $8,262,000 44.1%
Support Services $6,317,000 33.7%
Capital Outlays $2,830,000 15.1%
Other / Operations $1,318,000 7%
Total Expenditure $18,727,000 100.0%

Financial Comparison & Trends Chart

$0$5,250$10,500$15,750$21,000FY 2020 Revenue/Student: $14,877$14,877FY 2020 Expenditure/Student: $15,814$15,814FY 20201,148 stdsFY 2021 Revenue/Student: $15,719$15,719FY 2021 Expenditure/Student: $15,571$15,571FY 20211,129 stdsFY 2022 Revenue/Student: $16,069$16,069FY 2022 Expenditure/Student: $15,340$15,340FY 20221,169 stdsFY 2023 Revenue/Student: $17,388$17,388FY 2023 Expenditure/Student: $16,926$16,926FY 20231,113 stdsFY 2024 Revenue/Student: $18,161$18,161FY 2024 Expenditure/Student: $17,989$17,989FY 20241,041 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $18,161

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,041 $18,906,000 $18,727,000 $8,262,000 $2,830,000 $13,696,000
FY 2023 1,113 $19,353,000 $18,839,000 $8,021,000 $2,983,000 $15,954,000
FY 2022 1,169 $18,785,000 $17,933,000 $7,140,000 $3,248,000 $19,423,000
FY 2021 1,129 $17,747,000 $17,580,000 $6,616,000 $3,867,000 $20,193,000
FY 2020 1,148 $17,079,000 $18,155,000 $6,728,000 $4,403,000 $17,223,000