IN
Regular Public School District
6 Schools
North Spencer County Sch Corp
Lincoln City, IN 47552
•
Spencer County
•
6 Operating Schools
(812) 937-2400
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 2,116 students
Total Revenue
$31,972,000
Total Expenditure
$34,669,000
Classroom Instruction
$13,992,000
Outstanding Debt
$26,685,000
Revenue Sources
| State Government Funds | $18,962,000 | 59.3% | |
| Local Taxes & Fees | $11,420,000 | 35.7% | |
| Federal Aid | $1,590,000 | 5% | |
| Total Revenue | $31,972,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $13,992,000 | 40.4% | |
| Support Services | $7,789,000 | 22.5% | |
| Capital Outlays | $10,039,000 | 29% | |
| Other / Operations | $2,849,000 | 8.2% | |
| Total Expenditure | $34,669,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $16,384
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 2,116 | $31,972,000 | $34,669,000 | $13,992,000 | $10,039,000 | $26,685,000 |
| FY 2023 | 2,118 | $29,093,000 | $28,070,000 | $11,659,000 | $7,272,000 | $14,280,000 |
| FY 2022 | 2,081 | $29,552,000 | $27,801,000 | $12,753,000 | $4,753,000 | $17,710,000 |
| FY 2021 | 2,071 | $30,404,000 | $26,165,000 | $11,797,000 | $5,666,000 | $18,650,000 |
| FY 2020 | 2,091 | $23,577,000 | $24,614,000 | $11,519,000 | $4,713,000 | $9,920,000 |