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IA Regular Public School District 2 Schools

North Union Comm School District

Armstrong, IA 50514 • Emmet County • 2 Operating Schools
(712) 868-3550
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 311 students
Census F-33 • FY 2024
Total Revenue
$8,178,000
Total Expenditure
$7,432,000
Classroom Instruction
$2,680,000
Outstanding Debt
$215,000

Revenue Sources

State Government Funds: $2,626,000 (32.1%) Local Taxes & Fees: $5,148,000 (62.9%) Federal Aid: $404,000 (4.9%)
State Government Funds $2,626,000 32.1%
Local Taxes & Fees $5,148,000 62.9%
Federal Aid $404,000 4.9%
Total Revenue $8,178,000 100.0%

Expenditure Allocation

Classroom Instruction: $2,680,000 (36.1%) Support Services: $2,019,000 (27.2%) Capital Outlays: $975,000 (13.1%) Other / Operations: $1,758,000 (23.7%)
Classroom Instruction $2,680,000 36.1%
Support Services $2,019,000 27.2%
Capital Outlays $975,000 13.1%
Other / Operations $1,758,000 23.7%
Total Expenditure $7,432,000 100.0%

Financial Comparison & Trends Chart

$0$7,750$15,500$23,250$31,000FY 2020 Revenue/Student: $21,676$21,676FY 2020 Expenditure/Student: $19,204$19,204FY 2020343 stdsFY 2021 Revenue/Student: $22,896$22,896FY 2021 Expenditure/Student: $21,964$21,964FY 2021336 stdsFY 2022 Revenue/Student: $24,686$24,686FY 2022 Expenditure/Student: $21,013$21,013FY 2022318 stdsFY 2023 Revenue/Student: $24,662$24,662FY 2023 Expenditure/Student: $21,360$21,360FY 2023325 stdsFY 2024 Revenue/Student: $26,296$26,296FY 2024 Expenditure/Student: $23,897$23,897FY 2024311 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $26,296

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 311 $8,178,000 $7,432,000 $2,680,000 $975,000 $215,000
FY 2023 325 $8,015,000 $6,942,000 $2,699,000 $631,000 $306,000
FY 2022 318 $7,850,000 $6,682,000 $2,570,000 $588,000 $389,000
FY 2021 336 $7,693,000 $7,380,000 $2,896,000 $1,209,000 $1,500,000
FY 2020 343 $7,435,000 $6,587,000 $2,613,000 $892,000 $1,366,000