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IA Regular Public School District 2 Schools

Northwood-Kensett Comm School District

Northwood, IA 50459 • Worth County • 2 Operating Schools
(641) 324-2021
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 575 students
Census F-33 • FY 2024
Total Revenue
$10,387,000
Total Expenditure
$8,991,000
Classroom Instruction
$4,405,000
Outstanding Debt
$6,948,000

Revenue Sources

State Government Funds: $4,435,000 (42.7%) Local Taxes & Fees: $5,357,000 (51.6%) Federal Aid: $595,000 (5.7%)
State Government Funds $4,435,000 42.7%
Local Taxes & Fees $5,357,000 51.6%
Federal Aid $595,000 5.7%
Total Revenue $10,387,000 100.0%

Expenditure Allocation

Classroom Instruction: $4,405,000 (49%) Support Services: $2,845,000 (31.6%) Capital Outlays: $926,000 (10.3%) Other / Operations: $815,000 (9.1%)
Classroom Instruction $4,405,000 49%
Support Services $2,845,000 31.6%
Capital Outlays $926,000 10.3%
Other / Operations $815,000 9.1%
Total Expenditure $8,991,000 100.0%

Financial Comparison & Trends Chart

$0$6,250$12,500$18,750$25,000FY 2020 Revenue/Student: $14,267$14,267FY 2020 Expenditure/Student: $11,930$11,930FY 2020599 stdsFY 2021 Revenue/Student: $16,168$16,168FY 2021 Expenditure/Student: $15,227$15,227FY 2021578 stdsFY 2022 Revenue/Student: $17,383$17,383FY 2022 Expenditure/Student: $21,134$21,134FY 2022580 stdsFY 2023 Revenue/Student: $16,520$16,520FY 2023 Expenditure/Student: $14,955$14,955FY 2023594 stdsFY 2024 Revenue/Student: $18,064$18,064FY 2024 Expenditure/Student: $15,637$15,637FY 2024575 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $21,134

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 575 $10,387,000 $8,991,000 $4,405,000 $926,000 $6,948,000
FY 2023 594 $9,813,000 $8,883,000 $4,300,000 $1,062,000 $7,592,000
FY 2022 580 $10,082,000 $12,258,000 $4,355,000 $4,701,000 $8,229,000
FY 2021 578 $9,345,000 $8,801,000 $4,169,000 $1,714,000 $8,854,000
FY 2020 599 $8,546,000 $7,146,000 $3,760,000 $537,000 $5,460,000