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PA Regular Public School District 5 Schools

Oil City Area SD

Oil City, PA 16301 • Venango County • 5 Operating Schools
(814) 676-1867
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,921 students
Census F-33 • FY 2024
Total Revenue
$42,592,000
Total Expenditure
$38,471,000
Classroom Instruction
$21,099,000
Outstanding Debt
$10,660,000

Revenue Sources

State Government Funds: $27,646,000 (64.9%) Local Taxes & Fees: $7,772,000 (18.2%) Federal Aid: $7,174,000 (16.8%)
State Government Funds $27,646,000 64.9%
Local Taxes & Fees $7,772,000 18.2%
Federal Aid $7,174,000 16.8%
Total Revenue $42,592,000 100.0%

Expenditure Allocation

Classroom Instruction: $21,099,000 (54.8%) Support Services: $10,182,000 (26.5%) Capital Outlays: $2,564,000 (6.7%) Other / Operations: $4,626,000 (12%)
Classroom Instruction $21,099,000 54.8%
Support Services $10,182,000 26.5%
Capital Outlays $2,564,000 6.7%
Other / Operations $4,626,000 12%
Total Expenditure $38,471,000 100.0%

Financial Comparison & Trends Chart

$0$7,000$14,000$21,000$28,000FY 2020 Revenue/Student: $18,279$18,279FY 2020 Expenditure/Student: $16,957$16,957FY 20201,877 stdsFY 2021 Revenue/Student: $19,585$19,585FY 2021 Expenditure/Student: $17,466$17,466FY 20211,848 stdsFY 2022 Revenue/Student: $22,993$22,993FY 2022 Expenditure/Student: $24,241$24,241FY 20221,829 stdsFY 2023 Revenue/Student: $21,669$21,669FY 2023 Expenditure/Student: $21,683$21,683FY 20231,835 stdsFY 2024 Revenue/Student: $22,172$22,172FY 2024 Expenditure/Student: $20,027$20,027FY 20241,921 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $24,241

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,921 $42,592,000 $38,471,000 $21,099,000 $2,564,000 $10,660,000
FY 2023 1,835 $39,762,000 $39,788,000 $20,400,000 $4,880,000 $12,200,000
FY 2022 1,829 $42,055,000 $44,337,000 $20,476,000 $10,487,000 $15,160,000
FY 2021 1,848 $36,193,000 $32,277,000 $18,982,000 $1,471,000 $7,145,000
FY 2020 1,877 $34,310,000 $31,829,000 $18,418,000 $448,000 $9,950,000