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PA Regular Public School District 2 Schools

Otto-Eldred SD

Duke Center, PA 16729 • McKean County • 2 Operating Schools
(814) 817-1380
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 557 students
Census F-33 • FY 2024
Total Revenue
$13,748,000
Total Expenditure
$12,579,000
Classroom Instruction
$6,940,000
Outstanding Debt
$5,115,000

Revenue Sources

State Government Funds: $10,094,000 (73.4%) Local Taxes & Fees: $2,469,000 (18%) Federal Aid: $1,185,000 (8.6%)
State Government Funds $10,094,000 73.4%
Local Taxes & Fees $2,469,000 18%
Federal Aid $1,185,000 8.6%
Total Revenue $13,748,000 100.0%

Expenditure Allocation

Classroom Instruction: $6,940,000 (55.2%) Support Services: $3,960,000 (31.5%) Capital Outlays: $223,000 (1.8%) Other / Operations: $1,456,000 (11.6%)
Classroom Instruction $6,940,000 55.2%
Support Services $3,960,000 31.5%
Capital Outlays $223,000 1.8%
Other / Operations $1,456,000 11.6%
Total Expenditure $12,579,000 100.0%

Financial Comparison & Trends Chart

$0$7,750$15,500$23,250$31,000FY 2020 Revenue/Student: $19,973$19,973FY 2020 Expenditure/Student: $19,608$19,608FY 2020597 stdsFY 2021 Revenue/Student: $21,056$21,056FY 2021 Expenditure/Student: $19,752$19,752FY 2021573 stdsFY 2022 Revenue/Student: $25,132$25,132FY 2022 Expenditure/Student: $26,935$26,935FY 2022539 stdsFY 2023 Revenue/Student: $25,521$25,521FY 2023 Expenditure/Student: $26,195$26,195FY 2023539 stdsFY 2024 Revenue/Student: $24,682$24,682FY 2024 Expenditure/Student: $22,583$22,583FY 2024557 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $26,935

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 557 $13,748,000 $12,579,000 $6,940,000 $223,000 $5,115,000
FY 2023 539 $13,756,000 $14,119,000 $7,122,000 $1,907,000 $5,664,000
FY 2022 539 $13,546,000 $14,518,000 $7,473,000 $1,901,000 $6,066,000
FY 2021 573 $12,065,000 $11,318,000 $6,218,000 $119,000 $2,823,000
FY 2020 597 $11,924,000 $11,706,000 $6,275,000 $359,000 $3,223,000