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AR Regular Public School District 2 Schools

PALESTINE WHEATLEY SCHOOL DISTRICT

PALESTINE, AR 72372 • St. Francis County • 2 Operating Schools
(870) 581-2646

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 815 students
Census F-33 • FY 2024
Total Revenue
$10,990,000
Total Expenditure
$11,019,000
Classroom Instruction
$5,483,000
Outstanding Debt
$5,785,000

Revenue Sources

State Government Funds: $8,469,000 (77.1%) Local Taxes & Fees: $956,000 (8.7%) Federal Aid: $1,565,000 (14.2%)
State Government Funds $8,469,000 77.1%
Local Taxes & Fees $956,000 8.7%
Federal Aid $1,565,000 14.2%
Total Revenue $10,990,000 100.0%

Expenditure Allocation

Classroom Instruction: $5,483,000 (49.8%) Support Services: $3,736,000 (33.9%) Capital Outlays: $990,000 (9%) Other / Operations: $810,000 (7.4%)
Classroom Instruction $5,483,000 49.8%
Support Services $3,736,000 33.9%
Capital Outlays $990,000 9%
Other / Operations $810,000 7.4%
Total Expenditure $11,019,000 100.0%

Financial Comparison & Trends Chart

$0$6,250$12,500$18,750$25,000FY 2020 Revenue/Student: $19,193$19,193FY 2020 Expenditure/Student: $21,568$21,568FY 2020828 stdsFY 2021 Revenue/Student: $13,096$13,096FY 2021 Expenditure/Student: $13,302$13,302FY 2021809 stdsFY 2022 Revenue/Student: $11,468$11,468FY 2022 Expenditure/Student: $14,779$14,779FY 2022807 stdsFY 2023 Revenue/Student: $13,365$13,365FY 2023 Expenditure/Student: $15,550$15,550FY 2023775 stdsFY 2024 Revenue/Student: $13,485$13,485FY 2024 Expenditure/Student: $13,520$13,520FY 2024815 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $21,568

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 815 $10,990,000 $11,019,000 $5,483,000 $990,000 $5,785,000
FY 2023 775 $10,358,000 $12,051,000 $5,101,000 $2,231,000 $7,030,000
FY 2022 807 $9,255,000 $11,927,000 $4,285,000 $4,187,000 $6,705,000
FY 2021 809 $10,595,000 $10,761,000 $4,007,000 $3,240,000 $6,580,000
FY 2020 828 $15,892,000 $17,858,000 $3,809,000 $11,399,000 $6,820,000