Skip to main content
AR Regular Public School District 3 Schools

QUITMAN SCHOOL DISTRICT

Quitman, AR 72131 • Cleburne County • 3 Operating Schools
(501) 589-3156

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 870 students
Census F-33 • FY 2024
Total Revenue
$12,566,000
Total Expenditure
$11,794,000
Classroom Instruction
$6,793,000
Outstanding Debt
$10,960,000

Revenue Sources

State Government Funds: $8,908,000 (70.9%) Local Taxes & Fees: $2,321,000 (18.5%) Federal Aid: $1,337,000 (10.6%)
State Government Funds $8,908,000 70.9%
Local Taxes & Fees $2,321,000 18.5%
Federal Aid $1,337,000 10.6%
Total Revenue $12,566,000 100.0%

Expenditure Allocation

Classroom Instruction: $6,793,000 (57.6%) Support Services: $3,755,000 (31.8%) Capital Outlays: $332,000 (2.8%) Other / Operations: $914,000 (7.7%)
Classroom Instruction $6,793,000 57.6%
Support Services $3,755,000 31.8%
Capital Outlays $332,000 2.8%
Other / Operations $914,000 7.7%
Total Expenditure $11,794,000 100.0%

Financial Comparison & Trends Chart

$0$4,500$9,000$13,500$18,000FY 2020 Revenue/Student: $12,594$12,594FY 2020 Expenditure/Student: $10,485$10,485FY 2020746 stdsFY 2021 Revenue/Student: $10,782$10,782FY 2021 Expenditure/Student: $11,189$11,189FY 2021748 stdsFY 2022 Revenue/Student: $14,410$14,410FY 2022 Expenditure/Student: $15,480$15,480FY 2022817 stdsFY 2023 Revenue/Student: $12,494$12,494FY 2023 Expenditure/Student: $12,154$12,154FY 2023882 stdsFY 2024 Revenue/Student: $14,444$14,444FY 2024 Expenditure/Student: $13,556$13,556FY 2024870 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $15,480

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 870 $12,566,000 $11,794,000 $6,793,000 $332,000 $10,960,000
FY 2023 882 $11,020,000 $10,720,000 $5,742,000 $1,134,000 $9,510,000
FY 2022 817 $11,773,000 $12,647,000 $5,057,000 $3,829,000 $8,960,000
FY 2021 748 $8,065,000 $8,369,000 $4,311,000 $567,000 $8,690,000
FY 2020 746 $9,395,000 $7,822,000 $4,281,000 $653,000 $10,790,000