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IA Regular Public School District 3 Schools

Red Oak Comm School District

Red Oak, IA 51566 • Montgomery County • 3 Operating Schools
(712) 623-6600
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,013 students
Census F-33 • FY 2024
Total Revenue
$18,591,000
Total Expenditure
$16,770,000
Classroom Instruction
$7,948,000
Outstanding Debt
$20,055,000

Revenue Sources

State Government Funds: $9,216,000 (49.6%) Local Taxes & Fees: $8,102,000 (43.6%) Federal Aid: $1,273,000 (6.8%)
State Government Funds $9,216,000 49.6%
Local Taxes & Fees $8,102,000 43.6%
Federal Aid $1,273,000 6.8%
Total Revenue $18,591,000 100.0%

Expenditure Allocation

Classroom Instruction: $7,948,000 (47.4%) Support Services: $5,299,000 (31.6%) Capital Outlays: $824,000 (4.9%) Other / Operations: $2,699,000 (16.1%)
Classroom Instruction $7,948,000 47.4%
Support Services $5,299,000 31.6%
Capital Outlays $824,000 4.9%
Other / Operations $2,699,000 16.1%
Total Expenditure $16,770,000 100.0%

Financial Comparison & Trends Chart

$0$6,000$12,000$18,000$24,000FY 2020 Revenue/Student: $15,409$15,409FY 2020 Expenditure/Student: $20,465$20,465FY 20201,075 stdsFY 2021 Revenue/Student: $16,772$16,772FY 2021 Expenditure/Student: $14,000$14,000FY 20211,056 stdsFY 2022 Revenue/Student: $17,739$17,739FY 2022 Expenditure/Student: $13,951$13,951FY 20221,093 stdsFY 2023 Revenue/Student: $18,110$18,110FY 2023 Expenditure/Student: $15,197$15,197FY 20231,044 stdsFY 2024 Revenue/Student: $18,352$18,352FY 2024 Expenditure/Student: $16,555$16,555FY 20241,013 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $20,465

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,013 $18,591,000 $16,770,000 $7,948,000 $824,000 $20,055,000
FY 2023 1,044 $18,907,000 $15,866,000 $8,025,000 $603,000 $21,855,000
FY 2022 1,093 $19,389,000 $15,248,000 $7,824,000 $939,000 $23,380,000
FY 2021 1,056 $17,711,000 $14,784,000 $7,729,000 $565,000 $25,000,000
FY 2020 1,075 $16,565,000 $22,000,000 $7,451,000 $8,323,000 $26,420,000