ME
Regular Public School District
5 Schools
RSU 02
Hallowell, ME 04347
•
Kennebec County
•
5 Operating Schools
(207) 622-6351
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 1,440 students
Total Revenue
$33,431,000
Total Expenditure
$28,353,000
Classroom Instruction
$15,025,000
Outstanding Debt
$14,569,000
Revenue Sources
| State Government Funds | $13,727,000 | 41.1% | |
| Local Taxes & Fees | $16,306,000 | 48.8% | |
| Federal Aid | $3,398,000 | 10.2% | |
| Total Revenue | $33,431,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $15,025,000 | 53% | |
| Support Services | $11,077,000 | 39.1% | |
| Capital Outlays | $413,000 | 1.5% | |
| Other / Operations | $1,838,000 | 6.5% | |
| Total Expenditure | $28,353,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $23,216
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 1,440 | $33,431,000 | $28,353,000 | $15,025,000 | $413,000 | $14,569,000 |
| FY 2023 | 1,902 | $39,381,000 | $35,379,000 | $19,916,000 | $442,000 | $12,837,000 |
| FY 2022 | 1,904 | $33,327,000 | $35,188,000 | $19,842,000 | $557,000 | $14,845,000 |
| FY 2021 | 1,883 | $36,918,000 | $36,386,000 | $19,062,000 | $2,553,000 | $16,867,000 |
| FY 2020 | 1,999 | $33,511,000 | $45,871,000 | $17,356,000 | $15,257,000 | $18,923,000 |