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ME Regular Public School District 3 Schools

RSU 64/MSAD 64

East Corinth, ME 04427 • Penobscot County • 3 Operating Schools
(207) 285-3334
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,041 students
Census F-33 • FY 2024
Total Revenue
$19,943,000
Total Expenditure
$18,604,000
Classroom Instruction
$9,089,000
Outstanding Debt
$9,818,000

Revenue Sources

State Government Funds: $11,981,000 (60.1%) Local Taxes & Fees: $5,579,000 (28%) Federal Aid: $2,383,000 (11.9%)
State Government Funds $11,981,000 60.1%
Local Taxes & Fees $5,579,000 28%
Federal Aid $2,383,000 11.9%
Total Revenue $19,943,000 100.0%

Expenditure Allocation

Classroom Instruction: $9,089,000 (48.9%) Support Services: $7,724,000 (41.5%) Capital Outlays: $439,000 (2.4%) Other / Operations: $1,352,000 (7.3%)
Classroom Instruction $9,089,000 48.9%
Support Services $7,724,000 41.5%
Capital Outlays $439,000 2.4%
Other / Operations $1,352,000 7.3%
Total Expenditure $18,604,000 100.0%

Financial Comparison & Trends Chart

$0$5,750$11,500$17,250$23,000FY 2020 Revenue/Student: $15,370$15,370FY 2020 Expenditure/Student: $14,062$14,062FY 20201,059 stdsFY 2021 Revenue/Student: $16,069$16,069FY 2021 Expenditure/Student: $17,305$17,305FY 20211,017 stdsFY 2022 Revenue/Student: $17,022$17,022FY 2022 Expenditure/Student: $15,402$15,402FY 20221,049 stdsFY 2023 Revenue/Student: $17,621$17,621FY 2023 Expenditure/Student: $15,908$15,908FY 20231,067 stdsFY 2024 Revenue/Student: $19,158$19,158FY 2024 Expenditure/Student: $17,871$17,871FY 20241,041 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $19,158

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,041 $19,943,000 $18,604,000 $9,089,000 $439,000 $9,818,000
FY 2023 1,067 $18,802,000 $16,974,000 $9,149,000 $10,000 $16,857,000
FY 2022 1,049 $17,856,000 $16,157,000 $8,792,000 $150,000 $18,154,000
FY 2021 1,017 $16,342,000 $17,599,000 $8,978,000 $1,245,000 $19,451,000
FY 2020 1,059 $16,277,000 $14,892,000 $8,040,000 $361,000 $20,744,000