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ME Regular Public School District 2 Schools

RSU 70/MSAD 70

Hodgdon, ME 04730 • Aroostook County • 2 Operating Schools
(207) 532-3015
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 502 students
Census F-33 • FY 2024
Total Revenue
$9,059,000
Total Expenditure
$9,059,000
Classroom Instruction
$4,265,000
Outstanding Debt
$0

Revenue Sources

State Government Funds: $4,369,000 (48.2%) Local Taxes & Fees: $3,144,000 (34.7%) Federal Aid: $1,546,000 (17.1%)
State Government Funds $4,369,000 48.2%
Local Taxes & Fees $3,144,000 34.7%
Federal Aid $1,546,000 17.1%
Total Revenue $9,059,000 100.0%

Expenditure Allocation

Classroom Instruction: $4,265,000 (47.1%) Support Services: $4,182,000 (46.2%) Capital Outlays: $60,000 (0.7%) Other / Operations: $552,000 (6.1%)
Classroom Instruction $4,265,000 47.1%
Support Services $4,182,000 46.2%
Capital Outlays $60,000 0.7%
Other / Operations $552,000 6.1%
Total Expenditure $9,059,000 100.0%

Financial Comparison & Trends Chart

$0$5,500$11,000$16,500$22,000FY 2020 Revenue/Student: $15,783$15,783FY 2020 Expenditure/Student: $14,598$14,598FY 2020497 stdsFY 2021 Revenue/Student: $18,516$18,516FY 2021 Expenditure/Student: $18,853$18,853FY 2021477 stdsFY 2022 Revenue/Student: $18,240$18,240FY 2022 Expenditure/Student: $18,073$18,073FY 2022479 stdsFY 2023 Revenue/Student: $17,462$17,462FY 2023 Expenditure/Student: $17,072$17,072FY 2023500 stdsFY 2024 Revenue/Student: $18,046$18,046FY 2024 Expenditure/Student: $18,046$18,046FY 2024502 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $18,853

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 502 $9,059,000 $9,059,000 $4,265,000 $60,000 $0
FY 2023 500 $8,731,000 $8,536,000 $4,456,000 $78,000 $1,296,000
FY 2022 479 $8,737,000 $8,657,000 $4,534,000 $264,000 $1,274,000
FY 2021 477 $8,832,000 $8,993,000 $4,379,000 $641,000 $1,274,000
FY 2020 497 $7,844,000 $7,255,000 $3,930,000 $177,000 $1,274,000