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AR Regular Public School District 2 Schools

SALEM SCHOOL DISTRICT

SALEM, AR 72576 • Fulton County • 2 Operating Schools
(870) 895-2516
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 851 students
Census F-33 • FY 2024
Total Revenue
$10,808,000
Total Expenditure
$10,511,000
Classroom Instruction
$5,724,000
Outstanding Debt
$0

Revenue Sources

State Government Funds: $8,380,000 (77.5%) Local Taxes & Fees: $1,074,000 (9.9%) Federal Aid: $1,354,000 (12.5%)
State Government Funds $8,380,000 77.5%
Local Taxes & Fees $1,074,000 9.9%
Federal Aid $1,354,000 12.5%
Total Revenue $10,808,000 100.0%

Expenditure Allocation

Classroom Instruction: $5,724,000 (54.5%) Support Services: $3,676,000 (35%) Capital Outlays: $239,000 (2.3%) Other / Operations: $872,000 (8.3%)
Classroom Instruction $5,724,000 54.5%
Support Services $3,676,000 35%
Capital Outlays $239,000 2.3%
Other / Operations $872,000 8.3%
Total Expenditure $10,511,000 100.0%

Financial Comparison & Trends Chart

$0$3,750$7,500$11,250$15,000FY 2020 Revenue/Student: $10,503$10,503FY 2020 Expenditure/Student: $10,272$10,272FY 2020841 stdsFY 2021 Revenue/Student: $10,791$10,791FY 2021 Expenditure/Student: $10,752$10,752FY 2021850 stdsFY 2022 Revenue/Student: $12,265$12,265FY 2022 Expenditure/Student: $12,031$12,031FY 2022850 stdsFY 2023 Revenue/Student: $12,336$12,336FY 2023 Expenditure/Student: $12,304$12,304FY 2023876 stdsFY 2024 Revenue/Student: $12,700$12,700FY 2024 Expenditure/Student: $12,351$12,351FY 2024851 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $12,700

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 851 $10,808,000 $10,511,000 $5,724,000 $239,000 $0
FY 2023 876 $10,806,000 $10,778,000 $5,501,000 $1,036,000 $0
FY 2022 850 $10,425,000 $10,226,000 $5,202,000 $1,027,000 $0
FY 2021 850 $9,172,000 $9,139,000 $4,905,000 $768,000 $0
FY 2020 841 $8,833,000 $8,639,000 $4,402,000 $1,104,000 $0