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IL Regular Public School District 2 Schools

Salem SD 111

Salem, IL 62881 • Marion County • 2 Operating Schools
(618) 740-0953
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 937 students
Census F-33 • FY 2024
Total Revenue
$14,127,000
Total Expenditure
$13,843,000
Classroom Instruction
$8,202,000
Outstanding Debt
$6,499,000

Revenue Sources

State Government Funds: $8,512,000 (60.3%) Local Taxes & Fees: $3,849,000 (27.2%) Federal Aid: $1,766,000 (12.5%)
State Government Funds $8,512,000 60.3%
Local Taxes & Fees $3,849,000 27.2%
Federal Aid $1,766,000 12.5%
Total Revenue $14,127,000 100.0%

Expenditure Allocation

Classroom Instruction: $8,202,000 (59.3%) Support Services: $3,679,000 (26.6%) Capital Outlays: $70,000 (0.5%) Other / Operations: $1,892,000 (13.7%)
Classroom Instruction $8,202,000 59.3%
Support Services $3,679,000 26.6%
Capital Outlays $70,000 0.5%
Other / Operations $1,892,000 13.7%
Total Expenditure $13,843,000 100.0%

Financial Comparison & Trends Chart

$0$5,500$11,000$16,500$22,000FY 2020 Revenue/Student: $9,941$9,941FY 2020 Expenditure/Student: $9,358$9,358FY 20201,058 stdsFY 2021 Revenue/Student: $11,940$11,940FY 2021 Expenditure/Student: $14,448$14,448FY 2021966 stdsFY 2022 Revenue/Student: $15,405$15,405FY 2022 Expenditure/Student: $16,049$16,049FY 2022940 stdsFY 2023 Revenue/Student: $17,875$17,875FY 2023 Expenditure/Student: $18,848$18,848FY 2023928 stdsFY 2024 Revenue/Student: $15,077$15,077FY 2024 Expenditure/Student: $14,774$14,774FY 2024937 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $18,848

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 937 $14,127,000 $13,843,000 $8,202,000 $70,000 $6,499,000
FY 2023 928 $16,588,000 $17,491,000 $7,393,000 $5,105,000 $6,816,000
FY 2022 940 $14,481,000 $15,086,000 $6,948,000 $4,029,000 $6,914,000
FY 2021 966 $11,534,000 $13,957,000 $6,396,000 $3,210,000 $7,072,000
FY 2020 1,058 $10,518,000 $9,901,000 $6,115,000 $184,000 $1,899,000