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AR Regular Public School District 7 Schools

SHERIDAN SCHOOL DISTRICT

Sheridan, AR 72150 • Grant County • 7 Operating Schools
(870) 942-3135
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 4,321 students
Census F-33 • FY 2024
Total Revenue
$52,332,000
Total Expenditure
$48,551,000
Classroom Instruction
$25,508,000
Outstanding Debt
$56,385,000

Revenue Sources

State Government Funds: $40,562,000 (77.5%) Local Taxes & Fees: $6,232,000 (11.9%) Federal Aid: $5,538,000 (10.6%)
State Government Funds $40,562,000 77.5%
Local Taxes & Fees $6,232,000 11.9%
Federal Aid $5,538,000 10.6%
Total Revenue $52,332,000 100.0%

Expenditure Allocation

Classroom Instruction: $25,508,000 (52.5%) Support Services: $17,814,000 (36.7%) Capital Outlays: $746,000 (1.5%) Other / Operations: $4,483,000 (9.2%)
Classroom Instruction $25,508,000 52.5%
Support Services $17,814,000 36.7%
Capital Outlays $746,000 1.5%
Other / Operations $4,483,000 9.2%
Total Expenditure $48,551,000 100.0%

Financial Comparison & Trends Chart

$0$4,000$8,000$12,000$16,000FY 2020 Revenue/Student: $11,166$11,166FY 2020 Expenditure/Student: $13,184$13,184FY 20204,229 stdsFY 2021 Revenue/Student: $11,197$11,197FY 2021 Expenditure/Student: $12,069$12,069FY 20214,183 stdsFY 2022 Revenue/Student: $11,781$11,781FY 2022 Expenditure/Student: $12,418$12,418FY 20224,219 stdsFY 2023 Revenue/Student: $11,671$11,671FY 2023 Expenditure/Student: $11,446$11,446FY 20234,325 stdsFY 2024 Revenue/Student: $12,111$12,111FY 2024 Expenditure/Student: $11,236$11,236FY 20244,321 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $13,184

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 4,321 $52,332,000 $48,551,000 $25,508,000 $746,000 $56,385,000
FY 2023 4,325 $50,478,000 $49,504,000 $23,981,000 $3,976,000 $58,636,000
FY 2022 4,219 $49,702,000 $52,390,000 $22,377,000 $8,123,000 $57,646,000
FY 2021 4,183 $46,838,000 $50,485,000 $21,336,000 $8,926,000 $56,676,000
FY 2020 4,229 $47,219,000 $55,755,000 $20,664,000 $16,804,000 $57,675,000