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PA Regular Public School District 2 Schools

Smethport Area SD

Smethport, PA 16749 • McKean County • 2 Operating Schools
(814) 887-5543
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 728 students
Census F-33 • FY 2024
Total Revenue
$19,989,000
Total Expenditure
$18,706,000
Classroom Instruction
$9,882,000
Outstanding Debt
$5,820,000

Revenue Sources

State Government Funds: $12,283,000 (61.4%) Local Taxes & Fees: $5,430,000 (27.2%) Federal Aid: $2,276,000 (11.4%)
State Government Funds $12,283,000 61.4%
Local Taxes & Fees $5,430,000 27.2%
Federal Aid $2,276,000 11.4%
Total Revenue $19,989,000 100.0%

Expenditure Allocation

Classroom Instruction: $9,882,000 (52.8%) Support Services: $5,343,000 (28.6%) Capital Outlays: $1,945,000 (10.4%) Other / Operations: $1,536,000 (8.2%)
Classroom Instruction $9,882,000 52.8%
Support Services $5,343,000 28.6%
Capital Outlays $1,945,000 10.4%
Other / Operations $1,536,000 8.2%
Total Expenditure $18,706,000 100.0%

Financial Comparison & Trends Chart

$0$8,000$16,000$24,000$32,000FY 2020 Revenue/Student: $20,441$20,441FY 2020 Expenditure/Student: $18,651$18,651FY 2020791 stdsFY 2021 Revenue/Student: $21,970$21,970FY 2021 Expenditure/Student: $20,961$20,961FY 2021760 stdsFY 2022 Revenue/Student: $24,440$24,440FY 2022 Expenditure/Student: $23,014$23,014FY 2022763 stdsFY 2023 Revenue/Student: $25,683$25,683FY 2023 Expenditure/Student: $23,041$23,041FY 2023758 stdsFY 2024 Revenue/Student: $27,457$27,457FY 2024 Expenditure/Student: $25,695$25,695FY 2024728 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $27,457

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 728 $19,989,000 $18,706,000 $9,882,000 $1,945,000 $5,820,000
FY 2023 758 $19,468,000 $17,465,000 $9,395,000 $1,308,000 $6,410,000
FY 2022 763 $18,648,000 $17,560,000 $9,437,000 $1,629,000 $7,039,000
FY 2021 760 $16,697,000 $15,930,000 $8,889,000 $887,000 $7,605,000
FY 2020 791 $16,169,000 $14,753,000 $8,288,000 $368,000 $8,581,000