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IN Regular Public School District 3 Schools

South Newton School Corp

Kentland, IN 47951 • Newton County • 3 Operating Schools
(219) 474-5184
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 869 students
Census F-33 • FY 2024
Total Revenue
$14,624,000
Total Expenditure
$14,153,000
Classroom Instruction
$6,344,000
Outstanding Debt
$5,385,000

Revenue Sources

State Government Funds: $8,413,000 (57.5%) Local Taxes & Fees: $4,750,000 (32.5%) Federal Aid: $1,461,000 (10%)
State Government Funds $8,413,000 57.5%
Local Taxes & Fees $4,750,000 32.5%
Federal Aid $1,461,000 10%
Total Revenue $14,624,000 100.0%

Expenditure Allocation

Classroom Instruction: $6,344,000 (44.8%) Support Services: $4,799,000 (33.9%) Capital Outlays: $1,963,000 (13.9%) Other / Operations: $1,047,000 (7.4%)
Classroom Instruction $6,344,000 44.8%
Support Services $4,799,000 33.9%
Capital Outlays $1,963,000 13.9%
Other / Operations $1,047,000 7.4%
Total Expenditure $14,153,000 100.0%

Financial Comparison & Trends Chart

$0$5,000$10,000$15,000$20,000FY 2020 Revenue/Student: $14,034$14,034FY 2020 Expenditure/Student: $13,451$13,451FY 2020845 stdsFY 2021 Revenue/Student: $15,615$15,615FY 2021 Expenditure/Student: $14,784$14,784FY 2021834 stdsFY 2022 Revenue/Student: $16,658$16,658FY 2022 Expenditure/Student: $15,845$15,845FY 2022844 stdsFY 2023 Revenue/Student: $16,918$16,918FY 2023 Expenditure/Student: $15,869$15,869FY 2023862 stdsFY 2024 Revenue/Student: $16,829$16,829FY 2024 Expenditure/Student: $16,287$16,287FY 2024869 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $16,918

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 869 $14,624,000 $14,153,000 $6,344,000 $1,963,000 $5,385,000
FY 2023 862 $14,583,000 $13,679,000 $6,238,000 $1,520,000 $6,340,000
FY 2022 844 $14,059,000 $13,373,000 $5,667,000 $2,026,000 $6,020,000
FY 2021 834 $13,023,000 $12,330,000 $5,353,000 $1,597,000 $6,535,000
FY 2020 845 $11,859,000 $11,366,000 $5,252,000 $1,216,000 $5,525,000