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AR Regular Public School District 2 Schools

SOUTH PIKE COUNTY SCHOOL DISTRICT

MURFREESBORO, AR 71958 • Pike County • 2 Operating Schools
(870) 285-2942
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 671 students
Census F-33 • FY 2024
Total Revenue
$10,460,000
Total Expenditure
$10,834,000
Classroom Instruction
$5,693,000
Outstanding Debt
$5,682,000

Revenue Sources

State Government Funds: $7,721,000 (73.8%) Local Taxes & Fees: $1,412,000 (13.5%) Federal Aid: $1,327,000 (12.7%)
State Government Funds $7,721,000 73.8%
Local Taxes & Fees $1,412,000 13.5%
Federal Aid $1,327,000 12.7%
Total Revenue $10,460,000 100.0%

Expenditure Allocation

Classroom Instruction: $5,693,000 (52.5%) Support Services: $3,906,000 (36.1%) Capital Outlays: $577,000 (5.3%) Other / Operations: $658,000 (6.1%)
Classroom Instruction $5,693,000 52.5%
Support Services $3,906,000 36.1%
Capital Outlays $577,000 5.3%
Other / Operations $658,000 6.1%
Total Expenditure $10,834,000 100.0%

Financial Comparison & Trends Chart

$0$4,750$9,500$14,250$19,000FY 2020 Revenue/Student: $11,489$11,489FY 2020 Expenditure/Student: $11,482$11,482FY 2020711 stdsFY 2021 Revenue/Student: $13,512$13,512FY 2021 Expenditure/Student: $12,852$12,852FY 2021725 stdsFY 2022 Revenue/Student: $14,380$14,380FY 2022 Expenditure/Student: $13,831$13,831FY 2022693 stdsFY 2023 Revenue/Student: $14,682$14,682FY 2023 Expenditure/Student: $14,308$14,308FY 2023655 stdsFY 2024 Revenue/Student: $15,589$15,589FY 2024 Expenditure/Student: $16,146$16,146FY 2024671 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $16,146

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 671 $10,460,000 $10,834,000 $5,693,000 $577,000 $5,682,000
FY 2023 655 $9,617,000 $9,372,000 $5,275,000 $516,000 $3,028,000
FY 2022 693 $9,965,000 $9,585,000 $5,055,000 $584,000 $2,799,000
FY 2021 725 $9,796,000 $9,318,000 $4,734,000 $40,000 $4,193,000
FY 2020 711 $8,169,000 $8,164,000 $4,476,000 $82,000 $3,924,000