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IN Regular Public School District 2 Schools

Southern Wells Com Schools

Poneto, IN 46781 • Wells County • 2 Operating Schools
(765) 728-5537
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 883 students
Census F-33 • FY 2024
Total Revenue
$12,488,000
Total Expenditure
$11,610,000
Classroom Instruction
$5,680,000
Outstanding Debt
$6,805,000

Revenue Sources

State Government Funds: $7,830,000 (62.7%) Local Taxes & Fees: $4,061,000 (32.5%) Federal Aid: $597,000 (4.8%)
State Government Funds $7,830,000 62.7%
Local Taxes & Fees $4,061,000 32.5%
Federal Aid $597,000 4.8%
Total Revenue $12,488,000 100.0%

Expenditure Allocation

Classroom Instruction: $5,680,000 (48.9%) Support Services: $4,154,000 (35.8%) Capital Outlays: $906,000 (7.8%) Other / Operations: $870,000 (7.5%)
Classroom Instruction $5,680,000 48.9%
Support Services $4,154,000 35.8%
Capital Outlays $906,000 7.8%
Other / Operations $870,000 7.5%
Total Expenditure $11,610,000 100.0%

Financial Comparison & Trends Chart

$0$4,250$8,500$12,750$17,000FY 2020 Revenue/Student: $11,842$11,842FY 2020 Expenditure/Student: $13,313$13,313FY 2020868 stdsFY 2021 Revenue/Student: $13,373$13,373FY 2021 Expenditure/Student: $14,630$14,630FY 2021830 stdsFY 2022 Revenue/Student: $14,437$14,437FY 2022 Expenditure/Student: $13,824$13,824FY 2022845 stdsFY 2023 Revenue/Student: $12,778$12,778FY 2023 Expenditure/Student: $12,191$12,191FY 2023889 stdsFY 2024 Revenue/Student: $14,143$14,143FY 2024 Expenditure/Student: $13,148$13,148FY 2024883 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $14,630

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 883 $12,488,000 $11,610,000 $5,680,000 $906,000 $6,805,000
FY 2023 889 $11,360,000 $10,838,000 $5,321,000 $750,000 $7,150,000
FY 2022 845 $12,199,000 $11,681,000 $5,602,000 $860,000 $7,640,000
FY 2021 830 $11,100,000 $12,143,000 $5,328,000 $1,723,000 $7,795,000
FY 2020 868 $10,279,000 $11,556,000 $5,239,000 $1,649,000 $8,085,000