IA
Regular Public School District
5 Schools
Spencer Comm School District
Spencer, IA 51301
•
Clay County
•
5 Operating Schools
(712) 262-8950
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 2,267 students
Total Revenue
$36,284,000
Total Expenditure
$35,030,000
Classroom Instruction
$18,312,000
Outstanding Debt
$20,990,000
Revenue Sources
| State Government Funds | $19,811,000 | 54.6% | |
| Local Taxes & Fees | $14,036,000 | 38.7% | |
| Federal Aid | $2,437,000 | 6.7% | |
| Total Revenue | $36,284,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $18,312,000 | 52.3% | |
| Support Services | $10,533,000 | 30.1% | |
| Capital Outlays | $2,847,000 | 8.1% | |
| Other / Operations | $3,338,000 | 9.5% | |
| Total Expenditure | $35,030,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $16,160
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 2,267 | $36,284,000 | $35,030,000 | $18,312,000 | $2,847,000 | $20,990,000 |
| FY 2023 | 2,341 | $35,776,000 | $33,042,000 | $18,546,000 | $2,370,000 | $22,060,000 |
| FY 2022 | 2,329 | $34,915,000 | $31,861,000 | $17,442,000 | $3,174,000 | $23,038,000 |
| FY 2021 | 2,282 | $32,213,000 | $36,876,000 | $16,561,000 | $9,419,000 | $23,956,000 |
| FY 2020 | 2,247 | $30,432,000 | $29,361,000 | $16,131,000 | $3,478,000 | $24,548,000 |