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IN Regular Public School District 6 Schools

Spencer-Owen Community Schools

Spencer, IN 47460 • Owen County • 6 Operating Schools
(812) 829-2233
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 2,215 students
Census F-33 • FY 2024
Total Revenue
$36,032,000
Total Expenditure
$37,807,000
Classroom Instruction
$16,789,000
Outstanding Debt
$22,995,000

Revenue Sources

State Government Funds: $20,463,000 (56.8%) Local Taxes & Fees: $11,806,000 (32.8%) Federal Aid: $3,763,000 (10.4%)
State Government Funds $20,463,000 56.8%
Local Taxes & Fees $11,806,000 32.8%
Federal Aid $3,763,000 10.4%
Total Revenue $36,032,000 100.0%

Expenditure Allocation

Classroom Instruction: $16,789,000 (44.4%) Support Services: $12,583,000 (33.3%) Capital Outlays: $6,316,000 (16.7%) Other / Operations: $2,119,000 (5.6%)
Classroom Instruction $16,789,000 44.4%
Support Services $12,583,000 33.3%
Capital Outlays $6,316,000 16.7%
Other / Operations $2,119,000 5.6%
Total Expenditure $37,807,000 100.0%

Financial Comparison & Trends Chart

$0$5,000$10,000$15,000$20,000FY 2020 Revenue/Student: $13,348$13,348FY 2020 Expenditure/Student: $13,254$13,254FY 20202,374 stdsFY 2021 Revenue/Student: $14,314$14,314FY 2021 Expenditure/Student: $14,465$14,465FY 20212,214 stdsFY 2022 Revenue/Student: $15,946$15,946FY 2022 Expenditure/Student: $14,954$14,954FY 20222,202 stdsFY 2023 Revenue/Student: $16,179$16,179FY 2023 Expenditure/Student: $15,880$15,880FY 20232,238 stdsFY 2024 Revenue/Student: $16,267$16,267FY 2024 Expenditure/Student: $17,069$17,069FY 20242,215 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $17,069

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 2,215 $36,032,000 $37,807,000 $16,789,000 $6,316,000 $22,995,000
FY 2023 2,238 $36,208,000 $35,540,000 $16,314,000 $4,315,000 $17,765,000
FY 2022 2,202 $35,114,000 $32,929,000 $15,563,000 $4,067,000 $22,125,000
FY 2021 2,214 $31,692,000 $32,025,000 $15,243,000 $3,797,000 $18,590,000
FY 2020 2,374 $31,687,000 $31,465,000 $14,588,000 $4,391,000 $21,360,000