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OH Regular Public School District 4 Schools

Springfield Local

Akron, OH 44312 • Summit County • 4 Operating Schools
(330) 798-1111
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,799 students
Census F-33 • FY 2024
Total Revenue
$34,790,000
Total Expenditure
$31,170,000
Classroom Instruction
$15,618,000
Outstanding Debt
$26,596,000

Revenue Sources

State Government Funds: $10,992,000 (31.6%) Local Taxes & Fees: $19,940,000 (57.3%) Federal Aid: $3,858,000 (11.1%)
State Government Funds $10,992,000 31.6%
Local Taxes & Fees $19,940,000 57.3%
Federal Aid $3,858,000 11.1%
Total Revenue $34,790,000 100.0%

Expenditure Allocation

Classroom Instruction: $15,618,000 (50.1%) Support Services: $10,513,000 (33.7%) Capital Outlays: $1,814,000 (5.8%) Other / Operations: $3,225,000 (10.3%)
Classroom Instruction $15,618,000 50.1%
Support Services $10,513,000 33.7%
Capital Outlays $1,814,000 5.8%
Other / Operations $3,225,000 10.3%
Total Expenditure $31,170,000 100.0%

Financial Comparison & Trends Chart

$0$5,750$11,500$17,250$23,000FY 2020 Revenue/Student: $14,225$14,225FY 2020 Expenditure/Student: $16,356$16,356FY 20202,202 stdsFY 2021 Revenue/Student: $15,607$15,607FY 2021 Expenditure/Student: $16,035$16,035FY 20212,058 stdsFY 2022 Revenue/Student: $18,104$18,104FY 2022 Expenditure/Student: $15,133$15,133FY 20221,888 stdsFY 2023 Revenue/Student: $19,039$19,039FY 2023 Expenditure/Student: $16,645$16,645FY 20231,775 stdsFY 2024 Revenue/Student: $19,339$19,339FY 2024 Expenditure/Student: $17,326$17,326FY 20241,799 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $19,339

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,799 $34,790,000 $31,170,000 $15,618,000 $1,814,000 $26,596,000
FY 2023 1,775 $33,795,000 $29,545,000 $15,401,000 $1,374,000 $26,846,000
FY 2022 1,888 $34,180,000 $28,572,000 $15,507,000 $595,000 $27,080,000
FY 2021 2,058 $32,120,000 $33,000,000 $18,253,000 $1,197,000 $27,080,000
FY 2020 2,202 $31,324,000 $36,016,000 $18,568,000 $3,144,000 $33,997,000