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IN Regular Public School District 3 Schools

Tipton Community School Corp

Tipton, IN 46072 • Tipton County • 3 Operating Schools
(765) 675-2147
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,409 students
Census F-33 • FY 2024
Total Revenue
$23,207,000
Total Expenditure
$32,036,000
Classroom Instruction
$9,998,000
Outstanding Debt
$38,555,000

Revenue Sources

State Government Funds: $13,281,000 (57.2%) Local Taxes & Fees: $8,741,000 (37.7%) Federal Aid: $1,185,000 (5.1%)
State Government Funds $13,281,000 57.2%
Local Taxes & Fees $8,741,000 37.7%
Federal Aid $1,185,000 5.1%
Total Revenue $23,207,000 100.0%

Expenditure Allocation

Classroom Instruction: $9,998,000 (31.2%) Support Services: $7,414,000 (23.1%) Capital Outlays: $13,993,000 (43.7%) Other / Operations: $631,000 (2%)
Classroom Instruction $9,998,000 31.2%
Support Services $7,414,000 23.1%
Capital Outlays $13,993,000 43.7%
Other / Operations $631,000 2%
Total Expenditure $32,036,000 100.0%

Financial Comparison & Trends Chart

$0$7,000$14,000$21,000$28,000FY 2020 Revenue/Student: $12,657$12,657FY 2020 Expenditure/Student: $13,975$13,975FY 20201,500 stdsFY 2021 Revenue/Student: $13,944$13,944FY 2021 Expenditure/Student: $15,323$15,323FY 20211,435 stdsFY 2022 Revenue/Student: $15,332$15,332FY 2022 Expenditure/Student: $16,266$16,266FY 20221,444 stdsFY 2023 Revenue/Student: $14,424$14,424FY 2023 Expenditure/Student: $23,536$23,536FY 20231,442 stdsFY 2024 Revenue/Student: $16,471$16,471FY 2024 Expenditure/Student: $22,737$22,737FY 20241,409 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $23,536

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,409 $23,207,000 $32,036,000 $9,998,000 $13,993,000 $38,555,000
FY 2023 1,442 $20,799,000 $33,939,000 $9,005,000 $17,742,000 $28,190,000
FY 2022 1,444 $22,139,000 $23,488,000 $9,801,000 $6,225,000 $14,065,000
FY 2021 1,435 $20,010,000 $21,989,000 $9,961,000 $4,475,000 $15,125,000
FY 2020 1,500 $18,985,000 $20,963,000 $9,183,000 $4,891,000 $17,095,000