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PA Regular Public School District 2 Schools

Valley Grove SD

Franklin, PA 16323 • Venango County • 2 Operating Schools
(814) 432-4919
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 854 students
Census F-33 • FY 2024
Total Revenue
$18,181,000
Total Expenditure
$18,516,000
Classroom Instruction
$9,596,000
Outstanding Debt
$2,674,000

Revenue Sources

State Government Funds: $12,274,000 (67.5%) Local Taxes & Fees: $4,430,000 (24.4%) Federal Aid: $1,477,000 (8.1%)
State Government Funds $12,274,000 67.5%
Local Taxes & Fees $4,430,000 24.4%
Federal Aid $1,477,000 8.1%
Total Revenue $18,181,000 100.0%

Expenditure Allocation

Classroom Instruction: $9,596,000 (51.8%) Support Services: $5,258,000 (28.4%) Capital Outlays: $1,835,000 (9.9%) Other / Operations: $1,827,000 (9.9%)
Classroom Instruction $9,596,000 51.8%
Support Services $5,258,000 28.4%
Capital Outlays $1,835,000 9.9%
Other / Operations $1,827,000 9.9%
Total Expenditure $18,516,000 100.0%

Financial Comparison & Trends Chart

$0$6,500$13,000$19,500$26,000FY 2020 Revenue/Student: $18,461$18,461FY 2020 Expenditure/Student: $19,781$19,781FY 2020798 stdsFY 2021 Revenue/Student: $18,259$18,259FY 2021 Expenditure/Student: $18,373$18,373FY 2021817 stdsFY 2022 Revenue/Student: $19,975$19,975FY 2022 Expenditure/Student: $20,037$20,037FY 2022790 stdsFY 2023 Revenue/Student: $21,962$21,962FY 2023 Expenditure/Student: $21,594$21,594FY 2023812 stdsFY 2024 Revenue/Student: $21,289$21,289FY 2024 Expenditure/Student: $21,681$21,681FY 2024854 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $21,962

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 854 $18,181,000 $18,516,000 $9,596,000 $1,835,000 $2,674,000
FY 2023 812 $17,833,000 $17,534,000 $9,200,000 $1,133,000 $3,226,000
FY 2022 790 $15,780,000 $15,829,000 $9,086,000 $23,000 $2,222,000
FY 2021 817 $14,918,000 $15,011,000 $8,802,000 $279,000 $2,749,000
FY 2020 798 $14,732,000 $15,785,000 $8,348,000 $1,482,000 $3,175,000