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IA Regular Public School District 6 Schools

Wapsie Valley Comm School District

Fairbank, IA 50629 • Bremer County • 6 Operating Schools
(319) 638-6711
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 680 students
Census F-33 • FY 2024
Total Revenue
$11,779,000
Total Expenditure
$10,760,000
Classroom Instruction
$6,244,000
Outstanding Debt
$2,840,000

Revenue Sources

State Government Funds: $6,079,000 (51.6%) Local Taxes & Fees: $5,361,000 (45.5%) Federal Aid: $339,000 (2.9%)
State Government Funds $6,079,000 51.6%
Local Taxes & Fees $5,361,000 45.5%
Federal Aid $339,000 2.9%
Total Revenue $11,779,000 100.0%

Expenditure Allocation

Classroom Instruction: $6,244,000 (58%) Support Services: $2,701,000 (25.1%) Capital Outlays: $951,000 (8.8%) Other / Operations: $864,000 (8%)
Classroom Instruction $6,244,000 58%
Support Services $2,701,000 25.1%
Capital Outlays $951,000 8.8%
Other / Operations $864,000 8%
Total Expenditure $10,760,000 100.0%

Financial Comparison & Trends Chart

$0$5,000$10,000$15,000$20,000FY 2020 Revenue/Student: $13,704$13,704FY 2020 Expenditure/Student: $12,219$12,219FY 2020753 stdsFY 2021 Revenue/Student: $14,673$14,673FY 2021 Expenditure/Student: $13,271$13,271FY 2021738 stdsFY 2022 Revenue/Student: $15,588$15,588FY 2022 Expenditure/Student: $14,415$14,415FY 2022743 stdsFY 2023 Revenue/Student: $17,161$17,161FY 2023 Expenditure/Student: $16,078$16,078FY 2023709 stdsFY 2024 Revenue/Student: $17,322$17,322FY 2024 Expenditure/Student: $15,824$15,824FY 2024680 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $17,322

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 680 $11,779,000 $10,760,000 $6,244,000 $951,000 $2,840,000
FY 2023 709 $12,167,000 $11,399,000 $6,346,000 $1,483,000 $3,345,000
FY 2022 743 $11,582,000 $10,710,000 $6,225,000 $1,091,000 $4,657,000
FY 2021 738 $10,829,000 $9,794,000 $5,776,000 $891,000 $5,477,000
FY 2020 753 $10,319,000 $9,201,000 $5,207,000 $1,026,000 $6,062,000