Quick Reference 2019 Fiscal Year Financial Data

June 15th, 2020 /
Shauna Sprunger /
News

Each year, the Business Department prepares the Comprehensive Annual Financial Report (CAFR) and the Popular Annual Financial Report (PAFR), which is then audited and published on our website. For the past 14 years, the Business Department has been recognized for conforming to the highest standards of preparation of state and local government for these reports. The reports, though thorough, can be time consuming and difficult to sift through. Here we are providing a quick reference of important financial data extracted from the full report. The full report can be found on the Business Department’s webpage, in addition to other financial reports published each year.

Expenditures by Function General Fund

This graphic presents the % of the total general fund expenses that is spent on each of the functions/categories. The General Fund is the main operating fund of the school District. As an example, 61% of our total GF (operating) expenditures is spent on instruction, while 2% is spent on District Administration.

Instruction 61%
Students 6%
Instructional Staff 8%
District Administration 2%
School Administration 6%
Business Operations 4%
Building Operation & Maintenance 8%
Student Transportation 2%
Capital Outlay 3%

Expenditures

GF Revenue Sources

This graphic presents the sources of our revenue in the General Fund. In other words, where our operating income comes from. In the General Fund, most of the revenue comes from State funding via the minimum school program (MSP) and the weighted pupil unit (WPU), and local property taxes.

State of Utah 68%
Federal Government 7%
Property Taxes 21%
Other Local Sources 4%

revenue infographic

Legal Debt Margin/Debt Outstanding

This presents how much debt the district is legally allowed to carry vs. the amount of debt already utilized. As of 6/30/19 PCSD’s legal debt maximum was $377 million. Of that, outstanding/issued debt was $108 million, leaving a debt margin of $268 million. The debt margin is the remaining amount of debt the District could legally undertake as of 6/30/19. The amount of debt allowed under law generally increases each year as it is based on fair market value of the property in the district boundaries. Provo City School District is at 29% of the legal debt margin.

Tax Rate by Entity

In Provo, local property taxes are collected and used by several entities. This pie chart presents how much of a Provo resident’s total property tax rate is attributed to Provo City, Provo City School District, Utah County and the Central Water District.

Provo City School District 71%
Provo City 18%
Utah County 7%
Central Ut Water District 4%

tax rate by entity

FY19 Per Student Expenditures

This graphic presents the categories of expenditures on an average per pupil basis. $5,517.04 was spent on instruction, $432.70 on Student Support Services, $513.80 on Instructional Support Services (staff) ,$216.82 on General Adminastrative Support Services, $433.08 on School Administrative Support Services, $466.48 on Central Support Services, $885.86 on Operation and Maintenance Services, $231.65 on Student Transportation Services, $360.07 on School Food Services, $116.52 on Community Services and $261.49 on Facilities/Maintenance.

per student expenditure

Five Year Enrollment

This simply presents five years of enrollment history for PCSD by school.

Five Year Enrollment

School	2015-16	2016-17	2017-18	2018-19	2019-20
Amelia Earhart Elementary	532	523	504	518	523.18
Canyon Crest Elementary	538	547	524	503	508.03
Edgemont Elementary	623	626	645	665	671.65
Provo Peaks Elementary2	592	571	546	504	509.04
Franklin Elementary	472	450	407	383	386.83
Lakeview Elementary1	787	754	813	823	831.23
Provost Elementary	464	472	445	465	469.65
Rock Canyon Elementary	612	623	591	583	588.83
Spring Creek Elementary	486	476	418	411	415.11
Sunset View Elementary	473	561	568	546	551.46
Timpanogos Elementary	758	668	649	629	635.29
Wasatch Elementary	944	892	883	799	806.99
Westridge Elementary	785	806	769	730	737.3
Centennial Middle	1056	1103	1119	1191	1226.73
Dixon Middle	847	869	835	882	926.1
Provo High	1924	1901	1853	1889	1907.89
Timpview High	2058	2114	2173	2162	2205.24
Independence High	259	285	190	200	202

Class Size Average

This shows a comparison of average class sizes for school districts in the area and a state wide average.

Alpine School District 26
Nebo School District 24.57
Provo City School District 22.14

School Building Age

Oldest to newest.

School Name	Build Year
Dixon	1931
Wasatch	1949
Timpview	1974
Westridge	1979
Canyon Crest	1982
Independence	1992
Franklin	1994
Centennial	1996
Amelia Earhart	1999
Spring Creek	2002
Lakeview	2007
Timpanogos	2008*
Provo Peaks	2011*
Rock Canyon	2016*
Sunset View	2016*
Edgemont	2017*
Provo High	2018*
Provost	2018*