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School District Finance Report
COLFAX-MINGO COMMUNITY SCHOOL DISTRICT

COLFAX,

The HomeSurfer School District Finance rating for COLFAX-MINGO COMMUNITY SCHOOL DISTRICT located in COLFAX, is 1.2 out of a possible of 5 points. The HomeSurfer school rating is calculated using factors such as Spending Per Pupil, Capital Spending, and the debt position of the school district. National ranking is weighed more heavily than the state ranking.
Learn more about our rating system.
HomeSurfer School Finance Rating


Spending Per Pupil

COLFAX-MINGO COMMUNITY SCHOOL DISTRICT has a spending per pupil rate of 7940. This compares with a rate of 9369 in and a rate of 9698 nationally.


Spending Per Pupil

District 7940
IA 9369
National 9698

COLFAX-MINGO COMMUNITY SCHOOL DISTRICT is in the 23.7% percentile rank in the state for Spending Per Pupil. It is in the 32.6% percentile rank nationally. Higher numbers are better. In this case, 23.7% of cities in spend the same or less than COLFAX-MINGO COMMUNITY SCHOOL DISTRICT. Said another way, 76.3% of schools in spend more than COLFAX-MINGO COMMUNITY SCHOOL DISTRICT.


  School Report Data

 COLFAX-MINGO COMMUNITY SCH DISTIA
Total Spending Per Pupil
$/pupil7940
9369
Percentile Rank in State 23.7%

Rank in State 283

Percentile Rank in Nation 32.6%

Rank in Nation 10239

Capital Spending
% of budget 2.1%
10.2%
Percentile Rank in State8.8%

Rank in State 352

Percentile Rank in Nation24.1%

Rank in Nation 11429

Budget
Surplus/Deficit Per Pupil -12022
-3871
In Years- 1.4- 0.4
Percentile Rank State10%

Rank in State 334

Percentile Rank in Nation21.1%

Rank in Nation 11430


Ranking of School Districts in on Spending Per Pupil


Balance Sheet Review


The COLFAX-MINGO COMMUNITY SCH DIST balance sheet shows a deficit of -12022 per pupil. This compares with an average deficit of -3871 in . With the average revenue per pupil of 8626 the balance sheet deficit will take -1.394 years to pay off the debt.

School District Profile
COLFAX-MINGO COMMUNITY SCHOOL DISTRICT


Cities

COLFAX,
MINGO,
Schools

COLFAX-MINGO ELEMENTARY SCHOOL
COLFAX-MINGO HIGH SCHOOL
COLFAX-MINGO MIDDLE SCHOOL

school profiles
District Enrollment

853