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School District Finance Report
NEW LONDON LOCAL SCHOOL DISTRICT


The HomeSurfer School District Finance rating for NEW LONDON LOCAL SCHOOL DISTRICT is 3.2 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

NEW LONDON LOCAL SCHOOL DISTRICT has a spending per pupil rate of 8927. This compares with a rate of 10348 in and a rate of 9698 nationally.


Spending Per Pupil

District 8927
OH 10348
National 9698

NEW LONDON LOCAL SCHOOL DISTRICT is in the 61.7% percentile rank in the state for Spending Per Pupil. It is in the 50.3% percentile rank nationally. Higher numbers are better. In this case, 61.7% of cities in spend the same or less than NEW LONDON LOCAL SCHOOL DISTRICT. Said another way, 38.3% of schools in spend more than NEW LONDON LOCAL SCHOOL DISTRICT.


  School Report Data

 NEW LONDON LOCAL SCH DISTOH
Total Spending Per Pupil
$/pupil8927
10348
Percentile Rank in State 61.7%

Rank in State 278

Percentile Rank in Nation 50.3%

Rank in Nation 7554

Capital Spending
% of budget 16.1%
12.3%
Percentile Rank in State81.2%

Rank in State 150

Percentile Rank in Nation84.8%

Rank in Nation 2285

Budget
Surplus/Deficit Per Pupil -3386
-4822
In Years- 0.4- 0.5
Percentile Rank State35.2%

Rank in State 456

Percentile Rank in Nation49.5%

Rank in Nation 7314


Ranking of School Districts in on Spending Per Pupil


Balance Sheet Review


The NEW LONDON LOCAL SCH DIST balance sheet shows a deficit of -3386 per pupil. This compares with an average deficit of -4822 in . With the average revenue per pupil of 8042 the balance sheet deficit will take -0.421 years to pay off the debt.

School District Profile
NEW LONDON LOCAL SCHOOL DISTRICT


Cities

NEW LONDON,
Schools

NEW LONDON ELEMENTARY SCHOOL
NEW LONDON HIGH SCHOOL
NEW LONDON MIDDLE SCHOOL

school profiles
District Enrollment

1169