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NC Regular Public School District 8 Schools

Asheboro City Schools

Asheboro, NC 27203 • Randolph County • 8 Operating Schools
(336) 625-5104
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 4,363 students
Census F-33 • FY 2024
Total Revenue
$62,382,000
Total Expenditure
$63,939,000
Classroom Instruction
$36,083,000
Outstanding Debt
N/A

Revenue Sources

State Government Funds: $37,513,000 (60.1%) Local Taxes & Fees: $13,332,000 (21.4%) Federal Aid: $11,537,000 (18.5%)
State Government Funds $37,513,000 60.1%
Local Taxes & Fees $13,332,000 21.4%
Federal Aid $11,537,000 18.5%
Total Revenue $62,382,000 100.0%

Expenditure Allocation

Classroom Instruction: $36,083,000 (56.4%) Support Services: $20,032,000 (31.3%) Capital Outlays: $3,732,000 (5.8%) Other / Operations: $4,092,000 (6.4%)
Classroom Instruction $36,083,000 56.4%
Support Services $20,032,000 31.3%
Capital Outlays $3,732,000 5.8%
Other / Operations $4,092,000 6.4%
Total Expenditure $63,939,000 100.0%

Financial Comparison & Trends Chart

$0$4,750$9,500$14,250$19,000FY 2020 Revenue/Student: $10,839$10,839FY 2020 Expenditure/Student: $10,646$10,646FY 20204,558 stdsFY 2021 Revenue/Student: $11,758$11,758FY 2021 Expenditure/Student: $12,408$12,408FY 20214,448 stdsFY 2022 Revenue/Student: $13,691$13,691FY 2022 Expenditure/Student: $16,451$16,451FY 20224,429 stdsFY 2023 Revenue/Student: $13,555$13,555FY 2023 Expenditure/Student: $13,898$13,898FY 20234,383 stdsFY 2024 Revenue/Student: $14,298$14,298FY 2024 Expenditure/Student: $14,655$14,655FY 20244,363 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $16,451

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 4,363 $62,382,000 $63,939,000 $36,083,000 $3,732,000 N/A
FY 2023 4,383 $59,411,000 $60,917,000 $36,256,000 $3,252,000 N/A
FY 2022 4,429 $60,637,000 $72,863,000 $35,928,000 $15,994,000 N/A
FY 2021 4,448 $52,301,000 $55,192,000 $30,717,000 $6,927,000 $0
FY 2020 4,558 $49,402,000 $48,523,000 $29,848,000 $794,000 $0