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SC Regular Public School District 15 Schools

Cherokee 01

Gaffney, SC 29341 • Cherokee County • 15 Operating Schools
(864) 206-2233
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 7,712 students
Census F-33 • FY 2024
Total Revenue
$139,775,000
Total Expenditure
$125,039,000
Classroom Instruction
$65,681,000
Outstanding Debt
$15,624,000

Revenue Sources

State Government Funds: $64,898,000 (46.4%) Local Taxes & Fees: $57,289,000 (41%) Federal Aid: $17,588,000 (12.6%)
State Government Funds $64,898,000 46.4%
Local Taxes & Fees $57,289,000 41%
Federal Aid $17,588,000 12.6%
Total Revenue $139,775,000 100.0%

Expenditure Allocation

Classroom Instruction: $65,681,000 (52.5%) Support Services: $39,945,000 (31.9%) Capital Outlays: $8,141,000 (6.5%) Other / Operations: $11,272,000 (9%)
Classroom Instruction $65,681,000 52.5%
Support Services $39,945,000 31.9%
Capital Outlays $8,141,000 6.5%
Other / Operations $11,272,000 9%
Total Expenditure $125,039,000 100.0%

Financial Comparison & Trends Chart

$0$5,250$10,500$15,750$21,000FY 2020 Revenue/Student: $13,144$13,144FY 2020 Expenditure/Student: $12,644$12,644FY 20208,682 stdsFY 2021 Revenue/Student: $14,837$14,837FY 2021 Expenditure/Student: $13,786$13,786FY 20217,882 stdsFY 2022 Revenue/Student: $16,876$16,876FY 2022 Expenditure/Student: $15,161$15,161FY 20227,792 stdsFY 2023 Revenue/Student: $17,987$17,987FY 2023 Expenditure/Student: $15,506$15,506FY 20237,925 stdsFY 2024 Revenue/Student: $18,124$18,124FY 2024 Expenditure/Student: $16,214$16,214FY 20247,712 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $18,124

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 7,712 $139,775,000 $125,039,000 $65,681,000 $8,141,000 $15,624,000
FY 2023 7,925 $142,544,000 $122,887,000 $63,908,000 $10,728,000 $23,537,000
FY 2022 7,792 $131,497,000 $118,136,000 $65,301,000 $5,242,000 $36,628,000
FY 2021 7,882 $116,945,000 $108,663,000 $58,965,000 $3,948,000 $37,385,000
FY 2020 8,682 $114,120,000 $109,777,000 $56,887,000 $8,111,000 $41,604,000