KY
Regular Public School District
11 Schools
Covington Independent
Covington, KY 41011
•
Kenton County
•
11 Operating Schools
(859) 392-1000
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 3,585 students
Total Revenue
$79,675,000
Total Expenditure
$80,145,000
Classroom Instruction
$34,075,000
Outstanding Debt
$14,625,000
Revenue Sources
| State Government Funds | $29,234,000 | 36.7% | |
| Local Taxes & Fees | $25,119,000 | 31.5% | |
| Federal Aid | $25,322,000 | 31.8% | |
| Total Revenue | $79,675,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $34,075,000 | 42.5% | |
| Support Services | $25,195,000 | 31.4% | |
| Capital Outlays | $14,209,000 | 17.7% | |
| Other / Operations | $6,666,000 | 8.3% | |
| Total Expenditure | $80,145,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $22,356
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 3,585 | $79,675,000 | $80,145,000 | $34,075,000 | $14,209,000 | $14,625,000 |
| FY 2023 | 3,665 | $79,553,000 | $72,994,000 | $33,238,000 | $7,764,000 | $14,431,000 |
| FY 2022 | 3,743 | $69,050,000 | $65,920,000 | $32,323,000 | $4,506,000 | $16,422,000 |
| FY 2021 | 3,796 | $62,365,000 | $63,401,000 | $29,995,000 | $6,064,000 | $17,542,000 |
| FY 2020 | 4,119 | $58,418,000 | $60,744,000 | $30,791,000 | $2,685,000 | $19,565,000 |