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SD Regular Public School District 3 Schools

Elk Point-Jefferson School District 61-7

Elk Point, SD 57025 • Union County • 3 Operating Schools
(605) 356-5951
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 690 students
Census F-33 • FY 2024
Total Revenue
$8,842,000
Total Expenditure
$8,967,000
Classroom Instruction
$4,846,000
Outstanding Debt
$0

Revenue Sources

State Government Funds: $3,177,000 (35.9%) Local Taxes & Fees: $5,101,000 (57.7%) Federal Aid: $564,000 (6.4%)
State Government Funds $3,177,000 35.9%
Local Taxes & Fees $5,101,000 57.7%
Federal Aid $564,000 6.4%
Total Revenue $8,842,000 100.0%

Expenditure Allocation

Classroom Instruction: $4,846,000 (54%) Support Services: $2,894,000 (32.3%) Capital Outlays: $726,000 (8.1%) Other / Operations: $501,000 (5.6%)
Classroom Instruction $4,846,000 54%
Support Services $2,894,000 32.3%
Capital Outlays $726,000 8.1%
Other / Operations $501,000 5.6%
Total Expenditure $8,967,000 100.0%

Financial Comparison & Trends Chart

$0$3,750$7,500$11,250$15,000FY 2020 Revenue/Student: $10,955$10,955FY 2020 Expenditure/Student: $11,313$11,313FY 2020684 stdsFY 2021 Revenue/Student: $12,147$12,147FY 2021 Expenditure/Student: $11,160$11,160FY 2021694 stdsFY 2022 Revenue/Student: $12,294$12,294FY 2022 Expenditure/Student: $11,732$11,732FY 2022693 stdsFY 2023 Revenue/Student: $12,260$12,260FY 2023 Expenditure/Student: $12,475$12,475FY 2023688 stdsFY 2024 Revenue/Student: $12,814$12,814FY 2024 Expenditure/Student: $12,996$12,996FY 2024690 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $12,996

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 690 $8,842,000 $8,967,000 $4,846,000 $726,000 $0
FY 2023 688 $8,435,000 $8,583,000 $4,521,000 $643,000 $0
FY 2022 693 $8,520,000 $8,130,000 $4,391,000 $329,000 $0
FY 2021 694 $8,430,000 $7,745,000 $4,289,000 $404,000 $0
FY 2020 684 $7,493,000 $7,738,000 $3,742,000 $1,121,000 $0