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NC Regular Public School District 3 Schools

Elkin City Schools

Elkin, NC 28621 • Surry County • 3 Operating Schools
(336) 835-3135
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,253 students
Census F-33 • FY 2024
Total Revenue
$17,268,000
Total Expenditure
$17,397,000
Classroom Instruction
$10,235,000
Outstanding Debt
N/A

Revenue Sources

State Government Funds: $11,793,000 (68.3%) Local Taxes & Fees: $3,728,000 (21.6%) Federal Aid: $1,747,000 (10.1%)
State Government Funds $11,793,000 68.3%
Local Taxes & Fees $3,728,000 21.6%
Federal Aid $1,747,000 10.1%
Total Revenue $17,268,000 100.0%

Expenditure Allocation

Classroom Instruction: $10,235,000 (58.8%) Support Services: $5,901,000 (33.9%) Capital Outlays: $449,000 (2.6%) Other / Operations: $812,000 (4.7%)
Classroom Instruction $10,235,000 58.8%
Support Services $5,901,000 33.9%
Capital Outlays $449,000 2.6%
Other / Operations $812,000 4.7%
Total Expenditure $17,397,000 100.0%

Financial Comparison & Trends Chart

$0$4,250$8,500$12,750$17,000FY 2020 Revenue/Student: $11,068$11,068FY 2020 Expenditure/Student: $10,824$10,824FY 20201,219 stdsFY 2021 Revenue/Student: $11,332$11,332FY 2021 Expenditure/Student: $11,149$11,149FY 20211,239 stdsFY 2022 Revenue/Student: $13,046$13,046FY 2022 Expenditure/Student: $12,847$12,847FY 20221,283 stdsFY 2023 Revenue/Student: $13,646$13,646FY 2023 Expenditure/Student: $14,038$14,038FY 20231,239 stdsFY 2024 Revenue/Student: $13,781$13,781FY 2024 Expenditure/Student: $13,884$13,884FY 20241,253 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $14,038

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,253 $17,268,000 $17,397,000 $10,235,000 $449,000 N/A
FY 2023 1,239 $16,907,000 $17,393,000 $10,641,000 $418,000 N/A
FY 2022 1,283 $16,738,000 $16,483,000 $10,573,000 $279,000 N/A
FY 2021 1,239 $14,040,000 $13,814,000 $8,733,000 $259,000 $0
FY 2020 1,219 $13,492,000 $13,194,000 $7,991,000 $562,000 $0