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SD Regular Public School District 5 Schools

Elkton School District 05-3

Elkton, SD 57026 • Brookings County • 5 Operating Schools
(605) 542-2541
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 453 students
Census F-33 • FY 2024
Total Revenue
$6,865,000
Total Expenditure
$7,189,000
Classroom Instruction
$3,563,000
Outstanding Debt
$3,693,000

Revenue Sources

State Government Funds: $1,336,000 (19.5%) Local Taxes & Fees: $4,966,000 (72.3%) Federal Aid: $563,000 (8.2%)
State Government Funds $1,336,000 19.5%
Local Taxes & Fees $4,966,000 72.3%
Federal Aid $563,000 8.2%
Total Revenue $6,865,000 100.0%

Expenditure Allocation

Classroom Instruction: $3,563,000 (49.6%) Support Services: $1,772,000 (24.6%) Capital Outlays: $1,439,000 (20%) Other / Operations: $415,000 (5.8%)
Classroom Instruction $3,563,000 49.6%
Support Services $1,772,000 24.6%
Capital Outlays $1,439,000 20%
Other / Operations $415,000 5.8%
Total Expenditure $7,189,000 100.0%

Financial Comparison & Trends Chart

$0$4,750$9,500$14,250$19,000FY 2020 Revenue/Student: $12,733$12,733FY 2020 Expenditure/Student: $11,028$11,028FY 2020424 stdsFY 2021 Revenue/Student: $14,764$14,764FY 2021 Expenditure/Student: $14,624$14,624FY 2021415 stdsFY 2022 Revenue/Student: $14,619$14,619FY 2022 Expenditure/Student: $15,370$15,370FY 2022430 stdsFY 2023 Revenue/Student: $14,692$14,692FY 2023 Expenditure/Student: $13,828$13,828FY 2023441 stdsFY 2024 Revenue/Student: $15,155$15,155FY 2024 Expenditure/Student: $15,870$15,870FY 2024453 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $15,870

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 453 $6,865,000 $7,189,000 $3,563,000 $1,439,000 $3,693,000
FY 2023 441 $6,479,000 $6,098,000 $3,048,000 $818,000 $3,897,000
FY 2022 430 $6,286,000 $6,609,000 $2,995,000 $1,515,000 $4,132,000
FY 2021 415 $6,127,000 $6,069,000 $2,553,000 $1,803,000 $4,378,000
FY 2020 424 $5,399,000 $4,676,000 $2,697,000 $190,000 $1,652,000