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SD Regular Public School District 7 Schools

Faulkton Area Schools 24-4

Faulkton, SD 57438 • Faulk County • 7 Operating Schools
(605) 598-6266
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 393 students
Census F-33 • FY 2024
Total Revenue
$6,309,000
Total Expenditure
$5,465,000
Classroom Instruction
$3,141,000
Outstanding Debt
$8,538,000

Revenue Sources

State Government Funds: $1,555,000 (24.6%) Local Taxes & Fees: $4,324,000 (68.5%) Federal Aid: $430,000 (6.8%)
State Government Funds $1,555,000 24.6%
Local Taxes & Fees $4,324,000 68.5%
Federal Aid $430,000 6.8%
Total Revenue $6,309,000 100.0%

Expenditure Allocation

Classroom Instruction: $3,141,000 (57.5%) Support Services: $1,722,000 (31.5%) Capital Outlays: $39,000 (0.7%) Other / Operations: $563,000 (10.3%)
Classroom Instruction $3,141,000 57.5%
Support Services $1,722,000 31.5%
Capital Outlays $39,000 0.7%
Other / Operations $563,000 10.3%
Total Expenditure $5,465,000 100.0%

Financial Comparison & Trends Chart

$0$9,250$18,500$27,750$37,000FY 2020 Revenue/Student: $13,855$13,855FY 2020 Expenditure/Student: $31,671$31,671FY 2020359 stdsFY 2021 Revenue/Student: $14,511$14,511FY 2021 Expenditure/Student: $20,136$20,136FY 2021374 stdsFY 2022 Revenue/Student: $15,405$15,405FY 2022 Expenditure/Student: $14,611$14,611FY 2022383 stdsFY 2023 Revenue/Student: $15,075$15,075FY 2023 Expenditure/Student: $15,345$15,345FY 2023386 stdsFY 2024 Revenue/Student: $16,053$16,053FY 2024 Expenditure/Student: $13,906$13,906FY 2024393 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $31,671

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 393 $6,309,000 $5,465,000 $3,141,000 $39,000 $8,538,000
FY 2023 386 $5,819,000 $5,923,000 $3,016,000 $786,000 $8,851,000
FY 2022 383 $5,900,000 $5,596,000 $3,044,000 $431,000 $9,153,000
FY 2021 374 $5,427,000 $7,531,000 $2,828,000 $2,727,000 $9,442,000
FY 2020 359 $4,974,000 $11,370,000 $2,317,000 $7,283,000 $14,874,000