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SC Regular Public School District 24 Schools

Florence 01

Florence, SC 29501 • Florence County • 24 Operating Schools
(843) 669-4141

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 15,910 students
Census F-33 • FY 2024
Total Revenue
$280,222,000
Total Expenditure
$284,814,000
Classroom Instruction
$125,086,000
Outstanding Debt
$41,545,000

Revenue Sources

State Government Funds: $144,558,000 (51.6%) Local Taxes & Fees: $101,249,000 (36.1%) Federal Aid: $34,415,000 (12.3%)
State Government Funds $144,558,000 51.6%
Local Taxes & Fees $101,249,000 36.1%
Federal Aid $34,415,000 12.3%
Total Revenue $280,222,000 100.0%

Expenditure Allocation

Classroom Instruction: $125,086,000 (43.9%) Support Services: $89,042,000 (31.3%) Capital Outlays: $54,193,000 (19%) Other / Operations: $16,493,000 (5.8%)
Classroom Instruction $125,086,000 43.9%
Support Services $89,042,000 31.3%
Capital Outlays $54,193,000 19%
Other / Operations $16,493,000 5.8%
Total Expenditure $284,814,000 100.0%

Financial Comparison & Trends Chart

$0$5,250$10,500$15,750$21,000FY 2020 Revenue/Student: $13,731$13,731FY 2020 Expenditure/Student: $14,076$14,076FY 202015,936 stdsFY 2021 Revenue/Student: $14,333$14,333FY 2021 Expenditure/Student: $15,998$15,998FY 202115,186 stdsFY 2022 Revenue/Student: $16,881$16,881FY 2022 Expenditure/Student: $16,480$16,480FY 202215,266 stdsFY 2023 Revenue/Student: $16,848$16,848FY 2023 Expenditure/Student: $15,778$15,778FY 202316,024 stdsFY 2024 Revenue/Student: $17,613$17,613FY 2024 Expenditure/Student: $17,902$17,902FY 202415,910 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $17,902

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 15,910 $280,222,000 $284,814,000 $125,086,000 $54,193,000 $41,545,000
FY 2023 16,024 $269,972,000 $252,827,000 $136,940,000 $20,934,000 $37,084,000
FY 2022 15,266 $257,704,000 $251,580,000 $118,593,000 $45,679,000 $30,569,000
FY 2021 15,186 $217,662,000 $242,948,000 $112,754,000 $50,086,000 $34,332,000
FY 2020 15,936 $218,821,000 $224,316,000 $110,787,000 $24,206,000 $35,085,000