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SC Regular Public School District 8 Schools

Florence 03

Lake City, SC 29560 • Florence County • 8 Operating Schools
(843) 374-8652
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 2,908 students
Census F-33 • FY 2024
Total Revenue
$50,892,000
Total Expenditure
$48,626,000
Classroom Instruction
$23,595,000
Outstanding Debt
$1,115,000

Revenue Sources

State Government Funds: $28,552,000 (56.1%) Local Taxes & Fees: $11,655,000 (22.9%) Federal Aid: $10,685,000 (21%)
State Government Funds $28,552,000 56.1%
Local Taxes & Fees $11,655,000 22.9%
Federal Aid $10,685,000 21%
Total Revenue $50,892,000 100.0%

Expenditure Allocation

Classroom Instruction: $23,595,000 (48.5%) Support Services: $20,148,000 (41.4%) Capital Outlays: $1,269,000 (2.6%) Other / Operations: $3,614,000 (7.4%)
Classroom Instruction $23,595,000 48.5%
Support Services $20,148,000 41.4%
Capital Outlays $1,269,000 2.6%
Other / Operations $3,614,000 7.4%
Total Expenditure $48,626,000 100.0%

Financial Comparison & Trends Chart

$0$5,250$10,500$15,750$21,000FY 2020 Revenue/Student: $13,392$13,392FY 2020 Expenditure/Student: $12,838$12,838FY 20203,348 stdsFY 2021 Revenue/Student: $14,614$14,614FY 2021 Expenditure/Student: $13,789$13,789FY 20213,263 stdsFY 2022 Revenue/Student: $16,338$16,338FY 2022 Expenditure/Student: $15,242$15,242FY 20223,140 stdsFY 2023 Revenue/Student: $17,556$17,556FY 2023 Expenditure/Student: $16,478$16,478FY 20232,993 stdsFY 2024 Revenue/Student: $17,501$17,501FY 2024 Expenditure/Student: $16,721$16,721FY 20242,908 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $17,556

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 2,908 $50,892,000 $48,626,000 $23,595,000 $1,269,000 $1,115,000
FY 2023 2,993 $52,545,000 $49,319,000 $24,359,000 $2,436,000 $1,892,000
FY 2022 3,140 $51,300,000 $47,860,000 $25,656,000 $1,708,000 $1,457,000
FY 2021 3,263 $47,687,000 $44,994,000 $22,555,000 $1,676,000 $2,175,000
FY 2020 3,348 $44,837,000 $42,981,000 $20,233,000 $1,625,000 $2,846,000