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SD Regular Public School District 3 Schools

Florence School District 14-1

Florence, SD 57235 • Codington County • 3 Operating Schools
(605) 758-2412
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 332 students
Census F-33 • FY 2024
Total Revenue
$4,798,000
Total Expenditure
$5,577,000
Classroom Instruction
$2,174,000
Outstanding Debt
$2,996,000

Revenue Sources

State Government Funds: $2,779,000 (57.9%) Local Taxes & Fees: $1,595,000 (33.2%) Federal Aid: $424,000 (8.8%)
State Government Funds $2,779,000 57.9%
Local Taxes & Fees $1,595,000 33.2%
Federal Aid $424,000 8.8%
Total Revenue $4,798,000 100.0%

Expenditure Allocation

Classroom Instruction: $2,174,000 (39%) Support Services: $1,481,000 (26.6%) Capital Outlays: $1,647,000 (29.5%) Other / Operations: $275,000 (4.9%)
Classroom Instruction $2,174,000 39%
Support Services $1,481,000 26.6%
Capital Outlays $1,647,000 29.5%
Other / Operations $275,000 4.9%
Total Expenditure $5,577,000 100.0%

Financial Comparison & Trends Chart

$0$5,000$10,000$15,000$20,000FY 2020 Revenue/Student: $11,715$11,715FY 2020 Expenditure/Student: $10,766$10,766FY 2020291 stdsFY 2021 Revenue/Student: $12,913$12,913FY 2021 Expenditure/Student: $11,162$11,162FY 2021309 stdsFY 2022 Revenue/Student: $12,664$12,664FY 2022 Expenditure/Student: $12,599$12,599FY 2022307 stdsFY 2023 Revenue/Student: $13,461$13,461FY 2023 Expenditure/Student: $14,403$14,403FY 2023308 stdsFY 2024 Revenue/Student: $14,452$14,452FY 2024 Expenditure/Student: $16,798$16,798FY 2024332 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $16,798

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 332 $4,798,000 $5,577,000 $2,174,000 $1,647,000 $2,996,000
FY 2023 308 $4,146,000 $4,436,000 $2,020,000 $825,000 $3,207,000
FY 2022 307 $3,888,000 $3,868,000 $1,911,000 $253,000 $2,240,000
FY 2021 309 $3,990,000 $3,449,000 $1,779,000 $368,000 $2,486,000
FY 2020 291 $3,409,000 $3,133,000 $1,626,000 $209,000 $2,685,000