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VA Regular Public School District 7 Schools

Grayson County Public Schools

Independence, VA 24348 • Grayson County • 7 Operating Schools
(276) 773-2832
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,576 students
Census F-33 • FY 2024
Total Revenue
$29,957,000
Total Expenditure
$29,185,000
Classroom Instruction
$14,841,000
Outstanding Debt
$11,825,000

Revenue Sources

State Government Funds: $16,607,000 (55.4%) Local Taxes & Fees: $8,440,000 (28.2%) Federal Aid: $4,910,000 (16.4%)
State Government Funds $16,607,000 55.4%
Local Taxes & Fees $8,440,000 28.2%
Federal Aid $4,910,000 16.4%
Total Revenue $29,957,000 100.0%

Expenditure Allocation

Classroom Instruction: $14,841,000 (50.9%) Support Services: $9,292,000 (31.8%) Capital Outlays: $3,134,000 (10.7%) Other / Operations: $1,918,000 (6.6%)
Classroom Instruction $14,841,000 50.9%
Support Services $9,292,000 31.8%
Capital Outlays $3,134,000 10.7%
Other / Operations $1,918,000 6.6%
Total Expenditure $29,185,000 100.0%

Financial Comparison & Trends Chart

$0$6,250$12,500$18,750$25,000FY 2020 Revenue/Student: $14,274$14,274FY 2020 Expenditure/Student: $13,952$13,952FY 20201,556 stdsFY 2021 Revenue/Student: $16,030$16,030FY 2021 Expenditure/Student: $15,525$15,525FY 20211,517 stdsFY 2022 Revenue/Student: $17,706$17,706FY 2022 Expenditure/Student: $16,993$16,993FY 20221,530 stdsFY 2023 Revenue/Student: $21,142$21,142FY 2023 Expenditure/Student: $19,045$19,045FY 20231,561 stdsFY 2024 Revenue/Student: $19,008$19,008FY 2024 Expenditure/Student: $18,518$18,518FY 20241,576 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $21,142

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,576 $29,957,000 $29,185,000 $14,841,000 $3,134,000 $11,825,000
FY 2023 1,561 $33,002,000 $29,729,000 $14,518,000 $3,294,000 $13,180,000
FY 2022 1,530 $27,090,000 $25,999,000 $13,102,000 $3,234,000 $14,535,000
FY 2021 1,517 $24,318,000 $23,551,000 $12,390,000 $1,718,000 $15,925,000
FY 2020 1,556 $22,211,000 $21,710,000 $11,835,000 $819,000 $17,321,000