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NC Regular Public School District 38 Schools

Iredell-Statesville Schools

Statesville, NC 28677 • Iredell County • 38 Operating Schools
(704) 872-8931
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 20,721 students
Census F-33 • FY 2024
Total Revenue
$277,653,000
Total Expenditure
$280,802,000
Classroom Instruction
$151,642,000
Outstanding Debt
$135,673,000

Revenue Sources

State Government Funds: $155,405,000 (56%) Local Taxes & Fees: $76,873,000 (27.7%) Federal Aid: $45,375,000 (16.3%)
State Government Funds $155,405,000 56%
Local Taxes & Fees $76,873,000 27.7%
Federal Aid $45,375,000 16.3%
Total Revenue $277,653,000 100.0%

Expenditure Allocation

Classroom Instruction: $151,642,000 (54%) Support Services: $86,009,000 (30.6%) Capital Outlays: $21,230,000 (7.6%) Other / Operations: $21,921,000 (7.8%)
Classroom Instruction $151,642,000 54%
Support Services $86,009,000 30.6%
Capital Outlays $21,230,000 7.6%
Other / Operations $21,921,000 7.8%
Total Expenditure $280,802,000 100.0%

Financial Comparison & Trends Chart

$0$4,000$8,000$12,000$16,000FY 2020 Revenue/Student: $9,921$9,921FY 2020 Expenditure/Student: $10,020$10,020FY 202020,606 stdsFY 2021 Revenue/Student: $11,277$11,277FY 2021 Expenditure/Student: $11,112$11,112FY 202120,163 stdsFY 2022 Revenue/Student: $12,825$12,825FY 2022 Expenditure/Student: $12,479$12,479FY 202220,686 stdsFY 2023 Revenue/Student: $13,274$13,274FY 2023 Expenditure/Student: $12,715$12,715FY 202320,721 stdsFY 2024 Revenue/Student: $13,400$13,400FY 2024 Expenditure/Student: $13,552$13,552FY 202420,721 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $13,552

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 20,721 $277,653,000 $280,802,000 $151,642,000 $21,230,000 $135,673,000
FY 2023 20,721 $275,052,000 $263,469,000 $141,933,000 $20,108,000 $157,414,000
FY 2022 20,686 $265,293,000 $258,132,000 $135,363,000 $25,407,000 $177,971,000
FY 2021 20,163 $227,373,000 $224,056,000 $118,154,000 $24,126,000 $165,528,000
FY 2020 20,606 $204,441,000 $206,477,000 $111,619,000 $14,920,000 $176,819,000