VA
Regular Public School District
9 Schools
Isle of Wight County Public Schools
Smithfield, VA 23430
•
Isle of Wight County
•
9 Operating Schools
(757) 357-8841
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 5,588 students
Total Revenue
$86,126,000
Total Expenditure
$85,015,000
Classroom Instruction
$48,882,000
Outstanding Debt
$7,785,000
Revenue Sources
| State Government Funds | $44,825,000 | 52% | |
| Local Taxes & Fees | $34,386,000 | 39.9% | |
| Federal Aid | $6,915,000 | 8% | |
| Total Revenue | $86,126,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $48,882,000 | 57.5% | |
| Support Services | $29,173,000 | 34.3% | |
| Capital Outlays | $2,206,000 | 2.6% | |
| Other / Operations | $4,754,000 | 5.6% | |
| Total Expenditure | $85,015,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $15,413
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 5,588 | $86,126,000 | $85,015,000 | $48,882,000 | $2,206,000 | $7,785,000 |
| FY 2023 | 5,627 | $82,109,000 | $81,509,000 | $44,264,000 | $3,590,000 | $7,785,000 |
| FY 2022 | 5,619 | $77,340,000 | $77,792,000 | $42,810,000 | $4,273,000 | $7,785,000 |
| FY 2021 | 5,396 | $69,877,000 | $69,395,000 | $36,519,000 | $3,959,000 | $7,785,000 |
| FY 2020 | 5,630 | $67,478,000 | $67,947,000 | $38,977,000 | $3,486,000 | $7,785,000 |