MA
Regular Public School District
2 Schools
King Philip
Norfolk, MA 02056
•
Norfolk County
•
2 Operating Schools
(508) 520-7991
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 1,849 students
Total Revenue
$50,489,000
Total Expenditure
$50,607,000
Classroom Instruction
$28,801,000
Outstanding Debt
$2,700,000
Revenue Sources
| State Government Funds | $15,382,000 | 30.5% | |
| Local Taxes & Fees | $32,757,000 | 64.9% | |
| Federal Aid | $2,350,000 | 4.7% | |
| Total Revenue | $50,489,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $28,801,000 | 56.9% | |
| Support Services | $17,496,000 | 34.6% | |
| Capital Outlays | $1,791,000 | 3.5% | |
| Other / Operations | $2,519,000 | 5% | |
| Total Expenditure | $50,607,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $27,370
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 1,849 | $50,489,000 | $50,607,000 | $28,801,000 | $1,791,000 | $2,700,000 |
| FY 2023 | 1,841 | $48,416,000 | $47,534,000 | $29,782,000 | $240,000 | $4,060,000 |
| FY 2022 | 1,874 | $46,922,000 | $45,535,000 | $26,524,000 | $239,000 | $5,425,000 |
| FY 2021 | 1,946 | $46,058,000 | $44,154,000 | $24,675,000 | $784,000 | $6,795,000 |
| FY 2020 | 1,979 | $43,638,000 | $41,878,000 | $24,152,000 | $570,000 | $8,165,000 |