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NC Regular Public School District 17 Schools

Lenoir County Public Schools

Kinston, NC 28504 • Lenoir County • 17 Operating Schools
(252) 527-1109
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 8,372 students
Census F-33 • FY 2024
Total Revenue
$120,697,000
Total Expenditure
$120,357,000
Classroom Instruction
$66,479,000
Outstanding Debt
$17,104,000

Revenue Sources

State Government Funds: $72,708,000 (60.2%) Local Taxes & Fees: $13,963,000 (11.6%) Federal Aid: $34,026,000 (28.2%)
State Government Funds $72,708,000 60.2%
Local Taxes & Fees $13,963,000 11.6%
Federal Aid $34,026,000 28.2%
Total Revenue $120,697,000 100.0%

Expenditure Allocation

Classroom Instruction: $66,479,000 (55.2%) Support Services: $35,971,000 (29.9%) Capital Outlays: $8,070,000 (6.7%) Other / Operations: $9,837,000 (8.2%)
Classroom Instruction $66,479,000 55.2%
Support Services $35,971,000 29.9%
Capital Outlays $8,070,000 6.7%
Other / Operations $9,837,000 8.2%
Total Expenditure $120,357,000 100.0%

Financial Comparison & Trends Chart

$0$4,250$8,500$12,750$17,000FY 2020 Revenue/Student: $9,665$9,665FY 2020 Expenditure/Student: $10,124$10,124FY 20208,612 stdsFY 2021 Revenue/Student: $10,179$10,179FY 2021 Expenditure/Student: $10,782$10,782FY 20218,313 stdsFY 2022 Revenue/Student: $12,494$12,494FY 2022 Expenditure/Student: $12,624$12,624FY 20228,303 stdsFY 2023 Revenue/Student: $12,840$12,840FY 2023 Expenditure/Student: $13,295$13,295FY 20238,334 stdsFY 2024 Revenue/Student: $14,417$14,417FY 2024 Expenditure/Student: $14,376$14,376FY 20248,372 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $14,417

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 8,372 $120,697,000 $120,357,000 $66,479,000 $8,070,000 $17,104,000
FY 2023 8,334 $107,012,000 $110,797,000 $66,158,000 $2,166,000 $20,737,000
FY 2022 8,303 $103,735,000 $104,819,000 $62,086,000 $815,000 $24,409,000
FY 2021 8,313 $84,618,000 $89,629,000 $52,760,000 $2,240,000 $28,121,000
FY 2020 8,612 $83,238,000 $87,189,000 $49,131,000 $2,248,000 $31,866,000