NM
Regular Public School District
10 Schools
LOVINGTON
LOVINGTON, NM 88260
•
Lea County
•
10 Operating Schools
(575) 739-2200
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 3,423 students
Total Revenue
$68,894,000
Total Expenditure
$63,399,000
Classroom Instruction
$30,652,000
Outstanding Debt
$20,225,000
Revenue Sources
| State Government Funds | $49,454,000 | 71.8% | |
| Local Taxes & Fees | $11,687,000 | 17% | |
| Federal Aid | $7,753,000 | 11.3% | |
| Total Revenue | $68,894,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $30,652,000 | 48.3% | |
| Support Services | $23,034,000 | 36.3% | |
| Capital Outlays | $6,456,000 | 10.2% | |
| Other / Operations | $3,257,000 | 5.1% | |
| Total Expenditure | $63,399,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $20,127
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 3,423 | $68,894,000 | $63,399,000 | $30,652,000 | $6,456,000 | $20,225,000 |
| FY 2023 | 3,382 | $62,676,000 | $57,846,000 | $28,698,000 | $5,235,000 | $26,300,000 |
| FY 2022 | 3,460 | $55,767,000 | $50,997,000 | $26,100,000 | $5,203,000 | $31,130,000 |
| FY 2021 | 3,502 | $49,946,000 | $45,533,000 | $22,489,000 | $3,306,000 | $34,440,000 |
| FY 2020 | 3,810 | $52,143,000 | $44,377,000 | $21,601,000 | $4,758,000 | $37,690,000 |