MA
Regular Public School District
27 Schools
Lowell
Lowell, MA 01852
•
Middlesex County
•
27 Operating Schools
(978) 674-4320
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 14,273 students
Total Revenue
$406,715,000
Total Expenditure
$465,983,000
Classroom Instruction
$266,465,000
Outstanding Debt
N/A
Revenue Sources
| State Government Funds | $339,565,000 | 83.5% | |
| Local Taxes & Fees | $18,382,000 | 4.5% | |
| Federal Aid | $48,768,000 | 12% | |
| Total Revenue | $406,715,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $266,465,000 | 57.2% | |
| Support Services | $124,012,000 | 26.6% | |
| Capital Outlays | $64,900,000 | 13.9% | |
| Other / Operations | $10,606,000 | 2.3% | |
| Total Expenditure | $465,983,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $32,648
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 14,273 | $406,715,000 | $465,983,000 | $266,465,000 | $64,900,000 | N/A |
| FY 2023 | 14,228 | $346,075,000 | $430,773,000 | $258,687,000 | $61,923,000 | $72,084,000 |
| FY 2022 | 13,991 | $304,659,000 | $380,559,000 | $218,458,000 | $52,497,000 | $54,066,000 |
| FY 2021 | 14,023 | $275,583,000 | $329,006,000 | $192,559,000 | $41,289,000 | $35,377,000 |
| FY 2020 | 14,434 | $248,215,000 | $290,177,000 | $184,902,000 | $12,823,000 | $16,730,000 |