KY
Regular Public School District
5 Schools
Magoffin County
Salyersville, KY 41465
•
Magoffin County
•
5 Operating Schools
(606) 349-6117
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 1,947 students
Total Revenue
$38,569,000
Total Expenditure
$34,382,000
Classroom Instruction
$14,472,000
Outstanding Debt
$17,177,000
Revenue Sources
| State Government Funds | $21,579,000 | 55.9% | |
| Local Taxes & Fees | $9,021,000 | 23.4% | |
| Federal Aid | $7,969,000 | 20.7% | |
| Total Revenue | $38,569,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $14,472,000 | 42.1% | |
| Support Services | $9,558,000 | 27.8% | |
| Capital Outlays | $7,233,000 | 21% | |
| Other / Operations | $3,119,000 | 9.1% | |
| Total Expenditure | $34,382,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $19,809
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 1,947 | $38,569,000 | $34,382,000 | $14,472,000 | $7,233,000 | $17,177,000 |
| FY 2023 | 2,017 | $34,903,000 | $36,310,000 | $15,191,000 | $7,454,000 | $21,278,000 |
| FY 2022 | 2,019 | $32,568,000 | $27,946,000 | $14,159,000 | $1,558,000 | $25,285,000 |
| FY 2021 | 2,000 | $33,142,000 | $27,441,000 | $13,148,000 | $1,201,000 | $27,755,000 |
| FY 2020 | 2,075 | $27,919,000 | $25,500,000 | $12,503,000 | $675,000 | $30,145,000 |