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SC Regular Public School District 3 Schools

McCormick 01

McCormick, SC 29835 • McCormick County • 3 Operating Schools
(864) 852-2435
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 553 students
Census F-33 • FY 2024
Total Revenue
$19,185,000
Total Expenditure
$19,373,000
Classroom Instruction
$7,041,000
Outstanding Debt
$3,902,000

Revenue Sources

State Government Funds: $8,783,000 (45.8%) Local Taxes & Fees: $6,861,000 (35.8%) Federal Aid: $3,541,000 (18.5%)
State Government Funds $8,783,000 45.8%
Local Taxes & Fees $6,861,000 35.8%
Federal Aid $3,541,000 18.5%
Total Revenue $19,185,000 100.0%

Expenditure Allocation

Classroom Instruction: $7,041,000 (36.3%) Support Services: $8,145,000 (42%) Capital Outlays: $3,402,000 (17.6%) Other / Operations: $785,000 (4.1%)
Classroom Instruction $7,041,000 36.3%
Support Services $8,145,000 42%
Capital Outlays $3,402,000 17.6%
Other / Operations $785,000 4.1%
Total Expenditure $19,373,000 100.0%

Financial Comparison & Trends Chart

$0$10,250$20,500$30,750$41,000FY 2020 Revenue/Student: $23,295$23,295FY 2020 Expenditure/Student: $22,442$22,442FY 2020668 stdsFY 2021 Revenue/Student: $22,513$22,513FY 2021 Expenditure/Student: $18,725$18,725FY 2021657 stdsFY 2022 Revenue/Student: $24,574$24,574FY 2022 Expenditure/Student: $21,584$21,584FY 2022615 stdsFY 2023 Revenue/Student: $29,668$29,668FY 2023 Expenditure/Student: $26,313$26,313FY 2023582 stdsFY 2024 Revenue/Student: $34,693$34,693FY 2024 Expenditure/Student: $35,033$35,033FY 2024553 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $35,033

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 553 $19,185,000 $19,373,000 $7,041,000 $3,402,000 $3,902,000
FY 2023 582 $17,267,000 $15,314,000 $7,239,000 $222,000 $3,892,000
FY 2022 615 $15,113,000 $13,274,000 $6,318,000 $231,000 $3,874,000
FY 2021 657 $14,791,000 $12,302,000 $5,866,000 $223,000 $3,874,000
FY 2020 668 $15,561,000 $14,991,000 $5,719,000 $2,545,000 $4,548,000