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MA Regular Public School District 5 Schools

Medfield

Medfield, MA 02052 • Norfolk County • 5 Operating Schools
(508) 359-2302
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 2,504 students
Census F-33 • FY 2024
Total Revenue
$57,453,000
Total Expenditure
$57,726,000
Classroom Instruction
$36,560,000
Outstanding Debt
N/A

Revenue Sources

State Government Funds: $13,583,000 (23.6%) Local Taxes & Fees: $41,403,000 (72.1%) Federal Aid: $2,467,000 (4.3%)
State Government Funds $13,583,000 23.6%
Local Taxes & Fees $41,403,000 72.1%
Federal Aid $2,467,000 4.3%
Total Revenue $57,453,000 100.0%

Expenditure Allocation

Classroom Instruction: $36,560,000 (63.3%) Support Services: $18,636,000 (32.3%) Capital Outlays: $634,000 (1.1%) Other / Operations: $1,896,000 (3.3%)
Classroom Instruction $36,560,000 63.3%
Support Services $18,636,000 32.3%
Capital Outlays $634,000 1.1%
Other / Operations $1,896,000 3.3%
Total Expenditure $57,726,000 100.0%

Financial Comparison & Trends Chart

$0$6,750$13,500$20,250$27,000FY 2020 Revenue/Student: $20,201$20,201FY 2020 Expenditure/Student: $19,637$19,637FY 20202,601 stdsFY 2021 Revenue/Student: $21,493$21,493FY 2021 Expenditure/Student: $21,087$21,087FY 20212,511 stdsFY 2022 Revenue/Student: $21,317$21,317FY 2022 Expenditure/Student: $21,311$21,311FY 20222,530 stdsFY 2023 Revenue/Student: $21,787$21,787FY 2023 Expenditure/Student: $22,506$22,506FY 20232,531 stdsFY 2024 Revenue/Student: $22,944$22,944FY 2024 Expenditure/Student: $23,054$23,054FY 20242,504 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $23,054

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 2,504 $57,453,000 $57,726,000 $36,560,000 $634,000 N/A
FY 2023 2,531 $55,144,000 $56,963,000 $34,447,000 $1,918,000 $900,000
FY 2022 2,530 $53,933,000 $53,918,000 $33,663,000 $1,257,000 $2,045,000
FY 2021 2,511 $53,970,000 $52,950,000 $34,139,000 $1,038,000 $3,610,000
FY 2020 2,601 $52,544,000 $51,076,000 $32,281,000 $1,486,000 $5,320,000