MA
Regular Public School District
4 Schools
Medway
Medway, MA 02053
•
Norfolk County
•
4 Operating Schools
(508) 533-3222
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 2,159 students
Total Revenue
$52,201,000
Total Expenditure
$51,383,000
Classroom Instruction
$28,209,000
Outstanding Debt
N/A
Revenue Sources
| State Government Funds | $16,810,000 | 32.2% | |
| Local Taxes & Fees | $32,774,000 | 62.8% | |
| Federal Aid | $2,617,000 | 5% | |
| Total Revenue | $52,201,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $28,209,000 | 54.9% | |
| Support Services | $16,643,000 | 32.4% | |
| Capital Outlays | $4,939,000 | 9.6% | |
| Other / Operations | $1,592,000 | 3.1% | |
| Total Expenditure | $51,383,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $24,178
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 2,159 | $52,201,000 | $51,383,000 | $28,209,000 | $4,939,000 | N/A |
| FY 2023 | 2,142 | $47,427,000 | $48,591,000 | $30,191,000 | $234,000 | $9,759,000 |
| FY 2022 | 2,108 | $45,621,000 | $47,046,000 | $27,308,000 | $292,000 | $11,277,000 |
| FY 2021 | 2,074 | $45,478,000 | $45,002,000 | $26,478,000 | $754,000 | $17,137,000 |
| FY 2020 | 2,178 | $44,036,000 | $42,329,000 | $24,904,000 | $1,078,000 | $18,811,000 |