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WV Regular Public School District 26 Schools

Mercer County Schools

Princeton, WV 24740 • Mercer County • 26 Operating Schools
(304) 487-1551
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 8,540 students
Census F-33 • FY 2024
Total Revenue
$151,848,000
Total Expenditure
$151,164,000
Classroom Instruction
$70,520,000
Outstanding Debt
$0

Revenue Sources

State Government Funds: $80,487,000 (53%) Local Taxes & Fees: $37,567,000 (24.7%) Federal Aid: $33,794,000 (22.3%)
State Government Funds $80,487,000 53%
Local Taxes & Fees $37,567,000 24.7%
Federal Aid $33,794,000 22.3%
Total Revenue $151,848,000 100.0%

Expenditure Allocation

Classroom Instruction: $70,520,000 (46.7%) Support Services: $41,944,000 (27.7%) Capital Outlays: $27,743,000 (18.4%) Other / Operations: $10,957,000 (7.2%)
Classroom Instruction $70,520,000 46.7%
Support Services $41,944,000 27.7%
Capital Outlays $27,743,000 18.4%
Other / Operations $10,957,000 7.2%
Total Expenditure $151,164,000 100.0%

Financial Comparison & Trends Chart

$0$5,250$10,500$15,750$21,000FY 2020 Revenue/Student: $14,035$14,035FY 2020 Expenditure/Student: $13,769$13,769FY 20208,785 stdsFY 2021 Revenue/Student: $14,275$14,275FY 2021 Expenditure/Student: $13,866$13,866FY 20218,465 stdsFY 2022 Revenue/Student: $14,187$14,187FY 2022 Expenditure/Student: $14,274$14,274FY 20228,642 stdsFY 2023 Revenue/Student: $16,361$16,361FY 2023 Expenditure/Student: $15,279$15,279FY 20238,686 stdsFY 2024 Revenue/Student: $17,781$17,781FY 2024 Expenditure/Student: $17,701$17,701FY 20248,540 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $17,781

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 8,540 $151,848,000 $151,164,000 $70,520,000 $27,743,000 $0
FY 2023 8,686 $142,114,000 $132,713,000 $68,613,000 $12,403,000 $0
FY 2022 8,642 $122,602,000 $123,356,000 $63,703,000 $12,673,000 $0
FY 2021 8,465 $120,841,000 $117,379,000 $64,971,000 $7,321,000 $0
FY 2020 8,785 $123,297,000 $120,963,000 $58,156,000 $17,289,000 $0