GA
Regular Public School District
22 Schools
Newton County
Covington, GA 30014
•
Newton County
•
22 Operating Schools
(770) 787-1330
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 18,886 students
Total Revenue
$313,944,000
Total Expenditure
$307,955,000
Classroom Instruction
$162,354,000
Outstanding Debt
$59,735,000
Revenue Sources
| State Government Funds | $141,873,000 | 45.2% | |
| Local Taxes & Fees | $126,170,000 | 40.2% | |
| Federal Aid | $45,901,000 | 14.6% | |
| Total Revenue | $313,944,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $162,354,000 | 52.7% | |
| Support Services | $103,152,000 | 33.5% | |
| Capital Outlays | $21,439,000 | 7% | |
| Other / Operations | $21,010,000 | 6.8% | |
| Total Expenditure | $307,955,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $16,623
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 18,886 | $313,944,000 | $307,955,000 | $162,354,000 | $21,439,000 | $59,735,000 |
| FY 2023 | 18,661 | $296,560,000 | $292,210,000 | $150,496,000 | $26,408,000 | $68,985,000 |
| FY 2022 | 18,785 | $276,507,000 | $274,812,000 | $143,600,000 | $27,444,000 | $86,788,000 |
| FY 2021 | 18,766 | $253,050,000 | $271,376,000 | $137,859,000 | $41,199,000 | $88,110,000 |
| FY 2020 | 19,579 | $237,832,000 | $237,947,000 | $132,022,000 | $11,175,000 | $91,120,000 |