MA
Regular Public School District
1 Schools
Northboro-Southboro
Southborough, MA 01772
•
Worcester County
•
1 Operating Schools
(508) 486-5115
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 1,194 students
Total Revenue
$35,557,000
Total Expenditure
$33,831,000
Classroom Instruction
$21,637,000
Outstanding Debt
$2,845,000
Revenue Sources
| State Government Funds | $8,383,000 | 23.6% | |
| Local Taxes & Fees | $25,012,000 | 70.3% | |
| Federal Aid | $2,162,000 | 6.1% | |
| Total Revenue | $35,557,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $21,637,000 | 64% | |
| Support Services | $10,715,000 | 31.7% | |
| Capital Outlays | $990,000 | 2.9% | |
| Other / Operations | $489,000 | 1.4% | |
| Total Expenditure | $33,831,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $29,780
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 1,194 | $35,557,000 | $33,831,000 | $21,637,000 | $990,000 | $2,845,000 |
| FY 2023 | 1,222 | $34,678,000 | $31,525,000 | $20,707,000 | $74,000 | $3,705,000 |
| FY 2022 | 1,269 | $33,157,000 | $30,740,000 | $20,712,000 | $30,000 | $4,525,000 |
| FY 2021 | 1,355 | $31,841,000 | $30,510,000 | $20,455,000 | $187,000 | $5,305,000 |
| FY 2020 | 1,390 | $30,812,000 | $29,607,000 | $19,915,000 | $136,000 | $0 |