MA
Regular Public School District
5 Schools
Northborough
Southborough, MA 01772
•
Worcester County
•
5 Operating Schools
(508) 486-5115
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 1,634 students
Total Revenue
$27,163,000
Total Expenditure
$42,175,000
Classroom Instruction
$25,851,000
Outstanding Debt
N/A
Revenue Sources
| State Government Funds | $9,833,000 | 36.2% | |
| Local Taxes & Fees | $14,388,000 | 53% | |
| Federal Aid | $2,942,000 | 10.8% | |
| Total Revenue | $27,163,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $25,851,000 | 61.3% | |
| Support Services | $13,326,000 | 31.6% | |
| Capital Outlays | $2,454,000 | 5.8% | |
| Other / Operations | $544,000 | 1.3% | |
| Total Expenditure | $42,175,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $25,811
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 1,634 | $27,163,000 | $42,175,000 | $25,851,000 | $2,454,000 | N/A |
| FY 2023 | 1,596 | $22,285,000 | $40,027,000 | $25,906,000 | $560,000 | $48,470,000 |
| FY 2022 | 1,550 | $22,350,000 | $38,483,000 | $25,662,000 | $17,000 | $9,651,000 |
| FY 2021 | 1,527 | $23,750,000 | $36,991,000 | $25,131,000 | $268,000 | $10,400,000 |
| FY 2020 | 1,587 | $24,043,000 | $35,957,000 | $24,245,000 | $136,000 | $11,200,000 |