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VA Regular Public School District 7 Schools

Patrick County Public Schools

Stuart, VA 24171 • Patrick County • 7 Operating Schools
(276) 694-3163
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 2,377 students
Census F-33 • FY 2024
Total Revenue
$40,405,000
Total Expenditure
$40,401,000
Classroom Instruction
$21,934,000
Outstanding Debt
$18,430,000

Revenue Sources

State Government Funds: $25,058,000 (62%) Local Taxes & Fees: $10,538,000 (26.1%) Federal Aid: $4,809,000 (11.9%)
State Government Funds $25,058,000 62%
Local Taxes & Fees $10,538,000 26.1%
Federal Aid $4,809,000 11.9%
Total Revenue $40,405,000 100.0%

Expenditure Allocation

Classroom Instruction: $21,934,000 (54.3%) Support Services: $11,461,000 (28.4%) Capital Outlays: $3,770,000 (9.3%) Other / Operations: $3,236,000 (8%)
Classroom Instruction $21,934,000 54.3%
Support Services $11,461,000 28.4%
Capital Outlays $3,770,000 9.3%
Other / Operations $3,236,000 8%
Total Expenditure $40,401,000 100.0%

Financial Comparison & Trends Chart

$0$5,000$10,000$15,000$20,000FY 2020 Revenue/Student: $10,694$10,694FY 2020 Expenditure/Student: $10,748$10,748FY 20202,558 stdsFY 2021 Revenue/Student: $11,517$11,517FY 2021 Expenditure/Student: $11,597$11,597FY 20212,516 stdsFY 2022 Revenue/Student: $14,008$14,008FY 2022 Expenditure/Student: $14,433$14,433FY 20222,538 stdsFY 2023 Revenue/Student: $16,119$16,119FY 2023 Expenditure/Student: $16,484$16,484FY 20232,481 stdsFY 2024 Revenue/Student: $16,998$16,998FY 2024 Expenditure/Student: $16,997$16,997FY 20242,377 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $16,998

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 2,377 $40,405,000 $40,401,000 $21,934,000 $3,770,000 $18,430,000
FY 2023 2,481 $39,991,000 $40,897,000 $21,498,000 $4,930,000 $19,532,000
FY 2022 2,538 $35,553,000 $36,632,000 $20,111,000 $2,932,000 $20,620,000
FY 2021 2,516 $28,978,000 $29,179,000 $17,305,000 $1,219,000 $22,748,000
FY 2020 2,558 $27,354,000 $27,493,000 $17,027,000 $289,000 $22,748,000