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VA Regular Public School District 5 Schools

Radford City Public Schools

Radford, VA 24141 • Radford city County • 5 Operating Schools
(540) 731-3647
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 3,206 students
Census F-33 • FY 2024
Total Revenue
$35,535,000
Total Expenditure
$38,272,000
Classroom Instruction
$24,790,000
Outstanding Debt
$19,867,000

Revenue Sources

State Government Funds: $25,441,000 (71.6%) Local Taxes & Fees: $6,881,000 (19.4%) Federal Aid: $3,213,000 (9%)
State Government Funds $25,441,000 71.6%
Local Taxes & Fees $6,881,000 19.4%
Federal Aid $3,213,000 9%
Total Revenue $35,535,000 100.0%

Expenditure Allocation

Classroom Instruction: $24,790,000 (64.8%) Support Services: $7,959,000 (20.8%) Capital Outlays: $3,186,000 (8.3%) Other / Operations: $2,337,000 (6.1%)
Classroom Instruction $24,790,000 64.8%
Support Services $7,959,000 20.8%
Capital Outlays $3,186,000 8.3%
Other / Operations $2,337,000 6.1%
Total Expenditure $38,272,000 100.0%

Financial Comparison & Trends Chart

$0$4,000$8,000$12,000$16,000FY 2020 Revenue/Student: $12,030$12,030FY 2020 Expenditure/Student: $12,223$12,223FY 20201,642 stdsFY 2021 Revenue/Student: $12,294$12,294FY 2021 Expenditure/Student: $12,075$12,075FY 20212,520 stdsFY 2022 Revenue/Student: $13,534$13,534FY 2022 Expenditure/Student: $13,900$13,900FY 20222,701 stdsFY 2023 Revenue/Student: $10,969$10,969FY 2023 Expenditure/Student: $10,941$10,941FY 20233,690 stdsFY 2024 Revenue/Student: $11,084$11,084FY 2024 Expenditure/Student: $11,938$11,938FY 20243,206 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $13,900

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 3,206 $35,535,000 $38,272,000 $24,790,000 $3,186,000 $19,867,000
FY 2023 3,690 $40,476,000 $40,374,000 $27,617,000 $2,796,000 $20,815,000
FY 2022 2,701 $36,555,000 $37,544,000 $19,633,000 $8,392,000 $20,815,000
FY 2021 2,520 $30,981,000 $30,429,000 $14,354,000 $8,632,000 $23,753,000
FY 2020 1,642 $19,754,000 $20,070,000 $11,376,000 $1,571,000 $8,691,000