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NC Regular Public School District 32 Schools

Randolph County School System

Asheboro, NC 27205 • Randolph County • 32 Operating Schools
(336) 633-5000
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 15,261 students
Census F-33 • FY 2024
Total Revenue
$191,418,000
Total Expenditure
$189,470,000
Classroom Instruction
$106,842,000
Outstanding Debt
$77,841,000

Revenue Sources

State Government Funds: $123,437,000 (64.5%) Local Taxes & Fees: $34,269,000 (17.9%) Federal Aid: $33,712,000 (17.6%)
State Government Funds $123,437,000 64.5%
Local Taxes & Fees $34,269,000 17.9%
Federal Aid $33,712,000 17.6%
Total Revenue $191,418,000 100.0%

Expenditure Allocation

Classroom Instruction: $106,842,000 (56.4%) Support Services: $61,252,000 (32.3%) Capital Outlays: $5,701,000 (3%) Other / Operations: $15,675,000 (8.3%)
Classroom Instruction $106,842,000 56.4%
Support Services $61,252,000 32.3%
Capital Outlays $5,701,000 3%
Other / Operations $15,675,000 8.3%
Total Expenditure $189,470,000 100.0%

Financial Comparison & Trends Chart

$0$3,750$7,500$11,250$15,000FY 2020 Revenue/Student: $9,699$9,699FY 2020 Expenditure/Student: $10,383$10,383FY 202015,971 stdsFY 2021 Revenue/Student: $10,320$10,320FY 2021 Expenditure/Student: $11,744$11,744FY 202115,346 stdsFY 2022 Revenue/Student: $12,283$12,283FY 2022 Expenditure/Student: $12,337$12,337FY 202215,221 stdsFY 2023 Revenue/Student: $12,182$12,182FY 2023 Expenditure/Student: $12,091$12,091FY 202315,383 stdsFY 2024 Revenue/Student: $12,543$12,543FY 2024 Expenditure/Student: $12,415$12,415FY 202415,261 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $12,543

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 15,261 $191,418,000 $189,470,000 $106,842,000 $5,701,000 $77,841,000
FY 2023 15,383 $187,392,000 $185,996,000 $107,046,000 $5,470,000 $85,717,000
FY 2022 15,221 $186,957,000 $187,787,000 $109,198,000 $6,061,000 $93,603,000
FY 2021 15,346 $158,369,000 $180,229,000 $93,307,000 $27,599,000 $102,545,000
FY 2020 15,971 $154,897,000 $165,827,000 $90,743,000 $17,311,000 $83,559,000