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KY Regular Public School District 11 Schools

Rowan County

Morehead, KY 40351 • Rowan County • 11 Operating Schools
(606) 784-8928
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 3,411 students
Census F-33 • FY 2024
Total Revenue
$50,660,000
Total Expenditure
$51,030,000
Classroom Instruction
$25,419,000
Outstanding Debt
$42,294,000

Revenue Sources

State Government Funds: $26,375,000 (52.1%) Local Taxes & Fees: $15,255,000 (30.1%) Federal Aid: $9,030,000 (17.8%)
State Government Funds $26,375,000 52.1%
Local Taxes & Fees $15,255,000 30.1%
Federal Aid $9,030,000 17.8%
Total Revenue $50,660,000 100.0%

Expenditure Allocation

Classroom Instruction: $25,419,000 (49.8%) Support Services: $12,294,000 (24.1%) Capital Outlays: $8,156,000 (16%) Other / Operations: $5,161,000 (10.1%)
Classroom Instruction $25,419,000 49.8%
Support Services $12,294,000 24.1%
Capital Outlays $8,156,000 16%
Other / Operations $5,161,000 10.1%
Total Expenditure $51,030,000 100.0%

Financial Comparison & Trends Chart

$0$5,250$10,500$15,750$21,000FY 2020 Revenue/Student: $11,067$11,067FY 2020 Expenditure/Student: $11,683$11,683FY 20203,548 stdsFY 2021 Revenue/Student: $12,837$12,837FY 2021 Expenditure/Student: $12,786$12,786FY 20213,326 stdsFY 2022 Revenue/Student: $13,578$13,578FY 2022 Expenditure/Student: $13,903$13,903FY 20223,258 stdsFY 2023 Revenue/Student: $15,414$15,414FY 2023 Expenditure/Student: $17,573$17,573FY 20233,429 stdsFY 2024 Revenue/Student: $14,852$14,852FY 2024 Expenditure/Student: $14,960$14,960FY 20243,411 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $17,573

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 3,411 $50,660,000 $51,030,000 $25,419,000 $8,156,000 $42,294,000
FY 2023 3,429 $52,854,000 $60,259,000 $25,272,000 $15,662,000 $45,936,000
FY 2022 3,258 $44,238,000 $45,295,000 $23,032,000 $5,400,000 $42,192,000
FY 2021 3,326 $42,695,000 $42,527,000 $22,219,000 $4,815,000 $31,367,000
FY 2020 3,548 $39,264,000 $41,450,000 $20,819,000 $5,012,000 $33,328,000