Skip to main content
KY Regular Public School District 5 Schools

Russell Independent

Flatwoods, KY 41139 • Greenup County • 5 Operating Schools
(606) 836-9679
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 2,048 students
Census F-33 • FY 2024
Total Revenue
$31,128,000
Total Expenditure
$31,438,000
Classroom Instruction
$16,268,000
Outstanding Debt
$7,505,000

Revenue Sources

State Government Funds: $17,976,000 (57.7%) Local Taxes & Fees: $10,028,000 (32.2%) Federal Aid: $3,124,000 (10%)
State Government Funds $17,976,000 57.7%
Local Taxes & Fees $10,028,000 32.2%
Federal Aid $3,124,000 10%
Total Revenue $31,128,000 100.0%

Expenditure Allocation

Classroom Instruction: $16,268,000 (51.7%) Support Services: $10,813,000 (34.4%) Capital Outlays: $1,851,000 (5.9%) Other / Operations: $2,506,000 (8%)
Classroom Instruction $16,268,000 51.7%
Support Services $10,813,000 34.4%
Capital Outlays $1,851,000 5.9%
Other / Operations $2,506,000 8%
Total Expenditure $31,438,000 100.0%

Financial Comparison & Trends Chart

$0$4,500$9,000$13,500$18,000FY 2020 Revenue/Student: $11,386$11,386FY 2020 Expenditure/Student: $12,117$12,117FY 20202,297 stdsFY 2021 Revenue/Student: $11,991$11,991FY 2021 Expenditure/Student: $13,090$13,090FY 20212,216 stdsFY 2022 Revenue/Student: $13,846$13,846FY 2022 Expenditure/Student: $12,860$12,860FY 20222,136 stdsFY 2023 Revenue/Student: $15,359$15,359FY 2023 Expenditure/Student: $15,580$15,580FY 20232,132 stdsFY 2024 Revenue/Student: $15,199$15,199FY 2024 Expenditure/Student: $15,351$15,351FY 20242,048 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $15,580

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 2,048 $31,128,000 $31,438,000 $16,268,000 $1,851,000 $7,505,000
FY 2023 2,132 $32,746,000 $33,216,000 $16,987,000 $2,078,000 $1,460,000
FY 2022 2,136 $29,575,000 $27,470,000 $15,578,000 $187,000 $0
FY 2021 2,216 $26,573,000 $29,008,000 $15,260,000 $2,292,000 $13,380,000
FY 2020 2,297 $26,154,000 $27,833,000 $14,181,000 $3,039,000 $14,235,000