NC
Regular Public School District
18 Schools
Rutherford County Schools
Forest City, NC 28043
•
Rutherford County
•
18 Operating Schools
(828) 288-2200
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 7,409 students
Total Revenue
$121,290,000
Total Expenditure
$112,122,000
Classroom Instruction
$59,567,000
Outstanding Debt
$30,671,000
Revenue Sources
| State Government Funds | $66,082,000 | 54.5% | |
| Local Taxes & Fees | $25,338,000 | 20.9% | |
| Federal Aid | $29,870,000 | 24.6% | |
| Total Revenue | $121,290,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $59,567,000 | 53.1% | |
| Support Services | $36,392,000 | 32.5% | |
| Capital Outlays | $7,221,000 | 6.4% | |
| Other / Operations | $8,942,000 | 8% | |
| Total Expenditure | $112,122,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $16,928
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 7,409 | $121,290,000 | $112,122,000 | $59,567,000 | $7,221,000 | $30,671,000 |
| FY 2023 | 7,527 | $113,641,000 | $116,194,000 | $64,791,000 | $4,463,000 | $19,779,000 |
| FY 2022 | 7,572 | $128,178,000 | $124,158,000 | $65,478,000 | $13,772,000 | $22,731,000 |
| FY 2021 | 7,557 | $110,579,000 | $108,872,000 | $52,336,000 | $20,267,000 | $26,262,000 |
| FY 2020 | 7,825 | $95,774,000 | $91,274,000 | $51,104,000 | $4,238,000 | $30,095,000 |