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TX Regular Public School District 16 Schools

SHERMAN ISD

SHERMAN, TX 75090 • Grayson County • 16 Operating Schools
(903) 891-6400
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 7,843 students
Census F-33 • FY 2024
Total Revenue
$147,347,000
Total Expenditure
$155,459,000
Classroom Instruction
$66,133,000
Outstanding Debt
$408,200,000

Revenue Sources

State Government Funds: $50,183,000 (34.1%) Local Taxes & Fees: $79,845,000 (54.2%) Federal Aid: $17,319,000 (11.8%)
State Government Funds $50,183,000 34.1%
Local Taxes & Fees $79,845,000 54.2%
Federal Aid $17,319,000 11.8%
Total Revenue $147,347,000 100.0%

Expenditure Allocation

Classroom Instruction: $66,133,000 (42.5%) Support Services: $42,497,000 (27.3%) Capital Outlays: $24,949,000 (16%) Other / Operations: $21,880,000 (14.1%)
Classroom Instruction $66,133,000 42.5%
Support Services $42,497,000 27.3%
Capital Outlays $24,949,000 16%
Other / Operations $21,880,000 14.1%
Total Expenditure $155,459,000 100.0%

Financial Comparison & Trends Chart

$0$7,000$14,000$21,000$28,000FY 2020 Revenue/Student: $14,008$14,008FY 2020 Expenditure/Student: $23,750$23,750FY 20207,545 stdsFY 2021 Revenue/Student: $14,585$14,585FY 2021 Expenditure/Student: $19,981$19,981FY 20217,503 stdsFY 2022 Revenue/Student: $15,234$15,234FY 2022 Expenditure/Student: $15,003$15,003FY 20227,719 stdsFY 2023 Revenue/Student: $16,672$16,672FY 2023 Expenditure/Student: $17,001$17,001FY 20237,767 stdsFY 2024 Revenue/Student: $18,787$18,787FY 2024 Expenditure/Student: $19,821$19,821FY 20247,843 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $23,750

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 7,843 $147,347,000 $155,459,000 $66,133,000 $24,949,000 $408,200,000
FY 2023 7,767 $129,489,000 $132,048,000 $58,986,000 $10,187,000 $177,025,000
FY 2022 7,719 $117,591,000 $115,812,000 $56,133,000 $6,087,000 $189,140,000
FY 2021 7,503 $109,435,000 $149,919,000 $49,754,000 $50,220,000 $198,045,000
FY 2020 7,545 $105,690,000 $179,191,000 $46,966,000 $89,330,000 $206,215,000