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VA Regular Public School District 15 Schools

Smyth County Public Schools

Marion, VA 24354 • Smyth County • 15 Operating Schools
(276) 783-3791
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 3,892 students
Census F-33 • FY 2024
Total Revenue
$71,340,000
Total Expenditure
$67,487,000
Classroom Instruction
$36,875,000
Outstanding Debt
$13,953,000

Revenue Sources

State Government Funds: $43,323,000 (60.7%) Local Taxes & Fees: $15,488,000 (21.7%) Federal Aid: $12,529,000 (17.6%)
State Government Funds $43,323,000 60.7%
Local Taxes & Fees $15,488,000 21.7%
Federal Aid $12,529,000 17.6%
Total Revenue $71,340,000 100.0%

Expenditure Allocation

Classroom Instruction: $36,875,000 (54.6%) Support Services: $18,951,000 (28.1%) Capital Outlays: $5,312,000 (7.9%) Other / Operations: $6,349,000 (9.4%)
Classroom Instruction $36,875,000 54.6%
Support Services $18,951,000 28.1%
Capital Outlays $5,312,000 7.9%
Other / Operations $6,349,000 9.4%
Total Expenditure $67,487,000 100.0%

Financial Comparison & Trends Chart

$0$5,500$11,000$16,500$22,000FY 2020 Revenue/Student: $12,432$12,432FY 2020 Expenditure/Student: $12,066$12,066FY 20204,268 stdsFY 2021 Revenue/Student: $13,269$13,269FY 2021 Expenditure/Student: $12,837$12,837FY 20214,109 stdsFY 2022 Revenue/Student: $14,884$14,884FY 2022 Expenditure/Student: $14,247$14,247FY 20224,050 stdsFY 2023 Revenue/Student: $16,940$16,940FY 2023 Expenditure/Student: $15,970$15,970FY 20233,981 stdsFY 2024 Revenue/Student: $18,330$18,330FY 2024 Expenditure/Student: $17,340$17,340FY 20243,892 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $18,330

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 3,892 $71,340,000 $67,487,000 $36,875,000 $5,312,000 $13,953,000
FY 2023 3,981 $67,438,000 $63,577,000 $35,012,000 $1,901,000 $15,717,000
FY 2022 4,050 $60,279,000 $57,701,000 $33,467,000 $450,000 $17,425,000
FY 2021 4,109 $54,523,000 $52,746,000 $31,133,000 $807,000 $19,104,000
FY 2020 4,268 $53,058,000 $51,498,000 $31,338,000 $633,000 $20,777,000