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MS Regular Public School District 7 Schools

South Pike School District

Magnolia, MS 39652 • Pike County • 7 Operating Schools
(601) 783-6733
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,514 students
Census F-33 • FY 2024
Total Revenue
$25,779,000
Total Expenditure
$27,082,000
Classroom Instruction
$9,646,000
Outstanding Debt
$2,670,000

Revenue Sources

State Government Funds: $10,229,000 (39.7%) Local Taxes & Fees: $6,218,000 (24.1%) Federal Aid: $9,332,000 (36.2%)
State Government Funds $10,229,000 39.7%
Local Taxes & Fees $6,218,000 24.1%
Federal Aid $9,332,000 36.2%
Total Revenue $25,779,000 100.0%

Expenditure Allocation

Classroom Instruction: $9,646,000 (35.6%) Support Services: $8,798,000 (32.5%) Capital Outlays: $7,285,000 (26.9%) Other / Operations: $1,353,000 (5%)
Classroom Instruction $9,646,000 35.6%
Support Services $8,798,000 32.5%
Capital Outlays $7,285,000 26.9%
Other / Operations $1,353,000 5%
Total Expenditure $27,082,000 100.0%

Financial Comparison & Trends Chart

$0$5,250$10,500$15,750$21,000FY 2020 Revenue/Student: $10,505$10,505FY 2020 Expenditure/Student: $10,140$10,140FY 20201,726 stdsFY 2021 Revenue/Student: $11,826$11,826FY 2021 Expenditure/Student: $11,323$11,323FY 20211,605 stdsFY 2022 Revenue/Student: $12,505$12,505FY 2022 Expenditure/Student: $11,744$11,744FY 20221,609 stdsFY 2023 Revenue/Student: $15,539$15,539FY 2023 Expenditure/Student: $16,044$16,044FY 20231,557 stdsFY 2024 Revenue/Student: $17,027$17,027FY 2024 Expenditure/Student: $17,888$17,888FY 20241,514 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $17,888

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,514 $25,779,000 $27,082,000 $9,646,000 $7,285,000 $2,670,000
FY 2023 1,557 $24,194,000 $24,981,000 $9,846,000 $5,499,000 $2,920,000
FY 2022 1,609 $20,120,000 $18,896,000 $9,051,000 $529,000 $3,145,000
FY 2021 1,605 $18,980,000 $18,173,000 $8,434,000 $1,375,000 $2,090,000
FY 2020 1,726 $18,131,000 $17,502,000 $8,772,000 $263,000 $2,320,000