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SC Regular Public School District 5 Schools

Spartanburg 03

Spartanburg, SC 29307 • Spartanburg County • 5 Operating Schools
(864) 279-6000
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 2,819 students
Census F-33 • FY 2024
Total Revenue
$55,311,000
Total Expenditure
$49,597,000
Classroom Instruction
$22,669,000
Outstanding Debt
$40,660,000

Revenue Sources

State Government Funds: $27,956,000 (50.5%) Local Taxes & Fees: $21,223,000 (38.4%) Federal Aid: $6,132,000 (11.1%)
State Government Funds $27,956,000 50.5%
Local Taxes & Fees $21,223,000 38.4%
Federal Aid $6,132,000 11.1%
Total Revenue $55,311,000 100.0%

Expenditure Allocation

Classroom Instruction: $22,669,000 (45.7%) Support Services: $19,078,000 (38.5%) Capital Outlays: $3,909,000 (7.9%) Other / Operations: $3,941,000 (7.9%)
Classroom Instruction $22,669,000 45.7%
Support Services $19,078,000 38.5%
Capital Outlays $3,909,000 7.9%
Other / Operations $3,941,000 7.9%
Total Expenditure $49,597,000 100.0%

Financial Comparison & Trends Chart

$0$6,250$12,500$18,750$25,000FY 2020 Revenue/Student: $15,995$15,995FY 2020 Expenditure/Student: $14,960$14,960FY 20202,756 stdsFY 2021 Revenue/Student: $17,178$17,178FY 2021 Expenditure/Student: $19,687$19,687FY 20212,629 stdsFY 2022 Revenue/Student: $17,538$17,538FY 2022 Expenditure/Student: $20,925$20,925FY 20222,624 stdsFY 2023 Revenue/Student: $19,416$19,416FY 2023 Expenditure/Student: $19,931$19,931FY 20232,784 stdsFY 2024 Revenue/Student: $19,621$19,621FY 2024 Expenditure/Student: $17,594$17,594FY 20242,819 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $20,925

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 2,819 $55,311,000 $49,597,000 $22,669,000 $3,909,000 $40,660,000
FY 2023 2,784 $54,055,000 $55,489,000 $20,612,000 $13,226,000 $40,436,000
FY 2022 2,624 $46,019,000 $54,908,000 $19,735,000 $15,860,000 $42,026,000
FY 2021 2,629 $45,161,000 $51,756,000 $19,667,000 $13,629,000 $43,599,000
FY 2020 2,756 $44,083,000 $41,230,000 $18,472,000 $4,524,000 $16,464,000