SD
Regular Public School District
7 Schools
Spearfish School District 40-2
Spearfish, SD 57783
•
Lawrence County
•
7 Operating Schools
(605) 717-1229
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 2,387 students
Total Revenue
$32,324,000
Total Expenditure
$35,803,000
Classroom Instruction
$16,709,000
Outstanding Debt
$14,565,000
Revenue Sources
| State Government Funds | $8,773,000 | 27.1% | |
| Local Taxes & Fees | $20,510,000 | 63.5% | |
| Federal Aid | $3,041,000 | 9.4% | |
| Total Revenue | $32,324,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $16,709,000 | 46.7% | |
| Support Services | $7,901,000 | 22.1% | |
| Capital Outlays | $9,649,000 | 27% | |
| Other / Operations | $1,544,000 | 4.3% | |
| Total Expenditure | $35,803,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $14,999
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 2,387 | $32,324,000 | $35,803,000 | $16,709,000 | $9,649,000 | $14,565,000 |
| FY 2023 | 2,423 | $31,653,000 | $35,321,000 | $15,577,000 | $11,110,000 | $15,596,000 |
| FY 2022 | 2,398 | $28,401,000 | $28,045,000 | $15,864,000 | $3,984,000 | $5,160,000 |
| FY 2021 | 2,345 | $26,985,000 | $24,697,000 | $14,336,000 | $3,220,000 | $5,770,000 |
| FY 2020 | 2,381 | $24,361,000 | $21,412,000 | $13,109,000 | $1,320,000 | $6,360,000 |