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NC Regular Public School District 23 Schools

Stanly County Schools

Albemarle, NC 28001 • Stanly County • 23 Operating Schools
(704) 961-3000
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 8,739 students
Census F-33 • FY 2024
Total Revenue
$108,997,000
Total Expenditure
$105,162,000
Classroom Instruction
$61,350,000
Outstanding Debt
$2,737,000

Revenue Sources

State Government Funds: $69,472,000 (63.7%) Local Taxes & Fees: $21,407,000 (19.6%) Federal Aid: $18,118,000 (16.6%)
State Government Funds $69,472,000 63.7%
Local Taxes & Fees $21,407,000 19.6%
Federal Aid $18,118,000 16.6%
Total Revenue $108,997,000 100.0%

Expenditure Allocation

Classroom Instruction: $61,350,000 (58.3%) Support Services: $33,230,000 (31.6%) Capital Outlays: $3,642,000 (3.5%) Other / Operations: $6,940,000 (6.6%)
Classroom Instruction $61,350,000 58.3%
Support Services $33,230,000 31.6%
Capital Outlays $3,642,000 3.5%
Other / Operations $6,940,000 6.6%
Total Expenditure $105,162,000 100.0%

Financial Comparison & Trends Chart

$0$3,750$7,500$11,250$15,000FY 2020 Revenue/Student: $10,207$10,207FY 2020 Expenditure/Student: $10,082$10,082FY 20208,352 stdsFY 2021 Revenue/Student: $10,767$10,767FY 2021 Expenditure/Student: $10,412$10,412FY 20218,272 stdsFY 2022 Revenue/Student: $12,453$12,453FY 2022 Expenditure/Student: $12,039$12,039FY 20228,315 stdsFY 2023 Revenue/Student: $12,164$12,164FY 2023 Expenditure/Student: $11,370$11,370FY 20238,643 stdsFY 2024 Revenue/Student: $12,472$12,472FY 2024 Expenditure/Student: $12,034$12,034FY 20248,739 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $12,472

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 8,739 $108,997,000 $105,162,000 $61,350,000 $3,642,000 $2,737,000
FY 2023 8,643 $105,137,000 $98,270,000 $57,251,000 $2,512,000 $3,421,000
FY 2022 8,315 $103,544,000 $100,107,000 $59,573,000 $3,211,000 $4,105,000
FY 2021 8,272 $89,067,000 $86,131,000 $51,935,000 $2,169,000 $6,054,000
FY 2020 8,352 $85,246,000 $84,202,000 $51,511,000 $2,465,000 $8,204,000