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CT Regular Public School District 1 Schools

Sterling School District

Sterling, CT 06377 • Northeastern Connecticut Planning Region County • 1 Operating Schools
(860) 564-4219
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 328 students
Census F-33 • FY 2024
Total Revenue
$10,537,000
Total Expenditure
$10,596,000
Classroom Instruction
$5,247,000
Outstanding Debt
$2,255,000

Revenue Sources

State Government Funds: $4,696,000 (44.6%) Local Taxes & Fees: $5,496,000 (52.2%) Federal Aid: $345,000 (3.3%)
State Government Funds $4,696,000 44.6%
Local Taxes & Fees $5,496,000 52.2%
Federal Aid $345,000 3.3%
Total Revenue $10,537,000 100.0%

Expenditure Allocation

Classroom Instruction: $5,247,000 (49.5%) Support Services: $3,003,000 (28.3%) Capital Outlays: $229,000 (2.2%) Other / Operations: $2,117,000 (20%)
Classroom Instruction $5,247,000 49.5%
Support Services $3,003,000 28.3%
Capital Outlays $229,000 2.2%
Other / Operations $2,117,000 20%
Total Expenditure $10,596,000 100.0%

Financial Comparison & Trends Chart

$0$10,000$20,000$30,000$40,000FY 2020 Revenue/Student: $28,567$28,567FY 2020 Expenditure/Student: $26,811$26,811FY 2020360 stdsFY 2021 Revenue/Student: $32,254$32,254FY 2021 Expenditure/Student: $30,163$30,163FY 2021307 stdsFY 2022 Revenue/Student: $31,225$31,225FY 2022 Expenditure/Student: $29,243$29,243FY 2022329 stdsFY 2023 Revenue/Student: $34,102$34,102FY 2023 Expenditure/Student: $32,130$32,130FY 2023323 stdsFY 2024 Revenue/Student: $32,125$32,125FY 2024 Expenditure/Student: $32,305$32,305FY 2024328 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $34,102

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 328 $10,537,000 $10,596,000 $5,247,000 $229,000 $2,255,000
FY 2023 323 $11,015,000 $10,378,000 $5,208,000 $235,000 $2,915,000
FY 2022 329 $10,273,000 $9,621,000 $4,808,000 $282,000 $3,570,000
FY 2021 307 $9,902,000 $9,260,000 $4,789,000 $98,000 $4,195,000
FY 2020 360 $10,284,000 $9,652,000 $4,702,000 $96,000 $4,825,000