SD
Regular Public School District
6 Schools
Tea Area School District 41-5
Tea, SD 57064
•
Lincoln County
•
6 Operating Schools
(605) 498-2700
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 2,408 students
Total Revenue
$33,646,000
Total Expenditure
$50,559,000
Classroom Instruction
$13,986,000
Outstanding Debt
$84,575,000
Revenue Sources
| State Government Funds | $15,208,000 | 45.2% | |
| Local Taxes & Fees | $16,989,000 | 50.5% | |
| Federal Aid | $1,449,000 | 4.3% | |
| Total Revenue | $33,646,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $13,986,000 | 27.7% | |
| Support Services | $9,507,000 | 18.8% | |
| Capital Outlays | $21,569,000 | 42.7% | |
| Other / Operations | $5,497,000 | 10.9% | |
| Total Expenditure | $50,559,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $20,996
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 2,408 | $33,646,000 | $50,559,000 | $13,986,000 | $21,569,000 | $84,575,000 |
| FY 2023 | 2,361 | $29,423,000 | $30,894,000 | $13,026,000 | $4,423,000 | $86,305,000 |
| FY 2022 | 2,243 | $25,505,000 | $25,028,000 | $11,114,000 | $3,203,000 | $49,000,000 |
| FY 2021 | 2,061 | $23,223,000 | $20,272,000 | $10,106,000 | $632,000 | $50,545,000 |
| FY 2020 | 1,962 | $20,800,000 | $24,365,000 | $9,396,000 | $6,289,000 | $49,110,000 |