TN
Regular Public School District
14 Schools
Tipton County
Covington, TN 38019
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Tipton County
•
14 Operating Schools
(901) 476-7148
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 10,092 students
Total Revenue
$133,158,000
Total Expenditure
$127,995,000
Classroom Instruction
$64,192,000
Outstanding Debt
$0
Revenue Sources
| State Government Funds | $78,576,000 | 59% | |
| Local Taxes & Fees | $29,679,000 | 22.3% | |
| Federal Aid | $24,903,000 | 18.7% | |
| Total Revenue | $133,158,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $64,192,000 | 50.2% | |
| Support Services | $34,077,000 | 26.6% | |
| Capital Outlays | $22,163,000 | 17.3% | |
| Other / Operations | $7,563,000 | 5.9% | |
| Total Expenditure | $127,995,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $13,194
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 10,092 | $133,158,000 | $127,995,000 | $64,192,000 | $22,163,000 | $0 |
| FY 2023 | 10,249 | $112,450,000 | $109,391,000 | $63,897,000 | $7,106,000 | $0 |
| FY 2022 | 10,300 | $116,538,000 | $114,582,000 | $63,866,000 | $14,046,000 | $0 |
| FY 2021 | 10,393 | $105,087,000 | $103,253,000 | $60,661,000 | $8,869,000 | $5,052,000 |
| FY 2020 | 10,681 | $97,809,000 | $95,860,000 | $59,055,000 | $3,133,000 | $0 |