ND
Regular Public School District
2 Schools
VELVA 1
Velva, ND 58790
•
McHenry County
•
2 Operating Schools
(701) 338-2022
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 438 students
Total Revenue
$7,391,000
Total Expenditure
$6,799,000
Classroom Instruction
$4,004,000
Outstanding Debt
$275,000
Revenue Sources
| State Government Funds | $3,999,000 | 54.1% | |
| Local Taxes & Fees | $2,981,000 | 40.3% | |
| Federal Aid | $411,000 | 5.6% | |
| Total Revenue | $7,391,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $4,004,000 | 58.9% | |
| Support Services | $1,806,000 | 26.6% | |
| Capital Outlays | $293,000 | 4.3% | |
| Other / Operations | $696,000 | 10.2% | |
| Total Expenditure | $6,799,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $18,293
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 438 | $7,391,000 | $6,799,000 | $4,004,000 | $293,000 | $275,000 |
| FY 2023 | 441 | $7,630,000 | $8,067,000 | $4,374,000 | $1,010,000 | $825,000 |
| FY 2022 | 451 | $7,570,000 | $7,894,000 | $4,195,000 | $1,093,000 | $1,100,000 |
| FY 2021 | 458 | $7,009,000 | $6,654,000 | $4,099,000 | $280,000 | $1,375,000 |
| FY 2020 | 474 | $7,197,000 | $7,351,000 | $3,583,000 | $1,026,000 | $1,650,000 |