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VA Regular Public School District 88 Schools

Virginia Beach City Public Schools

Virginia Beach, VA 23456 • Virginia Beach city County • 88 Operating Schools
(757) 263-1007
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 64,986 students
Census F-33 • FY 2024
Total Revenue
$1,124,994,000
Total Expenditure
$1,138,886,000
Classroom Instruction
$582,640,000
Outstanding Debt
$316,534,000

Revenue Sources

State Government Funds: $491,471,000 (43.7%) Local Taxes & Fees: $506,227,000 (45%) Federal Aid: $127,296,000 (11.3%)
State Government Funds $491,471,000 43.7%
Local Taxes & Fees $506,227,000 45%
Federal Aid $127,296,000 11.3%
Total Revenue $1,124,994,000 100.0%

Expenditure Allocation

Classroom Instruction: $582,640,000 (51.2%) Support Services: $395,168,000 (34.7%) Capital Outlays: $75,616,000 (6.6%) Other / Operations: $85,462,000 (7.5%)
Classroom Instruction $582,640,000 51.2%
Support Services $395,168,000 34.7%
Capital Outlays $75,616,000 6.6%
Other / Operations $85,462,000 7.5%
Total Expenditure $1,138,886,000 100.0%

Financial Comparison & Trends Chart

$0$5,250$10,500$15,750$21,000FY 2020 Revenue/Student: $12,743$12,743FY 2020 Expenditure/Student: $13,565$13,565FY 202068,706 stdsFY 2021 Revenue/Student: $14,165$14,165FY 2021 Expenditure/Student: $14,268$14,268FY 202165,612 stdsFY 2022 Revenue/Student: $15,914$15,914FY 2022 Expenditure/Student: $15,459$15,459FY 202265,450 stdsFY 2023 Revenue/Student: $16,623$16,623FY 2023 Expenditure/Student: $16,561$16,561FY 202365,456 stdsFY 2024 Revenue/Student: $17,311$17,311FY 2024 Expenditure/Student: $17,525$17,525FY 202464,986 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $17,525

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 64,986 $1,124,994,000 $1,138,886,000 $582,640,000 $75,616,000 $316,534,000
FY 2023 65,456 $1,088,062,000 $1,084,017,000 $545,827,000 $65,651,000 $331,537,000
FY 2022 65,450 $1,041,568,000 $1,011,795,000 $535,979,000 $46,960,000 $362,995,000
FY 2021 65,612 $929,419,000 $936,164,000 $492,802,000 $61,668,000 $329,139,000
FY 2020 68,706 $875,527,000 $932,013,000 $481,908,000 $80,050,000 $0