MA
Regular Public School District
7 Schools
Wakefield
Wakefield, MA 01880
•
Middlesex County
•
7 Operating Schools
(781) 246-6400
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 3,365 students
Total Revenue
$76,920,000
Total Expenditure
$83,689,000
Classroom Instruction
$52,399,000
Outstanding Debt
N/A
Revenue Sources
| State Government Funds | $18,091,000 | 23.5% | |
| Local Taxes & Fees | $54,507,000 | 70.9% | |
| Federal Aid | $4,322,000 | 5.6% | |
| Total Revenue | $76,920,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $52,399,000 | 62.6% | |
| Support Services | $24,939,000 | 29.8% | |
| Capital Outlays | $2,079,000 | 2.5% | |
| Other / Operations | $4,272,000 | 5.1% | |
| Total Expenditure | $83,689,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $24,870
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 3,365 | $76,920,000 | $83,689,000 | $52,399,000 | $2,079,000 | N/A |
| FY 2023 | 3,335 | $75,097,000 | $78,491,000 | $50,429,000 | $180,000 | $35,788,000 |
| FY 2022 | 3,318 | $70,439,000 | $73,671,000 | $45,471,000 | $208,000 | $37,328,000 |
| FY 2021 | 3,309 | $70,867,000 | $69,958,000 | $42,062,000 | $495,000 | $38,273,000 |
| FY 2020 | 3,485 | $69,661,000 | $69,092,000 | $42,183,000 | $798,000 | $40,744,000 |