Alexander County Schools District allocated a total of $15,259 from state funds to capital outlay in the 2023-24 school year, according to data gathered by the North Carolina Department of Public Instruction.
This sum represents an 11.2% increase when compared to the $13,716 spent the previous year on capital outlay.
Among the various expenditures, the largest expenditure from state funds was $24.3 million for salary, followed by employee benefits on which $11.4 million was spent, and supplies and materials with $940,428. Additionally, expenditures for purchased services and capital outlay were $872,688 and $15,259, respectively.
Despite steady enrollment, North Carolina schools continue to face significant funding challenges. The state’s per-student spending remains nearly $5,000 below the national average, limiting resources for teachers, classrooms, and student support programs. In fact, North Carolina ranks 48th out of 50 states in per-student funding (after adjusting for regional costs).
| Category | Spending in 2022-23 | Spending in 2023-24 | % Difference |
|---|---|---|---|
| Other | $600 | $985 | 64.2% |
| Supplies And Materials | $807,919 | $940,428 | 16.4% |
| Capital Outlay | $13,716 | $15,259 | 11.2% |
| Purchased Services | $816,477 | $872,688 | 6.9% |
| Salary | $23,984,986 | $24,309,795 | 1.4% |
| Employee Benefits | $11,428,739 | $11,372,968 | -0.5% |
