Asheboro City Schools District allocated a total of $23.8 million from state funds to salary in the 2023-24 school year, according to data gathered by the North Carolina Department of Public Instruction.
This sum represents a 4.2% increase when compared to the $22.9 million spent the previous year on salary.
Among the various expenditures, the largest expenditure from state funds was $23.8 million for salary, followed by employee benefits on which $10.8 million was spent, and purchased services with $1.5 million. Additionally, expenditures for supplies and materials and other were $491,616 and $46,476, 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 |
|---|---|---|---|
| Purchased Services | $915,557 | $1,530,080 | 67.1% |
| Salary | $22,866,857 | $23,830,643 | 4.2% |
| Other | $45,000 | $46,476 | 3.3% |
| Employee Benefits | $10,506,395 | $10,782,555 | 2.6% |
| Supplies And Materials | $797,933 | $491,616 | -38.4% |
