Davidson County Schools District allocated a total of $40.4 million from state funds to employee benefits in the 2023-24 school year, according to data gathered by the North Carolina Department of Public Instruction.
This sum represents a 4.6% increase when compared to the $38.6 million spent the previous year on employee benefits.
Among the various expenditures, the largest expenditure from state funds was $87 million for salary, followed by employee benefits on which $40.4 million was spent, and purchased services with $4.1 million. Additionally, expenditures for supplies and materials and other were $3.3 million and $61,964, 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 | $23,016 | $61,964 | 169.2% |
| Purchased Services | $2,925,703 | $4,087,501 | 39.7% |
| Capital Outlay | $38,502 | $40,751 | 5.8% |
| Employee Benefits | $38,617,189 | $40,406,566 | 4.6% |
| Salary | $84,072,473 | $86,982,083 | 3.5% |
| Supplies And Materials | $4,653,370 | $3,296,570 | -29.2% |
