Vance County Schools District allocated a total of $30.3 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 an 8.4% increase when compared to the $28 million spent the previous year on salary.
Among the various expenditures, the largest expenditure from state funds was $30.3 million for salary, followed by employee benefits on which $12.6 million was spent, and purchased services with $4.5 million. Additionally, expenditures for supplies and materials and capital outlay were $2 million and $412,891, 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 |
|---|---|---|---|
| Employee Benefits | $11,506,705 | $12,607,557 | 9.6% |
| Salary | $27,982,115 | $30,339,795 | 8.4% |
| Supplies And Materials | $1,967,931 | $1,987,226 | 1% |
| Purchased Services | $4,531,163 | $4,531,100 | ~0% |
| Capital Outlay | $431,275 | $412,891 | -4.3% |
| Other | $52,037 | $21,499 | -58.7% |
