Mooresville Graded School District allocated a total of $12.3 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 6.8% increase when compared to the $11.5 million spent the previous year on employee benefits.
Among the various expenditures, the largest expenditure from state funds was $27.7 million for salary, followed by employee benefits on which $12.3 million was spent, and supplies and materials with $875,997. Additionally, expenditures for purchased services and capital outlay were $831,606 and $21,229, 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 | $666,318 | $831,606 | 24.8% |
| Salary | $25,868,453 | $27,668,210 | 7% |
| Employee Benefits | $11,480,475 | $12,266,411 | 6.8% |
| Supplies And Materials | $2,635,039 | $875,997 | -66.8% |
| Capital Outlay | $189,512 | $21,229 | -88.8% |
| Other | — | $310 | — |
