My home town, which is pretty far from rural, is consolidating schools at all levels across the county for lack of enrollment and big population drop of school age kids. In fact, some isolated areas aside, the US of A is experiencing a significant net population drop of school age children overall, not to mention the exodus to private/parochial schools. I've got friends who aren't even remotely Catholic sending their kids to Catholic school, and that is the only reason their long term decline has stabilized.
My new town has brand new elementary schools and a new high school that are pretty far below capacity. The only reason they got built was the money to do so was "free". I got to tour one during their pre-opening open house. It has exactly zero-point-zero of that "it'll fall down if you pee against the side of it" construction I came to know where I went to school, and has the look and feel of a solid government works building from the 1950s, including full impact glass in an area not know for windstorms.
I don't think that category is lacking for money.