Skip to main content
MN Regular Public School District 5 Schools

ALBANY PUBLIC SCHOOL DISTRICT

ALBANY, MN 56307 • Stearns County • 5 Operating Schools
(320) 845-2171
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,799 students
Census F-33 • FY 2024
Total Revenue
$32,457,000
Total Expenditure
$42,043,000
Classroom Instruction
$15,064,000
Outstanding Debt
$45,410,000

Revenue Sources

State Government Funds: $21,614,000 (66.6%) Local Taxes & Fees: $9,375,000 (28.9%) Federal Aid: $1,468,000 (4.5%)
State Government Funds $21,614,000 66.6%
Local Taxes & Fees $9,375,000 28.9%
Federal Aid $1,468,000 4.5%
Total Revenue $32,457,000 100.0%

Expenditure Allocation

Classroom Instruction: $15,064,000 (35.8%) Support Services: $7,116,000 (16.9%) Capital Outlays: $14,206,000 (33.8%) Other / Operations: $5,657,000 (13.5%)
Classroom Instruction $15,064,000 35.8%
Support Services $7,116,000 16.9%
Capital Outlays $14,206,000 33.8%
Other / Operations $5,657,000 13.5%
Total Expenditure $42,043,000 100.0%

Financial Comparison & Trends Chart

$0$6,750$13,500$20,250$27,000FY 2020 Revenue/Student: $14,049$14,049FY 2020 Expenditure/Student: $14,257$14,257FY 20201,795 stdsFY 2021 Revenue/Student: $14,681$14,681FY 2021 Expenditure/Student: $14,940$14,940FY 20211,786 stdsFY 2022 Revenue/Student: $15,821$15,821FY 2022 Expenditure/Student: $15,076$15,076FY 20221,774 stdsFY 2023 Revenue/Student: $15,639$15,639FY 2023 Expenditure/Student: $16,411$16,411FY 20231,788 stdsFY 2024 Revenue/Student: $18,042$18,042FY 2024 Expenditure/Student: $23,370$23,370FY 20241,799 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $23,370

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,799 $32,457,000 $42,043,000 $15,064,000 $14,206,000 $45,410,000
FY 2023 1,788 $27,962,000 $29,343,000 $14,713,000 $3,370,000 $47,531,000
FY 2022 1,774 $28,067,000 $26,744,000 $14,814,000 $759,000 $31,981,000
FY 2021 1,786 $26,220,000 $26,683,000 $13,772,000 $2,754,000 $33,653,000
FY 2020 1,795 $25,218,000 $25,592,000 $13,111,000 $2,794,000 $35,260,000