MN
Regular Public School District
9 Schools
Albert Lea Public School District
ALBERT LEA, MN 56007
•
Freeborn County
•
9 Operating Schools
(507) 379-4800
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 3,338 students
Total Revenue
$67,674,000
Total Expenditure
$66,852,000
Classroom Instruction
$40,080,000
Outstanding Debt
$34,037,000
Revenue Sources
| State Government Funds | $49,604,000 | 73.3% | |
| Local Taxes & Fees | $12,541,000 | 18.5% | |
| Federal Aid | $5,529,000 | 8.2% | |
| Total Revenue | $67,674,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $40,080,000 | 60% | |
| Support Services | $16,610,000 | 24.8% | |
| Capital Outlays | $3,790,000 | 5.7% | |
| Other / Operations | $6,372,000 | 9.5% | |
| Total Expenditure | $66,852,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $20,274
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 3,338 | $67,674,000 | $66,852,000 | $40,080,000 | $3,790,000 | $34,037,000 |
| FY 2023 | 3,460 | $64,106,000 | $62,402,000 | $37,162,000 | $2,861,000 | $37,392,000 |
| FY 2022 | 3,506 | $62,782,000 | $59,331,000 | $36,396,000 | $2,332,000 | $39,066,000 |
| FY 2021 | 3,500 | $59,010,000 | $59,314,000 | $35,208,000 | $4,970,000 | $41,721,000 |
| FY 2020 | 3,572 | $57,953,000 | $67,130,000 | $34,044,000 | $13,831,000 | $42,904,000 |