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MN Specialized Public School District 1 Schools

Austin Albert Lea Area Special Educ

AUSTIN, MN 55912 • Mower County • 1 Operating Schools
(507) 460-1850
Official Website

Fiscal Year 2024 Financial Balance Sheet

Census F-33 • FY 2024
Total Revenue
$3,163,000
Total Expenditure
$5,005,000
Classroom Instruction
$2,276,000
Outstanding Debt
$2,211,000

Revenue Sources

State Government Funds: $2,603,000 (82.3%) Local Taxes & Fees: $546,000 (17.3%) Federal Aid: $14,000 (0.4%)
State Government Funds $2,603,000 82.3%
Local Taxes & Fees $546,000 17.3%
Federal Aid $14,000 0.4%
Total Revenue $3,163,000 100.0%

Expenditure Allocation

Classroom Instruction: $2,276,000 (45.5%) Support Services: $337,000 (6.7%) Capital Outlays: $93,000 (1.9%) Other / Operations: $2,299,000 (45.9%)
Classroom Instruction $2,276,000 45.5%
Support Services $337,000 6.7%
Capital Outlays $93,000 1.9%
Other / Operations $2,299,000 45.9%
Total Expenditure $5,005,000 100.0%

Financial Comparison & Trends Chart

$0$0$1$1$1N/AFY 2020Enrollment N/AN/AFY 2021Enrollment N/AN/AFY 2022Enrollment N/AN/AFY 2023Enrollment N/AN/AFY 2024Enrollment N/A
Revenue per Student Expenditure per Student
Peak Per-Pupil: $1

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 N/A $3,163,000 $5,005,000 $2,276,000 $93,000 $2,211,000
FY 2023 N/A $3,190,000 $4,780,000 $2,188,000 $138,000 $2,475,000
FY 2022 N/A $2,690,000 $4,195,000 $1,967,000 $6,000 $2,733,000
FY 2021 N/A $2,783,000 $4,321,000 $2,006,000 $27,000 $2,985,000
FY 2020 0 $2,778,000 $4,181,000 $1,902,000 $21,000 $3,230,000