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MN Regular Public School District 3 Schools

BAGLEY PUBLIC SCHOOL DISTRICT

BAGLEY, MN 56621 • Clearwater County • 3 Operating Schools
(218) 694-6184
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 921 students
Census F-33 • FY 2024
Total Revenue
$16,070,000
Total Expenditure
$16,396,000
Classroom Instruction
$8,310,000
Outstanding Debt
$4,580,000

Revenue Sources

State Government Funds: $11,975,000 (74.5%) Local Taxes & Fees: $2,393,000 (14.9%) Federal Aid: $1,702,000 (10.6%)
State Government Funds $11,975,000 74.5%
Local Taxes & Fees $2,393,000 14.9%
Federal Aid $1,702,000 10.6%
Total Revenue $16,070,000 100.0%

Expenditure Allocation

Classroom Instruction: $8,310,000 (50.7%) Support Services: $4,666,000 (28.5%) Capital Outlays: $1,644,000 (10%) Other / Operations: $1,776,000 (10.8%)
Classroom Instruction $8,310,000 50.7%
Support Services $4,666,000 28.5%
Capital Outlays $1,644,000 10%
Other / Operations $1,776,000 10.8%
Total Expenditure $16,396,000 100.0%

Financial Comparison & Trends Chart

$0$5,500$11,000$16,500$22,000FY 2020 Revenue/Student: $14,099$14,099FY 2020 Expenditure/Student: $14,895$14,895FY 2020998 stdsFY 2021 Revenue/Student: $15,673$15,673FY 2021 Expenditure/Student: $15,558$15,558FY 2021936 stdsFY 2022 Revenue/Student: $15,084$15,084FY 2022 Expenditure/Student: $18,340$18,340FY 2022935 stdsFY 2023 Revenue/Student: $15,670$15,670FY 2023 Expenditure/Student: $18,387$18,387FY 2023946 stdsFY 2024 Revenue/Student: $17,448$17,448FY 2024 Expenditure/Student: $17,802$17,802FY 2024921 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $18,387

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 921 $16,070,000 $16,396,000 $8,310,000 $1,644,000 $4,580,000
FY 2023 946 $14,824,000 $17,394,000 $7,764,000 $3,356,000 $2,660,000
FY 2022 935 $14,104,000 $17,148,000 $8,119,000 $2,578,000 $5,604,000
FY 2021 936 $14,670,000 $14,562,000 $7,353,000 $1,291,000 $12,215,000
FY 2020 998 $14,071,000 $14,865,000 $7,483,000 $1,405,000 $8,429,000