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MN Regular Public School District 2 Schools

BARNUM PUBLIC SCHOOL DISTRICT

BARNUM, MN 55707 • Carlton County • 2 Operating Schools
(218) 389-6978
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 675 students
Census F-33 • FY 2024
Total Revenue
$11,477,000
Total Expenditure
$13,225,000
Classroom Instruction
$5,745,000
Outstanding Debt
$9,355,000

Revenue Sources

State Government Funds: $8,050,000 (70.1%) Local Taxes & Fees: $2,727,000 (23.8%) Federal Aid: $700,000 (6.1%)
State Government Funds $8,050,000 70.1%
Local Taxes & Fees $2,727,000 23.8%
Federal Aid $700,000 6.1%
Total Revenue $11,477,000 100.0%

Expenditure Allocation

Classroom Instruction: $5,745,000 (43.4%) Support Services: $2,647,000 (20%) Capital Outlays: $3,416,000 (25.8%) Other / Operations: $1,417,000 (10.7%)
Classroom Instruction $5,745,000 43.4%
Support Services $2,647,000 20%
Capital Outlays $3,416,000 25.8%
Other / Operations $1,417,000 10.7%
Total Expenditure $13,225,000 100.0%

Financial Comparison & Trends Chart

$0$5,750$11,500$17,250$23,000FY 2020 Revenue/Student: $13,061$13,061FY 2020 Expenditure/Student: $13,151$13,151FY 2020727 stdsFY 2021 Revenue/Student: $13,706$13,706FY 2021 Expenditure/Student: $12,647$12,647FY 2021712 stdsFY 2022 Revenue/Student: $15,083$15,083FY 2022 Expenditure/Student: $14,366$14,366FY 2022708 stdsFY 2023 Revenue/Student: $15,096$15,096FY 2023 Expenditure/Student: $15,129$15,129FY 2023696 stdsFY 2024 Revenue/Student: $17,003$17,003FY 2024 Expenditure/Student: $19,593$19,593FY 2024675 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $19,593

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 675 $11,477,000 $13,225,000 $5,745,000 $3,416,000 $9,355,000
FY 2023 696 $10,507,000 $10,530,000 $5,532,000 $1,129,000 $12,033,000
FY 2022 708 $10,679,000 $10,171,000 $5,729,000 $652,000 $943,000
FY 2021 712 $9,759,000 $9,005,000 $5,160,000 $462,000 $1,225,000
FY 2020 727 $9,495,000 $9,561,000 $5,556,000 $566,000 $1,490,000