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MN Regular Public School District 2 Schools

BLACKDUCK PUBLIC SCHOOL DISTRICT

BLACKDUCK, MN 56630 • Beltrami County • 2 Operating Schools
(218) 835-5200

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 739 students
Census F-33 • FY 2024
Total Revenue
$12,794,000
Total Expenditure
$12,372,000
Classroom Instruction
$7,079,000
Outstanding Debt
$3,103,000

Revenue Sources

State Government Funds: $10,276,000 (80.3%) Local Taxes & Fees: $1,381,000 (10.8%) Federal Aid: $1,137,000 (8.9%)
State Government Funds $10,276,000 80.3%
Local Taxes & Fees $1,381,000 10.8%
Federal Aid $1,137,000 8.9%
Total Revenue $12,794,000 100.0%

Expenditure Allocation

Classroom Instruction: $7,079,000 (57.2%) Support Services: $3,383,000 (27.3%) Capital Outlays: $659,000 (5.3%) Other / Operations: $1,251,000 (10.1%)
Classroom Instruction $7,079,000 57.2%
Support Services $3,383,000 27.3%
Capital Outlays $659,000 5.3%
Other / Operations $1,251,000 10.1%
Total Expenditure $12,372,000 100.0%

Financial Comparison & Trends Chart

$0$5,750$11,500$17,250$23,000FY 2020 Revenue/Student: $14,979$14,979FY 2020 Expenditure/Student: $14,758$14,758FY 2020670 stdsFY 2021 Revenue/Student: $16,388$16,388FY 2021 Expenditure/Student: $16,132$16,132FY 2021642 stdsFY 2022 Revenue/Student: $15,939$15,939FY 2022 Expenditure/Student: $15,884$15,884FY 2022690 stdsFY 2023 Revenue/Student: $18,979$18,979FY 2023 Expenditure/Student: $19,671$19,671FY 2023712 stdsFY 2024 Revenue/Student: $17,313$17,313FY 2024 Expenditure/Student: $16,742$16,742FY 2024739 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $19,671

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 739 $12,794,000 $12,372,000 $7,079,000 $659,000 $3,103,000
FY 2023 712 $13,513,000 $14,006,000 $6,547,000 $3,045,000 $3,340,000
FY 2022 690 $10,998,000 $10,960,000 $6,218,000 $589,000 $3,630,000
FY 2021 642 $10,521,000 $10,357,000 $5,883,000 $465,000 $3,910,000
FY 2020 670 $10,036,000 $9,888,000 $5,628,000 $489,000 $4,160,000