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MN Regular Public School District 11 Schools

Buffalo-Hanover-Montrose Schools

BUFFALO, MN 55313 • Wright County • 11 Operating Schools
(763) 682-8707
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 5,282 students
Census F-33 • FY 2024
Total Revenue
$99,782,000
Total Expenditure
$90,510,000
Classroom Instruction
$51,974,000
Outstanding Debt
$74,760,000

Revenue Sources

State Government Funds: $63,872,000 (64%) Local Taxes & Fees: $30,619,000 (30.7%) Federal Aid: $5,291,000 (5.3%)
State Government Funds $63,872,000 64%
Local Taxes & Fees $30,619,000 30.7%
Federal Aid $5,291,000 5.3%
Total Revenue $99,782,000 100.0%

Expenditure Allocation

Classroom Instruction: $51,974,000 (57.4%) Support Services: $22,134,000 (24.5%) Capital Outlays: $4,783,000 (5.3%) Other / Operations: $11,619,000 (12.8%)
Classroom Instruction $51,974,000 57.4%
Support Services $22,134,000 24.5%
Capital Outlays $4,783,000 5.3%
Other / Operations $11,619,000 12.8%
Total Expenditure $90,510,000 100.0%

Financial Comparison & Trends Chart

$0$5,500$11,000$16,500$22,000FY 2020 Revenue/Student: $14,205$14,205FY 2020 Expenditure/Student: $13,199$13,199FY 20205,832 stdsFY 2021 Revenue/Student: $16,316$16,316FY 2021 Expenditure/Student: $14,431$14,431FY 20215,500 stdsFY 2022 Revenue/Student: $17,007$17,007FY 2022 Expenditure/Student: $15,572$15,572FY 20225,261 stdsFY 2023 Revenue/Student: $17,090$17,090FY 2023 Expenditure/Student: $15,958$15,958FY 20235,313 stdsFY 2024 Revenue/Student: $18,891$18,891FY 2024 Expenditure/Student: $17,136$17,136FY 20245,282 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $18,891

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 5,282 $99,782,000 $90,510,000 $51,974,000 $4,783,000 $74,760,000
FY 2023 5,313 $90,797,000 $84,784,000 $48,023,000 $4,917,000 $56,073,000
FY 2022 5,261 $89,476,000 $81,922,000 $46,534,000 $4,210,000 $60,500,000
FY 2021 5,500 $89,736,000 $79,371,000 $44,420,000 $4,266,000 $56,158,000
FY 2020 5,832 $82,842,000 $76,979,000 $42,611,000 $4,988,000 $59,485,000