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MN Regular Public School District 3 Schools

Buffalo Lake-Hector-Stewart

HECTOR, MN 55342 • Renville County • 3 Operating Schools
(320) 848-2233
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 446 students
Census F-33 • FY 2024
Total Revenue
$8,603,000
Total Expenditure
$9,780,000
Classroom Instruction
$4,318,000
Outstanding Debt
$1,985,000

Revenue Sources

State Government Funds: $5,863,000 (68.2%) Local Taxes & Fees: $1,984,000 (23.1%) Federal Aid: $756,000 (8.8%)
State Government Funds $5,863,000 68.2%
Local Taxes & Fees $1,984,000 23.1%
Federal Aid $756,000 8.8%
Total Revenue $8,603,000 100.0%

Expenditure Allocation

Classroom Instruction: $4,318,000 (44.2%) Support Services: $2,897,000 (29.6%) Capital Outlays: $1,139,000 (11.6%) Other / Operations: $1,426,000 (14.6%)
Classroom Instruction $4,318,000 44.2%
Support Services $2,897,000 29.6%
Capital Outlays $1,139,000 11.6%
Other / Operations $1,426,000 14.6%
Total Expenditure $9,780,000 100.0%

Financial Comparison & Trends Chart

$0$6,500$13,000$19,500$26,000FY 2020 Revenue/Student: $14,525$14,525FY 2020 Expenditure/Student: $15,283$15,283FY 2020501 stdsFY 2021 Revenue/Student: $15,328$15,328FY 2021 Expenditure/Student: $14,937$14,937FY 2021479 stdsFY 2022 Revenue/Student: $15,549$15,549FY 2022 Expenditure/Student: $16,588$16,588FY 2022495 stdsFY 2023 Revenue/Student: $18,370$18,370FY 2023 Expenditure/Student: $18,137$18,137FY 2023468 stdsFY 2024 Revenue/Student: $19,289$19,289FY 2024 Expenditure/Student: $21,928$21,928FY 2024446 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $21,928

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 446 $8,603,000 $9,780,000 $4,318,000 $1,139,000 $1,985,000
FY 2023 468 $8,597,000 $8,488,000 $3,912,000 $520,000 $1,166,000
FY 2022 495 $7,697,000 $8,211,000 $3,642,000 $1,176,000 $1,285,000
FY 2021 479 $7,342,000 $7,155,000 $3,383,000 $578,000 $1,010,000
FY 2020 501 $7,277,000 $7,657,000 $3,724,000 $574,000 $1,168,000