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MN Regular Public School District 2 Schools

CANNON FALLS PUBLIC SCHOOL DISTRICT

CANNON FALLS, MN 55009 • Goodhue County • 2 Operating Schools
(507) 263-6800
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,044 students
Census F-33 • FY 2024
Total Revenue
$19,351,000
Total Expenditure
$22,866,000
Classroom Instruction
$9,182,000
Outstanding Debt
$22,592,000

Revenue Sources

State Government Funds: $12,330,000 (63.7%) Local Taxes & Fees: $6,451,000 (33.3%) Federal Aid: $570,000 (2.9%)
State Government Funds $12,330,000 63.7%
Local Taxes & Fees $6,451,000 33.3%
Federal Aid $570,000 2.9%
Total Revenue $19,351,000 100.0%

Expenditure Allocation

Classroom Instruction: $9,182,000 (40.2%) Support Services: $4,542,000 (19.9%) Capital Outlays: $5,273,000 (23.1%) Other / Operations: $3,869,000 (16.9%)
Classroom Instruction $9,182,000 40.2%
Support Services $4,542,000 19.9%
Capital Outlays $5,273,000 23.1%
Other / Operations $3,869,000 16.9%
Total Expenditure $22,866,000 100.0%

Financial Comparison & Trends Chart

$0$6,500$13,000$19,500$26,000FY 2020 Revenue/Student: $14,987$14,987FY 2020 Expenditure/Student: $14,139$14,139FY 20201,162 stdsFY 2021 Revenue/Student: $15,472$15,472FY 2021 Expenditure/Student: $14,505$14,505FY 20211,129 stdsFY 2022 Revenue/Student: $16,905$16,905FY 2022 Expenditure/Student: $16,384$16,384FY 20221,087 stdsFY 2023 Revenue/Student: $17,193$17,193FY 2023 Expenditure/Student: $20,229$20,229FY 20231,055 stdsFY 2024 Revenue/Student: $18,535$18,535FY 2024 Expenditure/Student: $21,902$21,902FY 20241,044 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $21,902

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,044 $19,351,000 $22,866,000 $9,182,000 $5,273,000 $22,592,000
FY 2023 1,055 $18,139,000 $21,342,000 $8,829,000 $4,239,000 $20,944,000
FY 2022 1,087 $18,376,000 $17,809,000 $8,834,000 $1,438,000 $22,672,000
FY 2021 1,129 $17,468,000 $16,376,000 $8,512,000 $937,000 $16,398,000
FY 2020 1,162 $17,415,000 $16,429,000 $8,617,000 $694,000 $18,133,000