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MN Regular Public School District 8 Schools

CLOQUET PUBLIC SCHOOL DISTRICT

CLOQUET, MN 55720 • Carlton County • 8 Operating Schools
(218) 879-6721
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 2,598 students
Census F-33 • FY 2024
Total Revenue
$54,645,000
Total Expenditure
$52,485,000
Classroom Instruction
$28,987,000
Outstanding Debt
$55,331,000

Revenue Sources

State Government Funds: $35,063,000 (64.2%) Local Taxes & Fees: $14,164,000 (25.9%) Federal Aid: $5,418,000 (9.9%)
State Government Funds $35,063,000 64.2%
Local Taxes & Fees $14,164,000 25.9%
Federal Aid $5,418,000 9.9%
Total Revenue $54,645,000 100.0%

Expenditure Allocation

Classroom Instruction: $28,987,000 (55.2%) Support Services: $10,793,000 (20.6%) Capital Outlays: $5,160,000 (9.8%) Other / Operations: $7,545,000 (14.4%)
Classroom Instruction $28,987,000 55.2%
Support Services $10,793,000 20.6%
Capital Outlays $5,160,000 9.8%
Other / Operations $7,545,000 14.4%
Total Expenditure $52,485,000 100.0%

Financial Comparison & Trends Chart

$0$6,250$12,500$18,750$25,000FY 2020 Revenue/Student: $16,204$16,204FY 2020 Expenditure/Student: $15,425$15,425FY 20202,681 stdsFY 2021 Revenue/Student: $17,183$17,183FY 2021 Expenditure/Student: $15,974$15,974FY 20212,634 stdsFY 2022 Revenue/Student: $17,516$17,516FY 2022 Expenditure/Student: $17,349$17,349FY 20222,646 stdsFY 2023 Revenue/Student: $18,393$18,393FY 2023 Expenditure/Student: $18,188$18,188FY 20232,641 stdsFY 2024 Revenue/Student: $21,033$21,033FY 2024 Expenditure/Student: $20,202$20,202FY 20242,598 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $21,033

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 2,598 $54,645,000 $52,485,000 $28,987,000 $5,160,000 $55,331,000
FY 2023 2,641 $48,576,000 $48,035,000 $26,999,000 $3,420,000 $55,848,000
FY 2022 2,646 $46,348,000 $45,905,000 $25,876,000 $3,049,000 $56,043,000
FY 2021 2,634 $45,259,000 $42,075,000 $23,792,000 $1,761,000 $59,375,000
FY 2020 2,681 $43,443,000 $41,354,000 $23,727,000 $1,913,000 $60,401,000