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MN Regular Public School District 4 Schools

DEER RIVER PUBLIC SCHOOL DISTRICT

DEER RIVER, MN 56636 • Itasca County • 4 Operating Schools
(218) 246-2420
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 852 students
Census F-33 • FY 2024
Total Revenue
$21,035,000
Total Expenditure
$24,732,000
Classroom Instruction
$10,615,000
Outstanding Debt
$19,200,000

Revenue Sources

State Government Funds: $13,047,000 (62%) Local Taxes & Fees: $4,134,000 (19.7%) Federal Aid: $3,854,000 (18.3%)
State Government Funds $13,047,000 62%
Local Taxes & Fees $4,134,000 19.7%
Federal Aid $3,854,000 18.3%
Total Revenue $21,035,000 100.0%

Expenditure Allocation

Classroom Instruction: $10,615,000 (42.9%) Support Services: $6,597,000 (26.7%) Capital Outlays: $4,230,000 (17.1%) Other / Operations: $3,290,000 (13.3%)
Classroom Instruction $10,615,000 42.9%
Support Services $6,597,000 26.7%
Capital Outlays $4,230,000 17.1%
Other / Operations $3,290,000 13.3%
Total Expenditure $24,732,000 100.0%

Financial Comparison & Trends Chart

$0$8,500$17,000$25,500$34,000FY 2020 Revenue/Student: $19,021$19,021FY 2020 Expenditure/Student: $20,392$20,392FY 2020952 stdsFY 2021 Revenue/Student: $22,947$22,947FY 2021 Expenditure/Student: $20,039$20,039FY 2021917 stdsFY 2022 Revenue/Student: $21,875$21,875FY 2022 Expenditure/Student: $22,375$22,375FY 2022901 stdsFY 2023 Revenue/Student: $22,279$22,279FY 2023 Expenditure/Student: $24,233$24,233FY 2023885 stdsFY 2024 Revenue/Student: $24,689$24,689FY 2024 Expenditure/Student: $29,028$29,028FY 2024852 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $29,028

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 852 $21,035,000 $24,732,000 $10,615,000 $4,230,000 $19,200,000
FY 2023 885 $19,717,000 $21,446,000 $9,747,000 $2,074,000 $20,709,000
FY 2022 901 $19,709,000 $20,160,000 $10,379,000 $909,000 $14,580,000
FY 2021 917 $21,042,000 $18,376,000 $9,485,000 $726,000 $14,737,000
FY 2020 952 $18,108,000 $19,413,000 $9,142,000 $1,727,000 $16,349,000