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MN Regular Public School District 14 Schools

DETROIT LAKES PUBLIC SCHOOL DIST.

DETROIT LAKES, MN 56501 • Becker County • 14 Operating Schools
(218) 847-9271
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 2,797 students
Census F-33 • FY 2024
Total Revenue
$52,714,000
Total Expenditure
$48,674,000
Classroom Instruction
$26,300,000
Outstanding Debt
$52,685,000

Revenue Sources

State Government Funds: $35,712,000 (67.7%) Local Taxes & Fees: $12,321,000 (23.4%) Federal Aid: $4,681,000 (8.9%)
State Government Funds $35,712,000 67.7%
Local Taxes & Fees $12,321,000 23.4%
Federal Aid $4,681,000 8.9%
Total Revenue $52,714,000 100.0%

Expenditure Allocation

Classroom Instruction: $26,300,000 (54%) Support Services: $14,576,000 (29.9%) Capital Outlays: $1,905,000 (3.9%) Other / Operations: $5,893,000 (12.1%)
Classroom Instruction $26,300,000 54%
Support Services $14,576,000 29.9%
Capital Outlays $1,905,000 3.9%
Other / Operations $5,893,000 12.1%
Total Expenditure $48,674,000 100.0%

Financial Comparison & Trends Chart

$0$7,000$14,000$21,000$28,000FY 2020 Revenue/Student: $15,335$15,335FY 2020 Expenditure/Student: $21,813$21,813FY 20203,032 stdsFY 2021 Revenue/Student: $16,627$16,627FY 2021 Expenditure/Student: $23,826$23,826FY 20212,807 stdsFY 2022 Revenue/Student: $16,596$16,596FY 2022 Expenditure/Student: $19,087$19,087FY 20222,805 stdsFY 2023 Revenue/Student: $17,347$17,347FY 2023 Expenditure/Student: $17,717$17,717FY 20232,775 stdsFY 2024 Revenue/Student: $18,847$18,847FY 2024 Expenditure/Student: $17,402$17,402FY 20242,797 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $23,826

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 2,797 $52,714,000 $48,674,000 $26,300,000 $1,905,000 $52,685,000
FY 2023 2,775 $48,138,000 $49,166,000 $25,276,000 $4,426,000 $51,702,000
FY 2022 2,805 $46,552,000 $53,539,000 $25,224,000 $10,283,000 $51,095,000
FY 2021 2,807 $46,671,000 $66,880,000 $24,333,000 $25,992,000 $52,825,000
FY 2020 3,032 $46,496,000 $66,138,000 $23,936,000 $25,621,000 $54,475,000