MN
Regular Public School District
13 Schools
FARIBAULT PUBLIC SCHOOL DISTRICT
FARIBAULT, MN 55021
•
Rice County
•
13 Operating Schools
(507) 333-6016
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 3,107 students
Total Revenue
$75,127,000
Total Expenditure
$74,430,000
Classroom Instruction
$39,087,000
Outstanding Debt
$8,984,000
Revenue Sources
| State Government Funds | $49,125,000 | 65.4% | |
| Local Taxes & Fees | $16,773,000 | 22.3% | |
| Federal Aid | $9,229,000 | 12.3% | |
| Total Revenue | $75,127,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $39,087,000 | 52.5% | |
| Support Services | $19,767,000 | 26.6% | |
| Capital Outlays | $7,947,000 | 10.7% | |
| Other / Operations | $7,629,000 | 10.2% | |
| Total Expenditure | $74,430,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $24,180
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 3,107 | $75,127,000 | $74,430,000 | $39,087,000 | $7,947,000 | $8,984,000 |
| FY 2023 | 3,312 | $68,809,000 | $67,441,000 | $38,058,000 | $3,935,000 | $4,413,000 |
| FY 2022 | 3,328 | $67,584,000 | $67,942,000 | $37,780,000 | $5,532,000 | $7,062,000 |
| FY 2021 | 3,358 | $62,576,000 | $61,645,000 | $34,527,000 | $5,063,000 | $9,635,000 |
| FY 2020 | 3,506 | $59,340,000 | $59,282,000 | $31,807,000 | $5,616,000 | $8,750,000 |