MN
Regular Public School District
12 Schools
FARMINGTON PUBLIC SCHOOL DISTRICT
FARMINGTON, MN 55024
•
Dakota County
•
12 Operating Schools
(651) 463-5000
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 6,630 students
Total Revenue
$130,067,000
Total Expenditure
$107,989,000
Classroom Instruction
$61,867,000
Outstanding Debt
$100,397,000
Revenue Sources
| State Government Funds | $83,619,000 | 64.3% | |
| Local Taxes & Fees | $42,411,000 | 32.6% | |
| Federal Aid | $4,037,000 | 3.1% | |
| Total Revenue | $130,067,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $61,867,000 | 57.3% | |
| Support Services | $27,102,000 | 25.1% | |
| Capital Outlays | $3,042,000 | 2.8% | |
| Other / Operations | $15,978,000 | 14.8% | |
| Total Expenditure | $107,989,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $19,618
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 6,630 | $130,067,000 | $107,989,000 | $61,867,000 | $3,042,000 | $100,397,000 |
| FY 2023 | 6,800 | $124,927,000 | $107,223,000 | $59,236,000 | $6,045,000 | $178,765,000 |
| FY 2022 | 6,909 | $120,686,000 | $109,133,000 | $57,866,000 | $9,635,000 | $152,537,000 |
| FY 2021 | 7,119 | $115,456,000 | $102,023,000 | $55,434,000 | $7,466,000 | $169,476,000 |
| FY 2020 | 7,323 | $112,024,000 | $106,913,000 | $54,852,000 | $12,001,000 | $184,916,000 |