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MN Regular Public School District 3 Schools

FOLEY PUBLIC SCHOOL DISTRICT

FOLEY, MN 56329 • Benton County • 3 Operating Schools
(320) 968-7175
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,925 students
Census F-33 • FY 2024
Total Revenue
$30,495,000
Total Expenditure
$29,733,000
Classroom Instruction
$16,857,000
Outstanding Debt
$7,909,000

Revenue Sources

State Government Funds: $23,153,000 (75.9%) Local Taxes & Fees: $5,802,000 (19%) Federal Aid: $1,540,000 (5.1%)
State Government Funds $23,153,000 75.9%
Local Taxes & Fees $5,802,000 19%
Federal Aid $1,540,000 5.1%
Total Revenue $30,495,000 100.0%

Expenditure Allocation

Classroom Instruction: $16,857,000 (56.7%) Support Services: $7,476,000 (25.1%) Capital Outlays: $1,743,000 (5.9%) Other / Operations: $3,657,000 (12.3%)
Classroom Instruction $16,857,000 56.7%
Support Services $7,476,000 25.1%
Capital Outlays $1,743,000 5.9%
Other / Operations $3,657,000 12.3%
Total Expenditure $29,733,000 100.0%

Financial Comparison & Trends Chart

$0$4,750$9,500$14,250$19,000FY 2020 Revenue/Student: $13,750$13,750FY 2020 Expenditure/Student: $14,151$14,151FY 20201,953 stdsFY 2021 Revenue/Student: $14,294$14,294FY 2021 Expenditure/Student: $13,072$13,072FY 20211,945 stdsFY 2022 Revenue/Student: $14,588$14,588FY 2022 Expenditure/Student: $13,930$13,930FY 20221,960 stdsFY 2023 Revenue/Student: $14,969$14,969FY 2023 Expenditure/Student: $14,478$14,478FY 20231,925 stdsFY 2024 Revenue/Student: $15,842$15,842FY 2024 Expenditure/Student: $15,446$15,446FY 20241,925 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $15,842

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,925 $30,495,000 $29,733,000 $16,857,000 $1,743,000 $7,909,000
FY 2023 1,925 $28,816,000 $27,871,000 $15,643,000 $1,321,000 $10,760,000
FY 2022 1,960 $28,592,000 $27,302,000 $15,313,000 $1,233,000 $12,347,000
FY 2021 1,945 $27,801,000 $25,426,000 $14,731,000 $1,284,000 $13,850,000
FY 2020 1,953 $26,853,000 $27,636,000 $14,215,000 $3,897,000 $15,518,000