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MN Regular Public School District 2 Schools

FOSSTON PUBLIC SCHOOL DISTRICT

FOSSTON, MN 56542 • Polk County • 2 Operating Schools
(218) 435-6335
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 618 students
Census F-33 • FY 2024
Total Revenue
$12,391,000
Total Expenditure
$11,659,000
Classroom Instruction
$6,526,000
Outstanding Debt
$13,535,000

Revenue Sources

State Government Funds: $8,954,000 (72.3%) Local Taxes & Fees: $2,367,000 (19.1%) Federal Aid: $1,070,000 (8.6%)
State Government Funds $8,954,000 72.3%
Local Taxes & Fees $2,367,000 19.1%
Federal Aid $1,070,000 8.6%
Total Revenue $12,391,000 100.0%

Expenditure Allocation

Classroom Instruction: $6,526,000 (56%) Support Services: $2,900,000 (24.9%) Capital Outlays: $537,000 (4.6%) Other / Operations: $1,696,000 (14.5%)
Classroom Instruction $6,526,000 56%
Support Services $2,900,000 24.9%
Capital Outlays $537,000 4.6%
Other / Operations $1,696,000 14.5%
Total Expenditure $11,659,000 100.0%

Financial Comparison & Trends Chart

$0$7,500$15,000$22,500$30,000FY 2020 Revenue/Student: $16,209$16,209FY 2020 Expenditure/Student: $24,621$24,621FY 2020617 stdsFY 2021 Revenue/Student: $18,568$18,568FY 2021 Expenditure/Student: $25,784$25,784FY 2021588 stdsFY 2022 Revenue/Student: $19,477$19,477FY 2022 Expenditure/Student: $17,604$17,604FY 2022591 stdsFY 2023 Revenue/Student: $18,862$18,862FY 2023 Expenditure/Student: $18,047$18,047FY 2023621 stdsFY 2024 Revenue/Student: $20,050$20,050FY 2024 Expenditure/Student: $18,866$18,866FY 2024618 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $25,784

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 618 $12,391,000 $11,659,000 $6,526,000 $537,000 $13,535,000
FY 2023 621 $11,713,000 $11,207,000 $6,029,000 $705,000 $14,134,000
FY 2022 591 $11,511,000 $10,404,000 $5,687,000 $511,000 $15,003,000
FY 2021 588 $10,918,000 $15,161,000 $5,403,000 $5,886,000 $15,854,000
FY 2020 617 $10,001,000 $15,191,000 $5,309,000 $6,068,000 $16,594,000