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MN Specialized Public School District 7 Schools

Freshwater Education District

WADENA, MN 56482 • Wadena County • 7 Operating Schools
(218) 631-3505
Official Website

Fiscal Year 2024 Financial Balance Sheet

Census F-33 • FY 2024
Total Revenue
$14,322,000
Total Expenditure
$14,910,000
Classroom Instruction
$11,316,000
Outstanding Debt
$0

Revenue Sources

State Government Funds: $3,869,000 (27%) Local Taxes & Fees: $7,194,000 (50.2%) Federal Aid: $3,259,000 (22.8%)
State Government Funds $3,869,000 27%
Local Taxes & Fees $7,194,000 50.2%
Federal Aid $3,259,000 22.8%
Total Revenue $14,322,000 100.0%

Expenditure Allocation

Classroom Instruction: $11,316,000 (75.9%) Support Services: $1,865,000 (12.5%) Capital Outlays: $224,000 (1.5%) Other / Operations: $1,505,000 (10.1%)
Classroom Instruction $11,316,000 75.9%
Support Services $1,865,000 12.5%
Capital Outlays $224,000 1.5%
Other / Operations $1,505,000 10.1%
Total Expenditure $14,910,000 100.0%

Financial Comparison & Trends Chart

$0$0$1$1$1N/AFY 2020Enrollment N/AN/AFY 2021Enrollment N/AN/AFY 2022Enrollment N/AN/AFY 2023Enrollment N/AN/AFY 2024Enrollment N/A
Revenue per Student Expenditure per Student
Peak Per-Pupil: $1

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 N/A $14,322,000 $14,910,000 $11,316,000 $224,000 $0
FY 2023 N/A $13,211,000 $13,681,000 $10,644,000 $194,000 $0
FY 2022 N/A $12,425,000 $12,945,000 $10,194,000 $152,000 $0
FY 2021 N/A $10,902,000 $11,848,000 $9,096,000 $176,000 $0
FY 2020 0 $11,209,000 $11,987,000 $8,634,000 $704,000 $0