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MN Regular Public School District 2 Schools

FULDA PUBLIC SCHOOL DISTRICT

FULDA, MN 56131 • Murray County • 2 Operating Schools
(507) 425-2514
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 364 students
Census F-33 • FY 2024
Total Revenue
$7,396,000
Total Expenditure
$6,808,000
Classroom Instruction
$3,814,000
Outstanding Debt
$485,000

Revenue Sources

State Government Funds: $5,027,000 (68%) Local Taxes & Fees: $1,870,000 (25.3%) Federal Aid: $499,000 (6.7%)
State Government Funds $5,027,000 68%
Local Taxes & Fees $1,870,000 25.3%
Federal Aid $499,000 6.7%
Total Revenue $7,396,000 100.0%

Expenditure Allocation

Classroom Instruction: $3,814,000 (56%) Support Services: $1,953,000 (28.7%) Capital Outlays: $255,000 (3.7%) Other / Operations: $786,000 (11.5%)
Classroom Instruction $3,814,000 56%
Support Services $1,953,000 28.7%
Capital Outlays $255,000 3.7%
Other / Operations $786,000 11.5%
Total Expenditure $6,808,000 100.0%

Financial Comparison & Trends Chart

$0$6,000$12,000$18,000$24,000FY 2020 Revenue/Student: $15,629$15,629FY 2020 Expenditure/Student: $17,014$17,014FY 2020369 stdsFY 2021 Revenue/Student: $17,975$17,975FY 2021 Expenditure/Student: $18,674$18,674FY 2021362 stdsFY 2022 Revenue/Student: $17,989$17,989FY 2022 Expenditure/Student: $17,196$17,196FY 2022378 stdsFY 2023 Revenue/Student: $18,211$18,211FY 2023 Expenditure/Student: $17,439$17,439FY 2023383 stdsFY 2024 Revenue/Student: $20,319$20,319FY 2024 Expenditure/Student: $18,703$18,703FY 2024364 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $20,319

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 364 $7,396,000 $6,808,000 $3,814,000 $255,000 $485,000
FY 2023 383 $6,975,000 $6,679,000 $3,872,000 $244,000 $585,000
FY 2022 378 $6,800,000 $6,500,000 $3,664,000 $224,000 $640,000
FY 2021 362 $6,507,000 $6,760,000 $3,430,000 $909,000 $695,000
FY 2020 369 $5,767,000 $6,278,000 $3,405,000 $572,000 $750,000