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MN Regular Public School District 3 Schools

GFW Public Schools

GIBBON, MN 55335 • Sibley County • 3 Operating Schools
(507) 207-2203
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 611 students
Census F-33 • FY 2024
Total Revenue
$17,078,000
Total Expenditure
$22,381,000
Classroom Instruction
$7,193,000
Outstanding Debt
$69,317,000

Revenue Sources

State Government Funds: $10,037,000 (58.8%) Local Taxes & Fees: $5,318,000 (31.1%) Federal Aid: $1,723,000 (10.1%)
State Government Funds $10,037,000 58.8%
Local Taxes & Fees $5,318,000 31.1%
Federal Aid $1,723,000 10.1%
Total Revenue $17,078,000 100.0%

Expenditure Allocation

Classroom Instruction: $7,193,000 (32.1%) Support Services: $3,229,000 (14.4%) Capital Outlays: $8,500,000 (38%) Other / Operations: $3,459,000 (15.5%)
Classroom Instruction $7,193,000 32.1%
Support Services $3,229,000 14.4%
Capital Outlays $8,500,000 38%
Other / Operations $3,459,000 15.5%
Total Expenditure $22,381,000 100.0%

Financial Comparison & Trends Chart

$0$10,750$21,500$32,250$43,000FY 2020 Revenue/Student: $15,218$15,218FY 2020 Expenditure/Student: $15,267$15,267FY 2020705 stdsFY 2021 Revenue/Student: $17,236$17,236FY 2021 Expenditure/Student: $15,969$15,969FY 2021669 stdsFY 2022 Revenue/Student: $19,345$19,345FY 2022 Expenditure/Student: $17,612$17,612FY 2022624 stdsFY 2023 Revenue/Student: $20,997$20,997FY 2023 Expenditure/Student: $20,072$20,072FY 2023600 stdsFY 2024 Revenue/Student: $27,951$27,951FY 2024 Expenditure/Student: $36,630$36,630FY 2024611 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $36,630

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 611 $17,078,000 $22,381,000 $7,193,000 $8,500,000 $69,317,000
FY 2023 600 $12,598,000 $12,043,000 $6,893,000 $736,000 $90,000
FY 2022 624 $12,071,000 $10,990,000 $5,776,000 $700,000 $274,000
FY 2021 669 $11,531,000 $10,683,000 $5,634,000 $496,000 $777,000
FY 2020 705 $10,729,000 $10,763,000 $5,496,000 $710,000 $1,269,000