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MN Regular Public School District 4 Schools

GLENCOE-SILVER LAKE SCHOOL DISTRICT

GLENCOE, MN 55336 • McLeod County • 4 Operating Schools
(320) 864-2491
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,433 students
Census F-33 • FY 2024
Total Revenue
$26,421,000
Total Expenditure
$24,948,000
Classroom Instruction
$13,516,000
Outstanding Debt
$20,215,000

Revenue Sources

State Government Funds: $18,309,000 (69.3%) Local Taxes & Fees: $6,700,000 (25.4%) Federal Aid: $1,412,000 (5.3%)
State Government Funds $18,309,000 69.3%
Local Taxes & Fees $6,700,000 25.4%
Federal Aid $1,412,000 5.3%
Total Revenue $26,421,000 100.0%

Expenditure Allocation

Classroom Instruction: $13,516,000 (54.2%) Support Services: $6,049,000 (24.2%) Capital Outlays: $1,547,000 (6.2%) Other / Operations: $3,836,000 (15.4%)
Classroom Instruction $13,516,000 54.2%
Support Services $6,049,000 24.2%
Capital Outlays $1,547,000 6.2%
Other / Operations $3,836,000 15.4%
Total Expenditure $24,948,000 100.0%

Financial Comparison & Trends Chart

$0$5,500$11,000$16,500$22,000FY 2020 Revenue/Student: $13,688$13,688FY 2020 Expenditure/Student: $14,030$14,030FY 20201,594 stdsFY 2021 Revenue/Student: $15,163$15,163FY 2021 Expenditure/Student: $14,706$14,706FY 20211,523 stdsFY 2022 Revenue/Student: $16,402$16,402FY 2022 Expenditure/Student: $16,088$16,088FY 20221,492 stdsFY 2023 Revenue/Student: $16,864$16,864FY 2023 Expenditure/Student: $16,454$16,454FY 20231,446 stdsFY 2024 Revenue/Student: $18,438$18,438FY 2024 Expenditure/Student: $17,410$17,410FY 20241,433 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $18,438

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,433 $26,421,000 $24,948,000 $13,516,000 $1,547,000 $20,215,000
FY 2023 1,446 $24,386,000 $23,792,000 $13,182,000 $1,347,000 $21,041,000
FY 2022 1,492 $24,472,000 $24,004,000 $13,175,000 $1,516,000 $21,871,000
FY 2021 1,523 $23,093,000 $22,397,000 $12,456,000 $1,476,000 $22,676,000
FY 2020 1,594 $21,818,000 $22,364,000 $11,835,000 $2,382,000 $23,556,000