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MN Regular Public School District 3 Schools

GRAND MEADOW PUBLIC SCHOOL DISTRICT

GRAND MEADOW, MN 55936 • Mower County • 3 Operating Schools
(507) 754-5318
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 428 students
Census F-33 • FY 2024
Total Revenue
$7,345,000
Total Expenditure
$7,868,000
Classroom Instruction
$3,723,000
Outstanding Debt
$4,905,000

Revenue Sources

State Government Funds: $5,215,000 (71%) Local Taxes & Fees: $1,858,000 (25.3%) Federal Aid: $272,000 (3.7%)
State Government Funds $5,215,000 71%
Local Taxes & Fees $1,858,000 25.3%
Federal Aid $272,000 3.7%
Total Revenue $7,345,000 100.0%

Expenditure Allocation

Classroom Instruction: $3,723,000 (47.3%) Support Services: $2,095,000 (26.6%) Capital Outlays: $925,000 (11.8%) Other / Operations: $1,125,000 (14.3%)
Classroom Instruction $3,723,000 47.3%
Support Services $2,095,000 26.6%
Capital Outlays $925,000 11.8%
Other / Operations $1,125,000 14.3%
Total Expenditure $7,868,000 100.0%

Financial Comparison & Trends Chart

$0$5,500$11,000$16,500$22,000FY 2020 Revenue/Student: $15,681$15,681FY 2020 Expenditure/Student: $13,842$13,842FY 2020448 stdsFY 2021 Revenue/Student: $15,933$15,933FY 2021 Expenditure/Student: $14,708$14,708FY 2021445 stdsFY 2022 Revenue/Student: $16,350$16,350FY 2022 Expenditure/Student: $14,891$14,891FY 2022466 stdsFY 2023 Revenue/Student: $15,418$15,418FY 2023 Expenditure/Student: $15,854$15,854FY 2023445 stdsFY 2024 Revenue/Student: $17,161$17,161FY 2024 Expenditure/Student: $18,383$18,383FY 2024428 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $18,383

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 428 $7,345,000 $7,868,000 $3,723,000 $925,000 $4,905,000
FY 2023 445 $6,861,000 $7,055,000 $3,711,000 $385,000 $7,222,000
FY 2022 466 $7,619,000 $6,939,000 $3,721,000 $296,000 $7,585,000
FY 2021 445 $7,090,000 $6,545,000 $3,603,000 $220,000 $8,360,000
FY 2020 448 $7,025,000 $6,201,000 $3,546,000 $224,000 $5,262,000