MN
Regular Public School District
2 Schools
Herman-Norcross Community School
HERMAN, MN 56248
•
Grant County
•
2 Operating Schools
(320) 677-2291
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 103 students
Total Revenue
$2,659,000
Total Expenditure
$6,902,000
Classroom Instruction
$1,252,000
Outstanding Debt
$0
Revenue Sources
| State Government Funds | $1,808,000 | 68% | |
| Local Taxes & Fees | $744,000 | 28% | |
| Federal Aid | $107,000 | 4% | |
| Total Revenue | $2,659,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $1,252,000 | 18.1% | |
| Support Services | $824,000 | 11.9% | |
| Capital Outlays | $4,519,000 | 65.5% | |
| Other / Operations | $307,000 | 4.4% | |
| Total Expenditure | $6,902,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $67,010
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 103 | $2,659,000 | $6,902,000 | $1,252,000 | $4,519,000 | $0 |
| FY 2023 | 102 | $2,329,000 | $2,485,000 | $1,217,000 | $264,000 | $0 |
| FY 2022 | 96 | $2,221,000 | $2,346,000 | $1,169,000 | $220,000 | $0 |
| FY 2021 | 93 | $2,138,000 | $2,097,000 | $1,006,000 | $146,000 | $0 |
| FY 2020 | 100 | $2,096,000 | $1,862,000 | $978,000 | $102,000 | $0 |