MN
Regular Public School District
6 Schools
Hibbing Public School District
HIBBING, MN 55746
•
St. Louis County
•
6 Operating Schools
(218) 208-0848
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 2,197 students
Total Revenue
$41,834,000
Total Expenditure
$45,577,000
Classroom Instruction
$24,578,000
Outstanding Debt
$20,036,000
Revenue Sources
| State Government Funds | $28,322,000 | 67.7% | |
| Local Taxes & Fees | $10,858,000 | 26% | |
| Federal Aid | $2,654,000 | 6.3% | |
| Total Revenue | $41,834,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $24,578,000 | 53.9% | |
| Support Services | $12,304,000 | 27% | |
| Capital Outlays | $4,257,000 | 9.3% | |
| Other / Operations | $4,438,000 | 9.7% | |
| Total Expenditure | $45,577,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $22,185
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 2,197 | $41,834,000 | $45,577,000 | $24,578,000 | $4,257,000 | $20,036,000 |
| FY 2023 | 2,123 | $37,831,000 | $43,387,000 | $22,236,000 | $4,758,000 | $20,416,000 |
| FY 2022 | 2,190 | $38,575,000 | $48,585,000 | $21,842,000 | $12,139,000 | $21,430,000 |
| FY 2021 | 2,239 | $36,325,000 | $39,251,000 | $21,401,000 | $3,914,000 | $18,588,000 |
| FY 2020 | 2,333 | $34,461,000 | $35,030,000 | $20,931,000 | $1,370,000 | $9,406,000 |