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MN Regular Public School District 5 Schools

HINCKLEY-FINLAYSON SCHOOL DISTRICT

HINCKLEY, MN 55037 • Pine County • 5 Operating Schools
(320) 384-6277
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 946 students
Census F-33 • FY 2024
Total Revenue
$18,767,000
Total Expenditure
$17,477,000
Classroom Instruction
$10,383,000
Outstanding Debt
$19,856,000

Revenue Sources

State Government Funds: $13,296,000 (70.8%) Local Taxes & Fees: $3,723,000 (19.8%) Federal Aid: $1,748,000 (9.3%)
State Government Funds $13,296,000 70.8%
Local Taxes & Fees $3,723,000 19.8%
Federal Aid $1,748,000 9.3%
Total Revenue $18,767,000 100.0%

Expenditure Allocation

Classroom Instruction: $10,383,000 (59.4%) Support Services: $4,028,000 (23%) Capital Outlays: $506,000 (2.9%) Other / Operations: $2,560,000 (14.6%)
Classroom Instruction $10,383,000 59.4%
Support Services $4,028,000 23%
Capital Outlays $506,000 2.9%
Other / Operations $2,560,000 14.6%
Total Expenditure $17,477,000 100.0%

Financial Comparison & Trends Chart

$0$5,750$11,500$17,250$23,000FY 2020 Revenue/Student: $14,966$14,966FY 2020 Expenditure/Student: $19,238$19,238FY 20201,000 stdsFY 2021 Revenue/Student: $16,513$16,513FY 2021 Expenditure/Student: $15,850$15,850FY 2021964 stdsFY 2022 Revenue/Student: $16,777$16,777FY 2022 Expenditure/Student: $15,903$15,903FY 20221,008 stdsFY 2023 Revenue/Student: $17,466$17,466FY 2023 Expenditure/Student: $17,490$17,490FY 20231,010 stdsFY 2024 Revenue/Student: $19,838$19,838FY 2024 Expenditure/Student: $18,475$18,475FY 2024946 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $19,838

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 946 $18,767,000 $17,477,000 $10,383,000 $506,000 $19,856,000
FY 2023 1,010 $17,641,000 $17,665,000 $9,929,000 $1,185,000 $17,879,000
FY 2022 1,008 $16,911,000 $16,030,000 $9,148,000 $749,000 $18,881,000
FY 2021 964 $15,919,000 $15,279,000 $8,801,000 $1,133,000 $19,855,000
FY 2020 1,000 $14,966,000 $19,238,000 $8,415,000 $5,445,000 $20,807,000