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MN Regular Public School District 2 Schools

INTERNATIONAL FALLS SCHOOL DISTRICT

INTERNATIONAL FALLS, MN 56649 • Koochiching County • 2 Operating Schools
(218) 283-2571
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 888 students
Census F-33 • FY 2024
Total Revenue
$17,404,000
Total Expenditure
$16,068,000
Classroom Instruction
$8,345,000
Outstanding Debt
$12,488,000

Revenue Sources

State Government Funds: $10,163,000 (58.4%) Local Taxes & Fees: $4,669,000 (26.8%) Federal Aid: $2,572,000 (14.8%)
State Government Funds $10,163,000 58.4%
Local Taxes & Fees $4,669,000 26.8%
Federal Aid $2,572,000 14.8%
Total Revenue $17,404,000 100.0%

Expenditure Allocation

Classroom Instruction: $8,345,000 (51.9%) Support Services: $5,055,000 (31.5%) Capital Outlays: $511,000 (3.2%) Other / Operations: $2,157,000 (13.4%)
Classroom Instruction $8,345,000 51.9%
Support Services $5,055,000 31.5%
Capital Outlays $511,000 3.2%
Other / Operations $2,157,000 13.4%
Total Expenditure $16,068,000 100.0%

Financial Comparison & Trends Chart

$0$5,750$11,500$17,250$23,000FY 2020 Revenue/Student: $15,201$15,201FY 2020 Expenditure/Student: $16,654$16,654FY 2020973 stdsFY 2021 Revenue/Student: $15,589$15,589FY 2021 Expenditure/Student: $17,997$17,997FY 2021933 stdsFY 2022 Revenue/Student: $17,354$17,354FY 2022 Expenditure/Student: $17,439$17,439FY 2022899 stdsFY 2023 Revenue/Student: $18,007$18,007FY 2023 Expenditure/Student: $17,478$17,478FY 2023894 stdsFY 2024 Revenue/Student: $19,599$19,599FY 2024 Expenditure/Student: $18,095$18,095FY 2024888 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $19,599

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 888 $17,404,000 $16,068,000 $8,345,000 $511,000 $12,488,000
FY 2023 894 $16,098,000 $15,625,000 $8,127,000 $509,000 $3,713,000
FY 2022 899 $15,601,000 $15,678,000 $8,394,000 $625,000 $4,123,000
FY 2021 933 $14,545,000 $16,791,000 $8,204,000 $2,539,000 $4,513,000
FY 2020 973 $14,791,000 $16,204,000 $8,271,000 $1,932,000 $5,638,000