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MN Regular Public School District 9 Schools

INVER GROVE HEIGHTS SCHOOLS

INVER GROVE HEIGHTS, MN 55076 • Dakota County • 9 Operating Schools
(651) 306-7800
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 3,510 students
Census F-33 • FY 2024
Total Revenue
$68,577,000
Total Expenditure
$65,285,000
Classroom Instruction
$31,584,000
Outstanding Debt
$51,204,000

Revenue Sources

State Government Funds: $43,011,000 (62.7%) Local Taxes & Fees: $20,113,000 (29.3%) Federal Aid: $5,453,000 (8%)
State Government Funds $43,011,000 62.7%
Local Taxes & Fees $20,113,000 29.3%
Federal Aid $5,453,000 8%
Total Revenue $68,577,000 100.0%

Expenditure Allocation

Classroom Instruction: $31,584,000 (48.4%) Support Services: $20,676,000 (31.7%) Capital Outlays: $4,337,000 (6.6%) Other / Operations: $8,688,000 (13.3%)
Classroom Instruction $31,584,000 48.4%
Support Services $20,676,000 31.7%
Capital Outlays $4,337,000 6.6%
Other / Operations $8,688,000 13.3%
Total Expenditure $65,285,000 100.0%

Financial Comparison & Trends Chart

$0$5,750$11,500$17,250$23,000FY 2020 Revenue/Student: $15,218$15,218FY 2020 Expenditure/Student: $15,909$15,909FY 20203,612 stdsFY 2021 Revenue/Student: $17,270$17,270FY 2021 Expenditure/Student: $15,984$15,984FY 20213,433 stdsFY 2022 Revenue/Student: $17,482$17,482FY 2022 Expenditure/Student: $17,025$17,025FY 20223,447 stdsFY 2023 Revenue/Student: $17,956$17,956FY 2023 Expenditure/Student: $17,381$17,381FY 20233,441 stdsFY 2024 Revenue/Student: $19,538$19,538FY 2024 Expenditure/Student: $18,600$18,600FY 20243,510 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $19,538

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 3,510 $68,577,000 $65,285,000 $31,584,000 $4,337,000 $51,204,000
FY 2023 3,441 $61,788,000 $59,808,000 $29,093,000 $3,966,000 $98,932,000
FY 2022 3,447 $60,259,000 $58,685,000 $30,020,000 $2,660,000 $90,747,000
FY 2021 3,433 $59,287,000 $54,874,000 $28,258,000 $3,516,000 $94,131,000
FY 2020 3,612 $54,969,000 $57,462,000 $28,446,000 $6,379,000 $97,415,000