MN
Regional Education Service Agency
ITASCA AREA SCHOOLS COLLABORATIVE
GRAND RAPIDS, MN 55744
•
Itasca County
•
0 Operating Schools
(218) 327-5711
Official Website
Fiscal Year 2024 Financial Balance Sheet
Total Revenue
$8,023,000
Total Expenditure
$7,880,000
Classroom Instruction
$2,614,000
Outstanding Debt
$182,000
Revenue Sources
| State Government Funds | $234,000 | 2.9% | |
| Local Taxes & Fees | $6,061,000 | 75.5% | |
| Federal Aid | $1,728,000 | 21.5% | |
| Total Revenue | $8,023,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $2,614,000 | 33.2% | |
| Support Services | $4,120,000 | 52.3% | |
| Capital Outlays | $48,000 | 0.6% | |
| Other / Operations | $1,098,000 | 13.9% | |
| Total Expenditure | $7,880,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $1
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | N/A | $8,023,000 | $7,880,000 | $2,614,000 | $48,000 | $182,000 |
| FY 2023 | N/A | $7,602,000 | $8,142,000 | $2,499,000 | $20,000 | $1,000 |
| FY 2022 | N/A | $7,467,000 | $7,326,000 | $1,707,000 | $110,000 | $1,000 |
| FY 2021 | N/A | $7,380,000 | $7,444,000 | $1,855,000 | $272,000 | $1,000 |
| FY 2020 | 0 | $7,743,000 | $7,279,000 | $1,613,000 | $173,000 | $140,000 |