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MN Regular Public School District 2 Schools

KERKHOVEN-MURDOCK-SUNBURG

KERKHOVEN, MN 56252 • Swift County • 2 Operating Schools
(320) 264-1411
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 797 students
Census F-33 • FY 2024
Total Revenue
$14,058,000
Total Expenditure
$13,685,000
Classroom Instruction
$6,994,000
Outstanding Debt
$26,465,000

Revenue Sources

State Government Funds: $11,032,000 (78.5%) Local Taxes & Fees: $2,422,000 (17.2%) Federal Aid: $604,000 (4.3%)
State Government Funds $11,032,000 78.5%
Local Taxes & Fees $2,422,000 17.2%
Federal Aid $604,000 4.3%
Total Revenue $14,058,000 100.0%

Expenditure Allocation

Classroom Instruction: $6,994,000 (51.1%) Support Services: $3,577,000 (26.1%) Capital Outlays: $1,363,000 (10%) Other / Operations: $1,751,000 (12.8%)
Classroom Instruction $6,994,000 51.1%
Support Services $3,577,000 26.1%
Capital Outlays $1,363,000 10%
Other / Operations $1,751,000 12.8%
Total Expenditure $13,685,000 100.0%

Financial Comparison & Trends Chart

$0$6,000$12,000$18,000$24,000FY 2020 Revenue/Student: $14,103$14,103FY 2020 Expenditure/Student: $12,438$12,438FY 2020751 stdsFY 2021 Revenue/Student: $14,504$14,504FY 2021 Expenditure/Student: $13,810$13,810FY 2021742 stdsFY 2022 Revenue/Student: $16,163$16,163FY 2022 Expenditure/Student: $20,526$20,526FY 2022781 stdsFY 2023 Revenue/Student: $15,467$15,467FY 2023 Expenditure/Student: $14,598$14,598FY 2023824 stdsFY 2024 Revenue/Student: $17,639$17,639FY 2024 Expenditure/Student: $17,171$17,171FY 2024797 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $20,526

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 797 $14,058,000 $13,685,000 $6,994,000 $1,363,000 $26,465,000
FY 2023 824 $12,745,000 $12,029,000 $6,175,000 $588,000 $10,483,000
FY 2022 781 $12,623,000 $16,031,000 $5,625,000 $5,572,000 $17,713,000
FY 2021 742 $10,762,000 $10,247,000 $4,979,000 $1,166,000 $14,435,000
FY 2020 751 $10,591,000 $9,341,000 $4,887,000 $608,000 $7,985,000