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MN Regular Public School District 2 Schools

KIMBALL PUBLIC SCHOOL DISTRICT

KIMBALL, MN 55353 • Stearns County • 2 Operating Schools
(320) 398-5585
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 748 students
Census F-33 • FY 2024
Total Revenue
$13,704,000
Total Expenditure
$17,427,000
Classroom Instruction
$6,805,000
Outstanding Debt
$14,936,000

Revenue Sources

State Government Funds: $8,920,000 (65.1%) Local Taxes & Fees: $4,362,000 (31.8%) Federal Aid: $422,000 (3.1%)
State Government Funds $8,920,000 65.1%
Local Taxes & Fees $4,362,000 31.8%
Federal Aid $422,000 3.1%
Total Revenue $13,704,000 100.0%

Expenditure Allocation

Classroom Instruction: $6,805,000 (39%) Support Services: $3,191,000 (18.3%) Capital Outlays: $4,951,000 (28.4%) Other / Operations: $2,480,000 (14.2%)
Classroom Instruction $6,805,000 39%
Support Services $3,191,000 18.3%
Capital Outlays $4,951,000 28.4%
Other / Operations $2,480,000 14.2%
Total Expenditure $17,427,000 100.0%

Financial Comparison & Trends Chart

$0$6,750$13,500$20,250$27,000FY 2020 Revenue/Student: $14,046$14,046FY 2020 Expenditure/Student: $12,996$12,996FY 2020755 stdsFY 2021 Revenue/Student: $14,818$14,818FY 2021 Expenditure/Student: $16,300$16,300FY 2021720 stdsFY 2022 Revenue/Student: $16,060$16,060FY 2022 Expenditure/Student: $18,350$18,350FY 2022751 stdsFY 2023 Revenue/Student: $15,690$15,690FY 2023 Expenditure/Student: $16,341$16,341FY 2023784 stdsFY 2024 Revenue/Student: $18,321$18,321FY 2024 Expenditure/Student: $23,298$23,298FY 2024748 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $23,298

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 748 $13,704,000 $17,427,000 $6,805,000 $4,951,000 $14,936,000
FY 2023 784 $12,301,000 $12,811,000 $6,183,000 $1,790,000 $15,426,000
FY 2022 751 $12,061,000 $13,781,000 $5,804,000 $3,365,000 $7,877,000
FY 2021 720 $10,669,000 $11,736,000 $5,183,000 $2,519,000 $8,796,000
FY 2020 755 $10,605,000 $9,812,000 $5,095,000 $916,000 $2,558,000