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MN Regular Public School District 4 Schools

Lac qui Parle Valley Schools

MADISON, MN 56256 • Lac qui Parle County • 4 Operating Schools
(320) 752-4835
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 834 students
Census F-33 • FY 2024
Total Revenue
$20,247,000
Total Expenditure
$20,798,000
Classroom Instruction
$7,932,000
Outstanding Debt
$54,754,000

Revenue Sources

State Government Funds: $13,223,000 (65.3%) Local Taxes & Fees: $4,956,000 (24.5%) Federal Aid: $2,068,000 (10.2%)
State Government Funds $13,223,000 65.3%
Local Taxes & Fees $4,956,000 24.5%
Federal Aid $2,068,000 10.2%
Total Revenue $20,247,000 100.0%

Expenditure Allocation

Classroom Instruction: $7,932,000 (38.1%) Support Services: $4,113,000 (19.8%) Capital Outlays: $5,110,000 (24.6%) Other / Operations: $3,643,000 (17.5%)
Classroom Instruction $7,932,000 38.1%
Support Services $4,113,000 19.8%
Capital Outlays $5,110,000 24.6%
Other / Operations $3,643,000 17.5%
Total Expenditure $20,798,000 100.0%

Financial Comparison & Trends Chart

$0$15,000$30,000$45,000$60,000FY 2020 Revenue/Student: $15,006$15,006FY 2020 Expenditure/Student: $32,984$32,984FY 2020814 stdsFY 2021 Revenue/Student: $20,351$20,351FY 2021 Expenditure/Student: $51,586$51,586FY 2021781 stdsFY 2022 Revenue/Student: $19,914$19,914FY 2022 Expenditure/Student: $24,507$24,507FY 2022811 stdsFY 2023 Revenue/Student: $22,063$22,063FY 2023 Expenditure/Student: $19,745$19,745FY 2023805 stdsFY 2024 Revenue/Student: $24,277$24,277FY 2024 Expenditure/Student: $24,938$24,938FY 2024834 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $51,586

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 834 $20,247,000 $20,798,000 $7,932,000 $5,110,000 $54,754,000
FY 2023 805 $17,761,000 $15,895,000 $7,254,000 $1,601,000 $47,317,000
FY 2022 811 $16,150,000 $19,875,000 $7,485,000 $5,842,000 $43,421,000
FY 2021 781 $15,894,000 $40,289,000 $7,278,000 $26,594,000 $44,947,000
FY 2020 814 $12,215,000 $26,849,000 $7,182,000 $14,933,000 $42,481,000