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MN Regular Public School District 2 Schools

LAKE BENTON PUBLIC SCHOOL DISTRICT

LAKE BENTON, MN 56149 • Lincoln County • 2 Operating Schools
(507) 368-4235
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 113 students
Census F-33 • FY 2024
Total Revenue
$3,497,000
Total Expenditure
$3,279,000
Classroom Instruction
$1,751,000
Outstanding Debt
$2,050,000

Revenue Sources

State Government Funds: $2,305,000 (65.9%) Local Taxes & Fees: $1,041,000 (29.8%) Federal Aid: $151,000 (4.3%)
State Government Funds $2,305,000 65.9%
Local Taxes & Fees $1,041,000 29.8%
Federal Aid $151,000 4.3%
Total Revenue $3,497,000 100.0%

Expenditure Allocation

Classroom Instruction: $1,751,000 (53.4%) Support Services: $1,009,000 (30.8%) Capital Outlays: $94,000 (2.9%) Other / Operations: $425,000 (13%)
Classroom Instruction $1,751,000 53.4%
Support Services $1,009,000 30.8%
Capital Outlays $94,000 2.9%
Other / Operations $425,000 13%
Total Expenditure $3,279,000 100.0%

Financial Comparison & Trends Chart

$0$9,000$18,000$27,000$36,000FY 2020 Revenue/Student: $22,206$22,206FY 2020 Expenditure/Student: $20,525$20,525FY 2020141 stdsFY 2021 Revenue/Student: $23,833$23,833FY 2021 Expenditure/Student: $21,630$21,630FY 2021138 stdsFY 2022 Revenue/Student: $28,533$28,533FY 2022 Expenditure/Student: $24,808$24,808FY 2022120 stdsFY 2023 Revenue/Student: $28,137$28,137FY 2023 Expenditure/Student: $26,248$26,248FY 2023117 stdsFY 2024 Revenue/Student: $30,947$30,947FY 2024 Expenditure/Student: $29,018$29,018FY 2024113 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $30,947

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 113 $3,497,000 $3,279,000 $1,751,000 $94,000 $2,050,000
FY 2023 117 $3,292,000 $3,071,000 $1,619,000 $75,000 $2,250,000
FY 2022 120 $3,424,000 $2,977,000 $1,496,000 $182,000 $2,445,000
FY 2021 138 $3,289,000 $2,985,000 $1,527,000 $124,000 $2,640,000
FY 2020 141 $3,131,000 $2,894,000 $1,357,000 $288,000 $2,830,000