MN
Regular Public School District
2 Schools
LAKE CITY PUBLIC SCHOOL DISTRICT
LAKE CITY, MN 55041
•
Wabasha County
•
2 Operating Schools
(651) 345-2198
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 1,182 students
Total Revenue
$21,699,000
Total Expenditure
$20,616,000
Classroom Instruction
$10,697,000
Outstanding Debt
$20,681,000
Revenue Sources
| State Government Funds | $14,167,000 | 65.3% | |
| Local Taxes & Fees | $6,471,000 | 29.8% | |
| Federal Aid | $1,061,000 | 4.9% | |
| Total Revenue | $21,699,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $10,697,000 | 51.9% | |
| Support Services | $4,682,000 | 22.7% | |
| Capital Outlays | $1,332,000 | 6.5% | |
| Other / Operations | $3,905,000 | 18.9% | |
| Total Expenditure | $20,616,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $18,358
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 1,182 | $21,699,000 | $20,616,000 | $10,697,000 | $1,332,000 | $20,681,000 |
| FY 2023 | 1,203 | $19,425,000 | $19,155,000 | $9,993,000 | $1,248,000 | $21,805,000 |
| FY 2022 | 1,202 | $19,029,000 | $18,722,000 | $9,760,000 | $1,155,000 | $22,955,000 |
| FY 2021 | 1,166 | $17,754,000 | $18,123,000 | $9,076,000 | $1,703,000 | $24,000,000 |
| FY 2020 | 1,207 | $17,277,000 | $18,417,000 | $8,482,000 | $2,648,000 | $26,260,000 |