MN
Regular Public School District
4 Schools
LAKE SUPERIOR PUBLIC SCHOOL DIST.
TWO HARBORS, MN 55616
•
Lake County
•
4 Operating Schools
(218) 834-8201
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 1,300 students
Total Revenue
$28,330,000
Total Expenditure
$56,634,000
Classroom Instruction
$13,605,000
Outstanding Debt
$44,585,000
Revenue Sources
| State Government Funds | $16,258,000 | 57.4% | |
| Local Taxes & Fees | $9,816,000 | 34.6% | |
| Federal Aid | $2,256,000 | 8% | |
| Total Revenue | $28,330,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $13,605,000 | 24% | |
| Support Services | $5,974,000 | 10.5% | |
| Capital Outlays | $33,381,000 | 58.9% | |
| Other / Operations | $3,674,000 | 6.5% | |
| Total Expenditure | $56,634,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $43,565
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 1,300 | $28,330,000 | $56,634,000 | $13,605,000 | $33,381,000 | $44,585,000 |
| FY 2023 | 1,325 | $26,052,000 | $28,770,000 | $13,639,000 | $7,064,000 | $44,929,000 |
| FY 2022 | 1,336 | $24,777,000 | $25,159,000 | $12,968,000 | $3,967,000 | $52,724,000 |
| FY 2021 | 1,345 | $24,541,000 | $20,227,000 | $12,083,000 | $711,000 | $10,282,000 |
| FY 2020 | 1,389 | $22,978,000 | $19,648,000 | $11,899,000 | $583,000 | $12,860,000 |