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MN Regular Public School District 3 Schools

Laporte Public School District

LAPORTE, MN 56461 • Hubbard County • 3 Operating Schools
(218) 224-2288

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 367 students
Census F-33 • FY 2024
Total Revenue
$7,273,000
Total Expenditure
$6,752,000
Classroom Instruction
$3,522,000
Outstanding Debt
$8,445,000

Revenue Sources

State Government Funds: $5,307,000 (73%) Local Taxes & Fees: $1,514,000 (20.8%) Federal Aid: $452,000 (6.2%)
State Government Funds $5,307,000 73%
Local Taxes & Fees $1,514,000 20.8%
Federal Aid $452,000 6.2%
Total Revenue $7,273,000 100.0%

Expenditure Allocation

Classroom Instruction: $3,522,000 (52.2%) Support Services: $1,958,000 (29%) Capital Outlays: $479,000 (7.1%) Other / Operations: $793,000 (11.7%)
Classroom Instruction $3,522,000 52.2%
Support Services $1,958,000 29%
Capital Outlays $479,000 7.1%
Other / Operations $793,000 11.7%
Total Expenditure $6,752,000 100.0%

Financial Comparison & Trends Chart

$0$5,750$11,500$17,250$23,000FY 2020 Revenue/Student: $17,014$17,014FY 2020 Expenditure/Student: $15,317$15,317FY 2020347 stdsFY 2021 Revenue/Student: $17,642$17,642FY 2021 Expenditure/Student: $14,955$14,955FY 2021352 stdsFY 2022 Revenue/Student: $18,595$18,595FY 2022 Expenditure/Student: $17,943$17,943FY 2022333 stdsFY 2023 Revenue/Student: $18,790$18,790FY 2023 Expenditure/Student: $17,850$17,850FY 2023347 stdsFY 2024 Revenue/Student: $19,817$19,817FY 2024 Expenditure/Student: $18,398$18,398FY 2024367 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $19,817

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 367 $7,273,000 $6,752,000 $3,522,000 $479,000 $8,445,000
FY 2023 347 $6,520,000 $6,194,000 $3,066,000 $376,000 $3,215,000
FY 2022 333 $6,192,000 $5,975,000 $2,904,000 $431,000 $3,720,000
FY 2021 352 $6,210,000 $5,264,000 $2,836,000 $66,000 $4,210,000
FY 2020 347 $5,904,000 $5,315,000 $2,687,000 $137,000 $4,665,000