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MN Regular Public School District 2 Schools

Mabel-Canton Public School District

MABEL, MN 55954 • Fillmore County • 2 Operating Schools
(507) 493-5422
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 280 students
Census F-33 • FY 2024
Total Revenue
$5,804,000
Total Expenditure
$5,503,000
Classroom Instruction
$2,721,000
Outstanding Debt
$52,000

Revenue Sources

State Government Funds: $3,471,000 (59.8%) Local Taxes & Fees: $1,599,000 (27.5%) Federal Aid: $734,000 (12.6%)
State Government Funds $3,471,000 59.8%
Local Taxes & Fees $1,599,000 27.5%
Federal Aid $734,000 12.6%
Total Revenue $5,804,000 100.0%

Expenditure Allocation

Classroom Instruction: $2,721,000 (49.4%) Support Services: $1,406,000 (25.5%) Capital Outlays: $683,000 (12.4%) Other / Operations: $693,000 (12.6%)
Classroom Instruction $2,721,000 49.4%
Support Services $1,406,000 25.5%
Capital Outlays $683,000 12.4%
Other / Operations $693,000 12.6%
Total Expenditure $5,503,000 100.0%

Financial Comparison & Trends Chart

$0$8,500$17,000$25,500$34,000FY 2020 Revenue/Student: $15,577$15,577FY 2020 Expenditure/Student: $15,357$15,357FY 2020291 stdsFY 2021 Revenue/Student: $14,503$14,503FY 2021 Expenditure/Student: $15,349$15,349FY 2021292 stdsFY 2022 Revenue/Student: $17,464$17,464FY 2022 Expenditure/Student: $29,423$29,423FY 2022265 stdsFY 2023 Revenue/Student: $17,996$17,996FY 2023 Expenditure/Student: $26,377$26,377FY 2023276 stdsFY 2024 Revenue/Student: $20,729$20,729FY 2024 Expenditure/Student: $19,654$19,654FY 2024280 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $29,423

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 280 $5,804,000 $5,503,000 $2,721,000 $683,000 $52,000
FY 2023 276 $4,967,000 $7,280,000 $2,502,000 $2,815,000 $6,268,000
FY 2022 265 $4,628,000 $7,797,000 $2,488,000 $3,481,000 $6,528,000
FY 2021 292 $4,235,000 $4,482,000 $2,345,000 $464,000 $6,813,000
FY 2020 291 $4,533,000 $4,469,000 $2,259,000 $659,000 $0