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MN Regular Public School District 2 Schools

MADELIA PUBLIC SCHOOL DISTRICT

MADELIA, MN 56062 • Watonwan County • 2 Operating Schools
(507) 642-3232
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 633 students
Census F-33 • FY 2024
Total Revenue
$11,903,000
Total Expenditure
$10,788,000
Classroom Instruction
$5,922,000
Outstanding Debt
$2,720,000

Revenue Sources

State Government Funds: $8,775,000 (73.7%) Local Taxes & Fees: $2,283,000 (19.2%) Federal Aid: $845,000 (7.1%)
State Government Funds $8,775,000 73.7%
Local Taxes & Fees $2,283,000 19.2%
Federal Aid $845,000 7.1%
Total Revenue $11,903,000 100.0%

Expenditure Allocation

Classroom Instruction: $5,922,000 (54.9%) Support Services: $3,279,000 (30.4%) Capital Outlays: $371,000 (3.4%) Other / Operations: $1,216,000 (11.3%)
Classroom Instruction $5,922,000 54.9%
Support Services $3,279,000 30.4%
Capital Outlays $371,000 3.4%
Other / Operations $1,216,000 11.3%
Total Expenditure $10,788,000 100.0%

Financial Comparison & Trends Chart

$0$5,500$11,000$16,500$22,000FY 2020 Revenue/Student: $15,520$15,520FY 2020 Expenditure/Student: $14,124$14,124FY 2020615 stdsFY 2021 Revenue/Student: $16,036$16,036FY 2021 Expenditure/Student: $14,992$14,992FY 2021614 stdsFY 2022 Revenue/Student: $16,874$16,874FY 2022 Expenditure/Student: $15,968$15,968FY 2022629 stdsFY 2023 Revenue/Student: $17,676$17,676FY 2023 Expenditure/Student: $16,411$16,411FY 2023620 stdsFY 2024 Revenue/Student: $18,804$18,804FY 2024 Expenditure/Student: $17,043$17,043FY 2024633 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $18,804

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 633 $11,903,000 $10,788,000 $5,922,000 $371,000 $2,720,000
FY 2023 620 $10,959,000 $10,175,000 $5,627,000 $278,000 $3,915,000
FY 2022 629 $10,614,000 $10,044,000 $5,529,000 $624,000 $4,510,000
FY 2021 614 $9,846,000 $9,205,000 $4,985,000 $658,000 $5,095,000
FY 2020 615 $9,545,000 $8,686,000 $5,035,000 $518,000 $6,018,000