MN
Regular Public School District
2 Schools
Medford Public School District
MEDFORD, MN 55049
•
Steele County
•
2 Operating Schools
(507) 451-5250
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 890 students
Total Revenue
$13,924,000
Total Expenditure
$12,446,000
Classroom Instruction
$7,155,000
Outstanding Debt
$6,977,000
Revenue Sources
| State Government Funds | $10,421,000 | 74.8% | |
| Local Taxes & Fees | $2,659,000 | 19.1% | |
| Federal Aid | $844,000 | 6.1% | |
| Total Revenue | $13,924,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $7,155,000 | 57.5% | |
| Support Services | $3,934,000 | 31.6% | |
| Capital Outlays | $154,000 | 1.2% | |
| Other / Operations | $1,203,000 | 9.7% | |
| Total Expenditure | $12,446,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $15,645
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 890 | $13,924,000 | $12,446,000 | $7,155,000 | $154,000 | $6,977,000 |
| FY 2023 | 912 | $13,025,000 | $11,292,000 | $6,759,000 | $281,000 | $7,655,000 |
| FY 2022 | 900 | $12,622,000 | $11,023,000 | $6,588,000 | $181,000 | $8,520,000 |
| FY 2021 | 894 | $12,081,000 | $11,767,000 | $6,203,000 | $1,490,000 | $9,358,000 |
| FY 2020 | 929 | $11,660,000 | $10,911,000 | $5,879,000 | $1,130,000 | $10,170,000 |