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MN Regular Public School District 96 Schools

Minneapolis Public School District

MINNEAPOLIS, MN 55411 • Hennepin County • 96 Operating Schools
(612) 668-0000
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 29,063 students
Census F-33 • FY 2024
Total Revenue
$877,958,000
Total Expenditure
$907,566,000
Classroom Instruction
$411,447,000
Outstanding Debt
$79,451,000

Revenue Sources

State Government Funds: $426,588,000 (48.6%) Local Taxes & Fees: $295,137,000 (33.6%) Federal Aid: $156,233,000 (17.8%)
State Government Funds $426,588,000 48.6%
Local Taxes & Fees $295,137,000 33.6%
Federal Aid $156,233,000 17.8%
Total Revenue $877,958,000 100.0%

Expenditure Allocation

Classroom Instruction: $411,447,000 (45.3%) Support Services: $273,979,000 (30.2%) Capital Outlays: $122,010,000 (13.4%) Other / Operations: $100,130,000 (11%)
Classroom Instruction $411,447,000 45.3%
Support Services $273,979,000 30.2%
Capital Outlays $122,010,000 13.4%
Other / Operations $100,130,000 11%
Total Expenditure $907,566,000 100.0%

Financial Comparison & Trends Chart

$0$9,000$18,000$27,000$36,000FY 2020 Revenue/Student: $21,786$21,786FY 2020 Expenditure/Student: $21,791$21,791FY 202034,612 stdsFY 2021 Revenue/Student: $22,818$22,818FY 2021 Expenditure/Student: $22,524$22,524FY 202132,722 stdsFY 2022 Revenue/Student: $25,997$25,997FY 2022 Expenditure/Student: $26,112$26,112FY 202230,115 stdsFY 2023 Revenue/Student: $27,231$27,231FY 2023 Expenditure/Student: $27,904$27,904FY 202329,205 stdsFY 2024 Revenue/Student: $30,209$30,209FY 2024 Expenditure/Student: $31,228$31,228FY 202429,063 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $31,228

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 29,063 $877,958,000 $907,566,000 $411,447,000 $122,010,000 $79,451,000
FY 2023 29,205 $795,276,000 $814,929,000 $374,979,000 $103,343,000 $993,753,000
FY 2022 30,115 $782,909,000 $786,375,000 $393,976,000 $80,957,000 $923,454,000
FY 2021 32,722 $746,666,000 $737,046,000 $380,620,000 $79,416,000 $840,885,000
FY 2020 34,612 $754,074,000 $754,241,000 $388,321,000 $96,756,000 $781,286,000