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MN Regular Public School District 2 Schools

MINNEOTA PUBLIC SCHOOL DISTRICT

MINNEOTA, MN 56264 • Lyon County • 2 Operating Schools
(507) 872-6175
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 552 students
Census F-33 • FY 2024
Total Revenue
$10,053,000
Total Expenditure
$8,934,000
Classroom Instruction
$4,919,000
Outstanding Debt
$10,828,000

Revenue Sources

State Government Funds: $6,989,000 (69.5%) Local Taxes & Fees: $2,694,000 (26.8%) Federal Aid: $370,000 (3.7%)
State Government Funds $6,989,000 69.5%
Local Taxes & Fees $2,694,000 26.8%
Federal Aid $370,000 3.7%
Total Revenue $10,053,000 100.0%

Expenditure Allocation

Classroom Instruction: $4,919,000 (55.1%) Support Services: $2,328,000 (26.1%) Capital Outlays: $464,000 (5.2%) Other / Operations: $1,223,000 (13.7%)
Classroom Instruction $4,919,000 55.1%
Support Services $2,328,000 26.1%
Capital Outlays $464,000 5.2%
Other / Operations $1,223,000 13.7%
Total Expenditure $8,934,000 100.0%

Financial Comparison & Trends Chart

$0$5,250$10,500$15,750$21,000FY 2020 Revenue/Student: $14,578$14,578FY 2020 Expenditure/Student: $14,838$14,838FY 2020536 stdsFY 2021 Revenue/Student: $15,208$15,208FY 2021 Expenditure/Student: $13,537$13,537FY 2021523 stdsFY 2022 Revenue/Student: $16,267$16,267FY 2022 Expenditure/Student: $14,990$14,990FY 2022520 stdsFY 2023 Revenue/Student: $16,764$16,764FY 2023 Expenditure/Student: $16,400$16,400FY 2023518 stdsFY 2024 Revenue/Student: $18,212$18,212FY 2024 Expenditure/Student: $16,185$16,185FY 2024552 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $18,212

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 552 $10,053,000 $8,934,000 $4,919,000 $464,000 $10,828,000
FY 2023 518 $8,684,000 $8,495,000 $4,395,000 $463,000 $9,044,000
FY 2022 520 $8,459,000 $7,795,000 $4,451,000 $258,000 $9,987,000
FY 2021 523 $7,954,000 $7,080,000 $4,071,000 $320,000 $10,902,000
FY 2020 536 $7,814,000 $7,953,000 $3,900,000 $1,456,000 $11,794,000