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MN Regular Public School District 14 Schools

MINNETONKA PUBLIC SCHOOL DISTRICT

MINNETONKA, MN 55345 • Hennepin County • 14 Operating Schools
(952) 401-5000
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 11,356 students
Census F-33 • FY 2024
Total Revenue
$217,165,000
Total Expenditure
$237,636,000
Classroom Instruction
$128,037,000
Outstanding Debt
$186,944,000

Revenue Sources

State Government Funds: $121,962,000 (56.2%) Local Taxes & Fees: $89,803,000 (41.4%) Federal Aid: $5,400,000 (2.5%)
State Government Funds $121,962,000 56.2%
Local Taxes & Fees $89,803,000 41.4%
Federal Aid $5,400,000 2.5%
Total Revenue $217,165,000 100.0%

Expenditure Allocation

Classroom Instruction: $128,037,000 (53.9%) Support Services: $45,973,000 (19.3%) Capital Outlays: $35,325,000 (14.9%) Other / Operations: $28,301,000 (11.9%)
Classroom Instruction $128,037,000 53.9%
Support Services $45,973,000 19.3%
Capital Outlays $35,325,000 14.9%
Other / Operations $28,301,000 11.9%
Total Expenditure $237,636,000 100.0%

Financial Comparison & Trends Chart

$0$6,250$12,500$18,750$25,000FY 2020 Revenue/Student: $15,651$15,651FY 2020 Expenditure/Student: $15,767$15,767FY 202011,168 stdsFY 2021 Revenue/Student: $16,264$16,264FY 2021 Expenditure/Student: $16,537$16,537FY 202111,106 stdsFY 2022 Revenue/Student: $16,797$16,797FY 2022 Expenditure/Student: $17,304$17,304FY 202211,307 stdsFY 2023 Revenue/Student: $17,826$17,826FY 2023 Expenditure/Student: $18,615$18,615FY 202311,248 stdsFY 2024 Revenue/Student: $19,123$19,123FY 2024 Expenditure/Student: $20,926$20,926FY 202411,356 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $20,926

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 11,356 $217,165,000 $237,636,000 $128,037,000 $35,325,000 $186,944,000
FY 2023 11,248 $200,502,000 $209,386,000 $118,069,000 $26,054,000 $245,387,000
FY 2022 11,307 $189,927,000 $195,651,000 $114,740,000 $18,938,000 $238,068,000
FY 2021 11,106 $180,624,000 $183,659,000 $110,233,000 $17,562,000 $186,089,000
FY 2020 11,168 $174,785,000 $176,081,000 $100,811,000 $16,865,000 $176,889,000