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MN Specialized Public School District 3 Schools

MN River Valley Education District

MONTEVIDEO, MN 56265 • Chippewa County • 3 Operating Schools
(320) 269-9297
Official Website

Fiscal Year 2024 Financial Balance Sheet

Census F-33 • FY 2024
Total Revenue
$2,648,000
Total Expenditure
$3,291,000
Classroom Instruction
$1,399,000
Outstanding Debt
$12,000

Revenue Sources

State Government Funds: $663,000 (25%) Local Taxes & Fees: $1,262,000 (47.7%) Federal Aid: $723,000 (27.3%)
State Government Funds $663,000 25%
Local Taxes & Fees $1,262,000 47.7%
Federal Aid $723,000 27.3%
Total Revenue $2,648,000 100.0%

Expenditure Allocation

Classroom Instruction: $1,399,000 (42.5%) Support Services: $1,419,000 (43.1%) Capital Outlays: $65,000 (2%) Other / Operations: $408,000 (12.4%)
Classroom Instruction $1,399,000 42.5%
Support Services $1,419,000 43.1%
Capital Outlays $65,000 2%
Other / Operations $408,000 12.4%
Total Expenditure $3,291,000 100.0%

Financial Comparison & Trends Chart

$0$0$1$1$1N/AFY 2020Enrollment N/AN/AFY 2021Enrollment N/AN/AFY 2022Enrollment N/AN/AFY 2023Enrollment N/AN/AFY 2024Enrollment N/A
Revenue per Student Expenditure per Student
Peak Per-Pupil: $1

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 N/A $2,648,000 $3,291,000 $1,399,000 $65,000 $12,000
FY 2023 N/A $3,008,000 $3,393,000 $1,424,000 $208,000 $0
FY 2022 N/A $3,254,000 $3,581,000 $1,436,000 $182,000 $0
FY 2021 N/A $3,099,000 $3,057,000 $1,297,000 $88,000 $0
FY 2020 0 $3,459,000 $3,235,000 $1,254,000 $37,000 $0