MN
Regular Public School District
2 Schools
MOUNTAIN IRON-BUHL SCHOOL DISTRICT
MOUNTAIN IRON, MN 55768
•
St. Louis County
•
2 Operating Schools
(218) 735-8271
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 591 students
Total Revenue
$12,408,000
Total Expenditure
$11,865,000
Classroom Instruction
$5,784,000
Outstanding Debt
$24,070,000
Revenue Sources
| State Government Funds | $9,431,000 | 76% | |
| Local Taxes & Fees | $2,401,000 | 19.4% | |
| Federal Aid | $576,000 | 4.6% | |
| Total Revenue | $12,408,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $5,784,000 | 48.7% | |
| Support Services | $2,960,000 | 24.9% | |
| Capital Outlays | $1,084,000 | 9.1% | |
| Other / Operations | $2,037,000 | 17.2% | |
| Total Expenditure | $11,865,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $20,995
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 591 | $12,408,000 | $11,865,000 | $5,784,000 | $1,084,000 | $24,070,000 |
| FY 2023 | 618 | $11,188,000 | $10,830,000 | $5,364,000 | $372,000 | $24,670,000 |
| FY 2022 | 560 | $11,255,000 | $10,966,000 | $5,530,000 | $665,000 | $25,860,000 |
| FY 2021 | 567 | $10,844,000 | $10,122,000 | $4,900,000 | $414,000 | $27,015,000 |
| FY 2020 | 591 | $10,187,000 | $9,632,000 | $4,567,000 | $453,000 | $28,095,000 |