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MN Regular Public School District 2 Schools

NASHWAUK-KEEWATIN SCHOOL DISTRICT

NASHWAUK, MN 55769 • Itasca County • 2 Operating Schools
(218) 885-1280
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 583 students
Census F-33 • FY 2024
Total Revenue
$18,964,000
Total Expenditure
$34,637,000
Classroom Instruction
$5,824,000
Outstanding Debt
$2,730,000

Revenue Sources

State Government Funds: $8,422,000 (44.4%) Local Taxes & Fees: $8,693,000 (45.8%) Federal Aid: $1,849,000 (9.8%)
State Government Funds $8,422,000 44.4%
Local Taxes & Fees $8,693,000 45.8%
Federal Aid $1,849,000 9.8%
Total Revenue $18,964,000 100.0%

Expenditure Allocation

Classroom Instruction: $5,824,000 (16.8%) Support Services: $3,164,000 (9.1%) Capital Outlays: $22,249,000 (64.2%) Other / Operations: $3,400,000 (9.8%)
Classroom Instruction $5,824,000 16.8%
Support Services $3,164,000 9.1%
Capital Outlays $22,249,000 64.2%
Other / Operations $3,400,000 9.8%
Total Expenditure $34,637,000 100.0%

Financial Comparison & Trends Chart

$0$17,250$34,500$51,750$69,000FY 2020 Revenue/Student: $15,257$15,257FY 2020 Expenditure/Student: $15,923$15,923FY 2020623 stdsFY 2021 Revenue/Student: $18,065$18,065FY 2021 Expenditure/Student: $15,861$15,861FY 2021597 stdsFY 2022 Revenue/Student: $16,922$16,922FY 2022 Expenditure/Student: $19,017$19,017FY 2022599 stdsFY 2023 Revenue/Student: $18,446$18,446FY 2023 Expenditure/Student: $25,198$25,198FY 2023581 stdsFY 2024 Revenue/Student: $32,528$32,528FY 2024 Expenditure/Student: $59,412$59,412FY 2024583 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $59,412

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 583 $18,964,000 $34,637,000 $5,824,000 $22,249,000 $2,730,000
FY 2023 581 $10,717,000 $14,640,000 $5,221,000 $3,622,000 $55,235,000
FY 2022 599 $10,136,000 $11,391,000 $5,420,000 $1,824,000 $52,843,000
FY 2021 597 $10,785,000 $9,469,000 $5,074,000 $501,000 $4,174,000
FY 2020 623 $9,505,000 $9,920,000 $5,322,000 $711,000 $4,534,000