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MN Regular Public School District 3 Schools

NEVIS PUBLIC SCHOOL DISTRICT

NEVIS, MN 56467 • Hubbard County • 3 Operating Schools
(218) 652-3500
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 609 students
Census F-33 • FY 2024
Total Revenue
$9,627,000
Total Expenditure
$9,197,000
Classroom Instruction
$5,005,000
Outstanding Debt
$2,989,000

Revenue Sources

State Government Funds: $7,149,000 (74.3%) Local Taxes & Fees: $1,777,000 (18.5%) Federal Aid: $701,000 (7.3%)
State Government Funds $7,149,000 74.3%
Local Taxes & Fees $1,777,000 18.5%
Federal Aid $701,000 7.3%
Total Revenue $9,627,000 100.0%

Expenditure Allocation

Classroom Instruction: $5,005,000 (54.4%) Support Services: $2,795,000 (30.4%) Capital Outlays: $531,000 (5.8%) Other / Operations: $866,000 (9.4%)
Classroom Instruction $5,005,000 54.4%
Support Services $2,795,000 30.4%
Capital Outlays $531,000 5.8%
Other / Operations $866,000 9.4%
Total Expenditure $9,197,000 100.0%

Financial Comparison & Trends Chart

$0$4,750$9,500$14,250$19,000FY 2020 Revenue/Student: $12,907$12,907FY 2020 Expenditure/Student: $12,389$12,389FY 2020627 stdsFY 2021 Revenue/Student: $13,576$13,576FY 2021 Expenditure/Student: $12,626$12,626FY 2021599 stdsFY 2022 Revenue/Student: $15,219$15,219FY 2022 Expenditure/Student: $15,677$15,677FY 2022579 stdsFY 2023 Revenue/Student: $14,690$14,690FY 2023 Expenditure/Student: $15,077$15,077FY 2023597 stdsFY 2024 Revenue/Student: $15,808$15,808FY 2024 Expenditure/Student: $15,102$15,102FY 2024609 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $15,808

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 609 $9,627,000 $9,197,000 $5,005,000 $531,000 $2,989,000
FY 2023 597 $8,770,000 $9,001,000 $4,790,000 $817,000 $1,737,000
FY 2022 579 $8,812,000 $9,077,000 $4,632,000 $1,153,000 $2,151,000
FY 2021 599 $8,132,000 $7,563,000 $4,235,000 $372,000 $2,549,000
FY 2020 627 $8,093,000 $7,768,000 $4,308,000 $610,000 $2,966,000