MN
Regular Public School District
12 Schools
NORTHFIELD PUBLIC SCHOOL DISTRICT
NORTHFIELD, MN 55057
•
Rice County
•
12 Operating Schools
(507) 663-0629
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 3,875 students
Total Revenue
$77,476,000
Total Expenditure
$73,002,000
Classroom Instruction
$44,358,000
Outstanding Debt
$42,792,000
Revenue Sources
| State Government Funds | $47,764,000 | 61.7% | |
| Local Taxes & Fees | $27,169,000 | 35.1% | |
| Federal Aid | $2,543,000 | 3.3% | |
| Total Revenue | $77,476,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $44,358,000 | 60.8% | |
| Support Services | $17,374,000 | 23.8% | |
| Capital Outlays | $1,880,000 | 2.6% | |
| Other / Operations | $9,390,000 | 12.9% | |
| Total Expenditure | $73,002,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $23,475
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 3,875 | $77,476,000 | $73,002,000 | $44,358,000 | $1,880,000 | $42,792,000 |
| FY 2023 | 3,857 | $73,069,000 | $72,740,000 | $42,766,000 | $3,912,000 | $57,117,000 |
| FY 2022 | 3,914 | $71,905,000 | $73,209,000 | $42,284,000 | $5,084,000 | $61,257,000 |
| FY 2021 | 3,988 | $68,163,000 | $73,151,000 | $38,733,000 | $12,171,000 | $62,247,000 |
| FY 2020 | 4,054 | $68,086,000 | $95,169,000 | $37,772,000 | $34,572,000 | $57,311,000 |