MN
Regular Public School District
8 Schools
PARK RAPIDS PUBLIC SCHOOL DISTRICT
PARK RAPIDS, MN 56470
•
Hubbard County
•
8 Operating Schools
(218) 237-6500
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 1,675 students
Total Revenue
$37,520,000
Total Expenditure
$60,381,000
Classroom Instruction
$16,902,000
Outstanding Debt
$15,883,000
Revenue Sources
| State Government Funds | $20,772,000 | 55.4% | |
| Local Taxes & Fees | $12,057,000 | 32.1% | |
| Federal Aid | $4,691,000 | 12.5% | |
| Total Revenue | $37,520,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $16,902,000 | 28% | |
| Support Services | $6,859,000 | 11.4% | |
| Capital Outlays | $31,815,000 | 52.7% | |
| Other / Operations | $4,805,000 | 8% | |
| Total Expenditure | $60,381,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $36,048
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 1,675 | $37,520,000 | $60,381,000 | $16,902,000 | $31,815,000 | $15,883,000 |
| FY 2023 | 1,765 | $31,741,000 | $34,047,000 | $16,504,000 | $6,870,000 | $65,175,000 |
| FY 2022 | 1,744 | $27,007,000 | $29,000,000 | $15,683,000 | $4,183,000 | $44,505,000 |
| FY 2021 | 1,686 | $25,458,000 | $23,949,000 | $14,175,000 | $915,000 | $15,485,000 |
| FY 2020 | 1,728 | $25,459,000 | $22,821,000 | $13,405,000 | $999,000 | $17,785,000 |