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MN Regular Public School District 8 Schools

PINE CITY PUBLIC SCHOOL DISTRICT

PINE CITY, MN 55063 • Pine County • 8 Operating Schools
(320) 629-4010
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,594 students
Census F-33 • FY 2024
Total Revenue
$26,823,000
Total Expenditure
$26,306,000
Classroom Instruction
$15,164,000
Outstanding Debt
$17,310,000

Revenue Sources

State Government Funds: $19,528,000 (72.8%) Local Taxes & Fees: $5,940,000 (22.1%) Federal Aid: $1,355,000 (5.1%)
State Government Funds $19,528,000 72.8%
Local Taxes & Fees $5,940,000 22.1%
Federal Aid $1,355,000 5.1%
Total Revenue $26,823,000 100.0%

Expenditure Allocation

Classroom Instruction: $15,164,000 (57.6%) Support Services: $6,922,000 (26.3%) Capital Outlays: $1,561,000 (5.9%) Other / Operations: $2,659,000 (10.1%)
Classroom Instruction $15,164,000 57.6%
Support Services $6,922,000 26.3%
Capital Outlays $1,561,000 5.9%
Other / Operations $2,659,000 10.1%
Total Expenditure $26,306,000 100.0%

Financial Comparison & Trends Chart

$0$5,250$10,500$15,750$21,000FY 2020 Revenue/Student: $14,830$14,830FY 2020 Expenditure/Student: $14,661$14,661FY 20201,568 stdsFY 2021 Revenue/Student: $15,243$15,243FY 2021 Expenditure/Student: $16,016$16,016FY 20211,538 stdsFY 2022 Revenue/Student: $16,496$16,496FY 2022 Expenditure/Student: $18,009$18,009FY 20221,572 stdsFY 2023 Revenue/Student: $15,660$15,660FY 2023 Expenditure/Student: $15,721$15,721FY 20231,586 stdsFY 2024 Revenue/Student: $16,827$16,827FY 2024 Expenditure/Student: $16,503$16,503FY 20241,594 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $18,009

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,594 $26,823,000 $26,306,000 $15,164,000 $1,561,000 $17,310,000
FY 2023 1,586 $24,837,000 $24,933,000 $14,875,000 $1,215,000 $20,284,000
FY 2022 1,572 $25,931,000 $28,310,000 $14,809,000 $4,059,000 $21,722,000
FY 2021 1,538 $23,444,000 $24,632,000 $14,003,000 $1,825,000 $23,133,000
FY 2020 1,568 $23,254,000 $22,988,000 $14,092,000 $795,000 $15,023,000