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MN Regular Public School District 12 Schools

PRINCETON PUBLIC SCHOOL DISTRICT

PRINCETON, MN 55371 • Mille Lacs County • 12 Operating Schools
(763) 389-2422
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 3,217 students
Census F-33 • FY 2024
Total Revenue
$57,071,000
Total Expenditure
$56,512,000
Classroom Instruction
$29,310,000
Outstanding Debt
$35,567,000

Revenue Sources

State Government Funds: $39,240,000 (68.8%) Local Taxes & Fees: $13,752,000 (24.1%) Federal Aid: $4,079,000 (7.1%)
State Government Funds $39,240,000 68.8%
Local Taxes & Fees $13,752,000 24.1%
Federal Aid $4,079,000 7.1%
Total Revenue $57,071,000 100.0%

Expenditure Allocation

Classroom Instruction: $29,310,000 (51.9%) Support Services: $13,959,000 (24.7%) Capital Outlays: $5,822,000 (10.3%) Other / Operations: $7,421,000 (13.1%)
Classroom Instruction $29,310,000 51.9%
Support Services $13,959,000 24.7%
Capital Outlays $5,822,000 10.3%
Other / Operations $7,421,000 13.1%
Total Expenditure $56,512,000 100.0%

Financial Comparison & Trends Chart

$0$5,250$10,500$15,750$21,000FY 2020 Revenue/Student: $13,663$13,663FY 2020 Expenditure/Student: $13,266$13,266FY 20203,327 stdsFY 2021 Revenue/Student: $14,166$14,166FY 2021 Expenditure/Student: $13,732$13,732FY 20213,211 stdsFY 2022 Revenue/Student: $14,613$14,613FY 2022 Expenditure/Student: $13,934$13,934FY 20223,234 stdsFY 2023 Revenue/Student: $15,074$15,074FY 2023 Expenditure/Student: $14,832$14,832FY 20233,342 stdsFY 2024 Revenue/Student: $17,740$17,740FY 2024 Expenditure/Student: $17,567$17,567FY 20243,217 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $17,740

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 3,217 $57,071,000 $56,512,000 $29,310,000 $5,822,000 $35,567,000
FY 2023 3,342 $50,378,000 $49,569,000 $27,105,000 $2,221,000 $39,046,000
FY 2022 3,234 $47,257,000 $45,063,000 $25,078,000 $1,724,000 $35,010,000
FY 2021 3,211 $45,487,000 $44,092,000 $23,942,000 $2,937,000 $38,080,000
FY 2020 3,327 $45,457,000 $44,135,000 $23,493,000 $3,112,000 $42,230,000