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MN Regular Public School District 2 Schools

RANDOLPH PUBLIC SCHOOL DISTRICT

RANDOLPH, MN 55065 • Dakota County • 2 Operating Schools
(507) 263-2151
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 870 students
Census F-33 • FY 2024
Total Revenue
$12,339,000
Total Expenditure
$12,573,000
Classroom Instruction
$7,131,000
Outstanding Debt
$8,860,000

Revenue Sources

State Government Funds: $9,019,000 (73.1%) Local Taxes & Fees: $2,824,000 (22.9%) Federal Aid: $496,000 (4%)
State Government Funds $9,019,000 73.1%
Local Taxes & Fees $2,824,000 22.9%
Federal Aid $496,000 4%
Total Revenue $12,339,000 100.0%

Expenditure Allocation

Classroom Instruction: $7,131,000 (56.7%) Support Services: $2,868,000 (22.8%) Capital Outlays: $766,000 (6.1%) Other / Operations: $1,808,000 (14.4%)
Classroom Instruction $7,131,000 56.7%
Support Services $2,868,000 22.8%
Capital Outlays $766,000 6.1%
Other / Operations $1,808,000 14.4%
Total Expenditure $12,573,000 100.0%

Financial Comparison & Trends Chart

$0$5,250$10,500$15,750$21,000FY 2020 Revenue/Student: $13,449$13,449FY 2020 Expenditure/Student: $17,871$17,871FY 2020695 stdsFY 2021 Revenue/Student: $13,564$13,564FY 2021 Expenditure/Student: $14,975$14,975FY 2021706 stdsFY 2022 Revenue/Student: $13,871$13,871FY 2022 Expenditure/Student: $14,759$14,759FY 2022769 stdsFY 2023 Revenue/Student: $13,778$13,778FY 2023 Expenditure/Student: $14,137$14,137FY 2023842 stdsFY 2024 Revenue/Student: $14,183$14,183FY 2024 Expenditure/Student: $14,452$14,452FY 2024870 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $17,871

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 870 $12,339,000 $12,573,000 $7,131,000 $766,000 $8,860,000
FY 2023 842 $11,601,000 $11,903,000 $6,833,000 $628,000 $9,475,000
FY 2022 769 $10,667,000 $11,350,000 $6,049,000 $1,159,000 $10,030,000
FY 2021 706 $9,576,000 $10,572,000 $5,010,000 $2,083,000 $10,585,000
FY 2020 695 $9,347,000 $12,420,000 $4,896,000 $4,081,000 $11,130,000