MN
Regular Public School District
2 Schools
RED LAKE FALLS PUBLIC SCHOOL DIST.
RED LAKE FALLS, MN 56750
•
Red Lake County
•
2 Operating Schools
(218) 253-2139
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 389 students
Total Revenue
$8,201,000
Total Expenditure
$7,934,000
Classroom Instruction
$4,330,000
Outstanding Debt
$11,742,000
Revenue Sources
| State Government Funds | $5,867,000 | 71.5% | |
| Local Taxes & Fees | $2,014,000 | 24.6% | |
| Federal Aid | $320,000 | 3.9% | |
| Total Revenue | $8,201,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $4,330,000 | 54.6% | |
| Support Services | $2,165,000 | 27.3% | |
| Capital Outlays | $365,000 | 4.6% | |
| Other / Operations | $1,074,000 | 13.5% | |
| Total Expenditure | $7,934,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $32,186
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 389 | $8,201,000 | $7,934,000 | $4,330,000 | $365,000 | $11,742,000 |
| FY 2023 | 384 | $7,805,000 | $8,140,000 | $4,220,000 | $895,000 | $10,536,000 |
| FY 2022 | 381 | $7,369,000 | $8,848,000 | $4,141,000 | $1,739,000 | $11,052,000 |
| FY 2021 | 387 | $7,364,000 | $12,456,000 | $3,842,000 | $5,760,000 | $11,557,000 |
| FY 2020 | 388 | $6,103,000 | $7,497,000 | $3,459,000 | $1,650,000 | $12,052,000 |