MN
Regular Public School District
10 Schools
RED LAKE PUBLIC SCHOOL DISTRICT
RED LAKE, MN 56671
•
Beltrami County
•
10 Operating Schools
(218) 679-3353
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 1,441 students
Total Revenue
$56,526,000
Total Expenditure
$53,015,000
Classroom Instruction
$27,336,000
Outstanding Debt
$526,000
Revenue Sources
| State Government Funds | $29,283,000 | 51.8% | |
| Local Taxes & Fees | $1,786,000 | 3.2% | |
| Federal Aid | $25,457,000 | 45% | |
| Total Revenue | $56,526,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $27,336,000 | 51.6% | |
| Support Services | $18,032,000 | 34% | |
| Capital Outlays | $3,296,000 | 6.2% | |
| Other / Operations | $4,351,000 | 8.2% | |
| Total Expenditure | $53,015,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $44,718
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 1,441 | $56,526,000 | $53,015,000 | $27,336,000 | $3,296,000 | $526,000 |
| FY 2023 | 1,437 | $46,388,000 | $49,789,000 | $25,489,000 | $5,276,000 | $57,113,000 |
| FY 2022 | 1,467 | $42,445,000 | $44,262,000 | $23,452,000 | $3,617,000 | $57,119,000 |
| FY 2021 | 1,526 | $68,240,000 | $45,227,000 | $21,879,000 | $6,990,000 | $57,129,000 |
| FY 2020 | 1,529 | $41,240,000 | $47,332,000 | $21,697,000 | $10,832,000 | $56,612,000 |