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MN Regular Public School District 7 Schools

Red Wing Public School District

RED WING, MN 55066 • Goodhue County • 7 Operating Schools
(651) 385-4502
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 2,231 students
Census F-33 • FY 2024
Total Revenue
$47,186,000
Total Expenditure
$46,501,000
Classroom Instruction
$22,829,000
Outstanding Debt
$18,007,000

Revenue Sources

State Government Funds: $29,123,000 (61.7%) Local Taxes & Fees: $15,668,000 (33.2%) Federal Aid: $2,395,000 (5.1%)
State Government Funds $29,123,000 61.7%
Local Taxes & Fees $15,668,000 33.2%
Federal Aid $2,395,000 5.1%
Total Revenue $47,186,000 100.0%

Expenditure Allocation

Classroom Instruction: $22,829,000 (49.1%) Support Services: $12,317,000 (26.5%) Capital Outlays: $2,438,000 (5.2%) Other / Operations: $8,917,000 (19.2%)
Classroom Instruction $22,829,000 49.1%
Support Services $12,317,000 26.5%
Capital Outlays $2,438,000 5.2%
Other / Operations $8,917,000 19.2%
Total Expenditure $46,501,000 100.0%

Financial Comparison & Trends Chart

$0$6,250$12,500$18,750$25,000FY 2020 Revenue/Student: $16,990$16,990FY 2020 Expenditure/Student: $15,631$15,631FY 20202,681 stdsFY 2021 Revenue/Student: $18,480$18,480FY 2021 Expenditure/Student: $16,943$16,943FY 20212,527 stdsFY 2022 Revenue/Student: $18,219$18,219FY 2022 Expenditure/Student: $18,266$18,266FY 20222,481 stdsFY 2023 Revenue/Student: $18,728$18,728FY 2023 Expenditure/Student: $20,265$20,265FY 20232,335 stdsFY 2024 Revenue/Student: $21,150$21,150FY 2024 Expenditure/Student: $20,843$20,843FY 20242,231 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $21,150

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 2,231 $47,186,000 $46,501,000 $22,829,000 $2,438,000 $18,007,000
FY 2023 2,335 $43,730,000 $47,318,000 $22,168,000 $3,490,000 $18,782,000
FY 2022 2,481 $45,201,000 $45,317,000 $22,699,000 $1,910,000 $19,950,000
FY 2021 2,527 $46,699,000 $42,814,000 $22,558,000 $2,049,000 $19,322,000
FY 2020 2,681 $45,551,000 $41,907,000 $21,434,000 $2,325,000 $20,485,000