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MN Regular Public School District 4 Schools

REDWOOD AREA SCHOOL DISTRICT

REDWOOD FALLS, MN 56283 • Redwood County • 4 Operating Schools
(507) 644-3531
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,132 students
Census F-33 • FY 2024
Total Revenue
$22,173,000
Total Expenditure
$23,820,000
Classroom Instruction
$9,780,000
Outstanding Debt
$0

Revenue Sources

State Government Funds: $14,297,000 (64.5%) Local Taxes & Fees: $4,925,000 (22.2%) Federal Aid: $2,951,000 (13.3%)
State Government Funds $14,297,000 64.5%
Local Taxes & Fees $4,925,000 22.2%
Federal Aid $2,951,000 13.3%
Total Revenue $22,173,000 100.0%

Expenditure Allocation

Classroom Instruction: $9,780,000 (41.1%) Support Services: $7,005,000 (29.4%) Capital Outlays: $4,799,000 (20.1%) Other / Operations: $2,236,000 (9.4%)
Classroom Instruction $9,780,000 41.1%
Support Services $7,005,000 29.4%
Capital Outlays $4,799,000 20.1%
Other / Operations $2,236,000 9.4%
Total Expenditure $23,820,000 100.0%

Financial Comparison & Trends Chart

$0$6,250$12,500$18,750$25,000FY 2020 Revenue/Student: $15,860$15,860FY 2020 Expenditure/Student: $14,635$14,635FY 20201,138 stdsFY 2021 Revenue/Student: $16,875$16,875FY 2021 Expenditure/Student: $14,655$14,655FY 20211,129 stdsFY 2022 Revenue/Student: $16,165$16,165FY 2022 Expenditure/Student: $16,559$16,559FY 20221,119 stdsFY 2023 Revenue/Student: $17,500$17,500FY 2023 Expenditure/Student: $18,236$18,236FY 20231,113 stdsFY 2024 Revenue/Student: $19,587$19,587FY 2024 Expenditure/Student: $21,042$21,042FY 20241,132 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $21,042

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,132 $22,173,000 $23,820,000 $9,780,000 $4,799,000 $0
FY 2023 1,113 $19,477,000 $20,297,000 $9,214,000 $2,317,000 $3,247,000
FY 2022 1,119 $18,089,000 $18,530,000 $9,415,000 $1,248,000 $3,994,000
FY 2021 1,129 $19,052,000 $16,545,000 $8,418,000 $1,068,000 $2,001,000
FY 2020 1,138 $18,049,000 $16,655,000 $8,209,000 $1,372,000 $3,758,000