MN
Regular Public School District
10 Schools
RICHFIELD PUBLIC SCHOOL DISTRICT
RICHFIELD, MN 55423
•
Hennepin County
•
10 Operating Schools
(612) 798-6000
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 4,043 students
Total Revenue
$98,665,000
Total Expenditure
$95,213,000
Classroom Instruction
$48,346,000
Outstanding Debt
$136,840,000
Revenue Sources
| State Government Funds | $57,154,000 | 57.9% | |
| Local Taxes & Fees | $33,534,000 | 34% | |
| Federal Aid | $7,977,000 | 8.1% | |
| Total Revenue | $98,665,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $48,346,000 | 50.8% | |
| Support Services | $27,199,000 | 28.6% | |
| Capital Outlays | $6,334,000 | 6.7% | |
| Other / Operations | $13,334,000 | 14% | |
| Total Expenditure | $95,213,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $32,441
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 4,043 | $98,665,000 | $95,213,000 | $48,346,000 | $6,334,000 | $136,840,000 |
| FY 2023 | 4,139 | $89,680,000 | $88,599,000 | $45,450,000 | $5,466,000 | $139,439,000 |
| FY 2022 | 4,151 | $87,687,000 | $91,921,000 | $42,736,000 | $12,906,000 | $139,874,000 |
| FY 2021 | 4,166 | $82,701,000 | $110,731,000 | $39,995,000 | $40,352,000 | $140,243,000 |
| FY 2020 | 4,291 | $83,809,000 | $139,203,000 | $39,601,000 | $68,850,000 | $142,994,000 |