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MN Specialized Public School District 8 Schools

RIVER BEND EDUCATION DISTRICT

NEW ULM, MN 56073 • Brown County • 8 Operating Schools
(507) 359-8700
Official Website

Fiscal Year 2024 Financial Balance Sheet

Census F-33 • FY 2024
Total Revenue
$9,633,000
Total Expenditure
$9,538,000
Classroom Instruction
$7,776,000
Outstanding Debt
$0

Revenue Sources

State Government Funds: $4,225,000 (43.9%) Local Taxes & Fees: $3,383,000 (35.1%) Federal Aid: $2,025,000 (21%)
State Government Funds $4,225,000 43.9%
Local Taxes & Fees $3,383,000 35.1%
Federal Aid $2,025,000 21%
Total Revenue $9,633,000 100.0%

Expenditure Allocation

Classroom Instruction: $7,776,000 (81.5%) Support Services: $1,192,000 (12.5%) Capital Outlays: $530,000 (5.6%) Other / Operations: $40,000 (0.4%)
Classroom Instruction $7,776,000 81.5%
Support Services $1,192,000 12.5%
Capital Outlays $530,000 5.6%
Other / Operations $40,000 0.4%
Total Expenditure $9,538,000 100.0%

Financial Comparison & Trends Chart

$0$0$1$1$1N/AFY 2020Enrollment N/AN/AFY 2021Enrollment N/AN/AFY 2022Enrollment N/AN/AFY 2023Enrollment N/AN/AFY 2024Enrollment N/A
Revenue per Student Expenditure per Student
Peak Per-Pupil: $1

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 N/A $9,633,000 $9,538,000 $7,776,000 $530,000 $0
FY 2023 N/A $8,547,000 $8,645,000 $6,810,000 $859,000 $880,000
FY 2022 N/A $8,037,000 $7,645,000 $6,330,000 $430,000 $880,000
FY 2021 N/A $7,399,000 $7,259,000 $5,960,000 $337,000 $880,000
FY 2020 0 $8,054,000 $7,779,000 $6,507,000 $339,000 $1,067,000