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MN Regular Public School District 5 Schools

Rock Ridge Public Schools

VIRGINIA, MN 55792 • St. Louis County • 5 Operating Schools
(218) 735-3500
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 2,331 students
Census F-33 • FY 2024
Total Revenue
$62,835,000
Total Expenditure
$77,922,000
Classroom Instruction
$22,254,000
Outstanding Debt
$155,205,000

Revenue Sources

State Government Funds: $34,508,000 (54.9%) Local Taxes & Fees: $24,312,000 (38.7%) Federal Aid: $4,015,000 (6.4%)
State Government Funds $34,508,000 54.9%
Local Taxes & Fees $24,312,000 38.7%
Federal Aid $4,015,000 6.4%
Total Revenue $62,835,000 100.0%

Expenditure Allocation

Classroom Instruction: $22,254,000 (28.6%) Support Services: $13,883,000 (17.8%) Capital Outlays: $31,291,000 (40.2%) Other / Operations: $10,494,000 (13.5%)
Classroom Instruction $22,254,000 28.6%
Support Services $13,883,000 17.8%
Capital Outlays $31,291,000 40.2%
Other / Operations $10,494,000 13.5%
Total Expenditure $77,922,000 100.0%

Financial Comparison & Trends Chart

$0$13,750$27,500$41,250$55,000FY 2021 Revenue/Student: $20,464$20,464FY 2021 Expenditure/Student: $38,606$38,606FY 20212,556 stdsFY 2022 Revenue/Student: $21,319$21,319FY 2022 Expenditure/Student: $47,595$47,595FY 20222,501 stdsFY 2023 Revenue/Student: $22,230$22,230FY 2023 Expenditure/Student: $37,036$37,036FY 20232,406 stdsFY 2024 Revenue/Student: $26,956$26,956FY 2024 Expenditure/Student: $33,429$33,429FY 20242,331 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $47,595

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 2,331 $62,835,000 $77,922,000 $22,254,000 $31,291,000 $155,205,000
FY 2023 2,406 $53,485,000 $89,108,000 $21,887,000 $41,913,000 $155,205,000
FY 2022 2,501 $53,318,000 $119,036,000 $22,661,000 $73,171,000 $161,121,000
FY 2021 2,556 $52,305,000 $98,676,000 $21,119,000 $55,922,000 $166,946,000