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MN Specialized Public School District 2 Schools

Runestone Area Education District

ALEXANDRIA, MN 56308 • Douglas County • 2 Operating Schools
(320) 763-5559
Official Website

Fiscal Year 2024 Financial Balance Sheet

Census F-33 • FY 2024
Total Revenue
$3,212,000
Total Expenditure
$3,426,000
Classroom Instruction
$2,904,000
Outstanding Debt
$0

Revenue Sources

State Government Funds: $236,000 (7.3%) Local Taxes & Fees: $1,998,000 (62.2%) Federal Aid: $978,000 (30.4%)
State Government Funds $236,000 7.3%
Local Taxes & Fees $1,998,000 62.2%
Federal Aid $978,000 30.4%
Total Revenue $3,212,000 100.0%

Expenditure Allocation

Classroom Instruction: $2,904,000 (84.8%) Support Services: $368,000 (10.7%) Other / Operations: $153,000 (4.5%)
Classroom Instruction $2,904,000 84.8%
Support Services $368,000 10.7%
Capital Outlays $1,000 0%
Other / Operations $153,000 4.5%
Total Expenditure $3,426,000 100.0%

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 $3,212,000 $3,426,000 $2,904,000 $1,000 $0
FY 2023 N/A $3,327,000 $3,682,000 $3,229,000 $1,000 $0
FY 2022 N/A $3,853,000 $3,820,000 $3,422,000 $16,000 $0
FY 2021 N/A $3,997,000 $3,874,000 $3,442,000 $0 $0
FY 2020 0 $4,212,000 $3,825,000 $3,391,000 $1,000 $0