MN
Specialized Public School District
4 Schools
SOUTHERN PLAINS EDUCATION COOP.
FAIRMONT, MN 56031
•
Martin County
•
4 Operating Schools
(507) 238-1472
Official Website
Fiscal Year 2024 Financial Balance Sheet
Total Revenue
$8,444,000
Total Expenditure
$8,264,000
Classroom Instruction
$6,163,000
Outstanding Debt
$9,285,000
Revenue Sources
| State Government Funds | $3,083,000 | 36.5% | |
| Local Taxes & Fees | $3,971,000 | 47% | |
| Federal Aid | $1,390,000 | 16.5% | |
| Total Revenue | $8,444,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $6,163,000 | 74.6% | |
| Support Services | $725,000 | 8.8% | |
| Capital Outlays | $961,000 | 11.6% | |
| Other / Operations | $415,000 | 5% | |
| Total Expenditure | $8,264,000 | 100.0% |
Financial Comparison & Trends Chart
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 | $8,444,000 | $8,264,000 | $6,163,000 | $961,000 | $9,285,000 |
| FY 2023 | N/A | $7,355,000 | $8,037,000 | $5,962,000 | $1,110,000 | $9,280,000 |
| FY 2022 | N/A | $7,220,000 | $7,871,000 | $5,786,000 | $1,133,000 | $9,715,000 |
| FY 2021 | N/A | $6,716,000 | $7,223,000 | $5,260,000 | $1,020,000 | $10,135,000 |
| FY 2020 | 0 | $6,601,000 | $10,703,000 | $5,173,000 | $4,515,000 | $10,549,000 |