MN
Regular Public School District
12 Schools
St. Michael-Albertville Schools
ALBERTVILLE, MN 55301
•
Wright County
•
12 Operating Schools
(763) 497-3180
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 6,696 students
Total Revenue
$112,161,000
Total Expenditure
$93,854,000
Classroom Instruction
$52,831,000
Outstanding Debt
$113,937,000
Revenue Sources
| State Government Funds | $80,390,000 | 71.7% | |
| Local Taxes & Fees | $27,595,000 | 24.6% | |
| Federal Aid | $4,176,000 | 3.7% | |
| Total Revenue | $112,161,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $52,831,000 | 56.3% | |
| Support Services | $23,371,000 | 24.9% | |
| Capital Outlays | $2,349,000 | 2.5% | |
| Other / Operations | $15,303,000 | 16.3% | |
| Total Expenditure | $93,854,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $16,750
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 6,696 | $112,161,000 | $93,854,000 | $52,831,000 | $2,349,000 | $113,937,000 |
| FY 2023 | 6,670 | $101,461,000 | $86,886,000 | $48,068,000 | $2,182,000 | $136,524,000 |
| FY 2022 | 6,653 | $99,606,000 | $84,481,000 | $46,843,000 | $1,784,000 | $148,040,000 |
| FY 2021 | 6,366 | $91,607,000 | $82,808,000 | $45,415,000 | $2,146,000 | $148,313,000 |
| FY 2020 | 6,557 | $89,170,000 | $83,635,000 | $43,519,000 | $4,529,000 | $158,309,000 |