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MN Regular Public School District 5 Schools

THIEF RIVER FALLS SCHOOL DISTRICT

THIEF RIVER FALLS, MN 56701 • Pennington County • 5 Operating Schools
(218) 681-8711
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,811 students
Census F-33 • FY 2024
Total Revenue
$32,263,000
Total Expenditure
$27,832,000
Classroom Instruction
$15,030,000
Outstanding Debt
$34,560,000

Revenue Sources

State Government Funds: $21,486,000 (66.6%) Local Taxes & Fees: $8,084,000 (25.1%) Federal Aid: $2,693,000 (8.3%)
State Government Funds $21,486,000 66.6%
Local Taxes & Fees $8,084,000 25.1%
Federal Aid $2,693,000 8.3%
Total Revenue $32,263,000 100.0%

Expenditure Allocation

Classroom Instruction: $15,030,000 (54%) Support Services: $8,073,000 (29%) Capital Outlays: $869,000 (3.1%) Other / Operations: $3,860,000 (13.9%)
Classroom Instruction $15,030,000 54%
Support Services $8,073,000 29%
Capital Outlays $869,000 3.1%
Other / Operations $3,860,000 13.9%
Total Expenditure $27,832,000 100.0%

Financial Comparison & Trends Chart

$0$5,250$10,500$15,750$21,000FY 2020 Revenue/Student: $14,639$14,639FY 2020 Expenditure/Student: $13,867$13,867FY 20202,030 stdsFY 2021 Revenue/Student: $15,142$15,142FY 2021 Expenditure/Student: $13,903$13,903FY 20211,914 stdsFY 2022 Revenue/Student: $16,711$16,711FY 2022 Expenditure/Student: $15,894$15,894FY 20221,853 stdsFY 2023 Revenue/Student: $17,095$17,095FY 2023 Expenditure/Student: $16,940$16,940FY 20231,806 stdsFY 2024 Revenue/Student: $17,815$17,815FY 2024 Expenditure/Student: $15,368$15,368FY 20241,811 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $17,815

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,811 $32,263,000 $27,832,000 $15,030,000 $869,000 $34,560,000
FY 2023 1,806 $30,874,000 $30,594,000 $14,790,000 $2,211,000 $38,648,000
FY 2022 1,853 $30,966,000 $29,451,000 $15,071,000 $2,922,000 $48,025,000
FY 2021 1,914 $28,981,000 $26,610,000 $13,693,000 $1,700,000 $69,575,000
FY 2020 2,030 $29,718,000 $28,151,000 $14,095,000 $2,870,000 $63,365,000