MN
Regular Public School District
2 Schools
UNDERWOOD PUBLIC SCHOOL DISTRICT
UNDERWOOD, MN 56586
•
Otter Tail County
•
2 Operating Schools
(218) 826-6101
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 571 students
Total Revenue
$9,010,000
Total Expenditure
$11,008,000
Classroom Instruction
$4,804,000
Outstanding Debt
$8,175,000
Revenue Sources
| State Government Funds | $6,940,000 | 77% | |
| Local Taxes & Fees | $1,656,000 | 18.4% | |
| Federal Aid | $414,000 | 4.6% | |
| Total Revenue | $9,010,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $4,804,000 | 43.6% | |
| Support Services | $2,037,000 | 18.5% | |
| Capital Outlays | $3,033,000 | 27.6% | |
| Other / Operations | $1,134,000 | 10.3% | |
| Total Expenditure | $11,008,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $19,278
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 571 | $9,010,000 | $11,008,000 | $4,804,000 | $3,033,000 | $8,175,000 |
| FY 2023 | 568 | $8,386,000 | $9,982,000 | $4,429,000 | $2,162,000 | $9,256,000 |
| FY 2022 | 581 | $8,212,000 | $8,472,000 | $4,386,000 | $910,000 | $9,856,000 |
| FY 2021 | 563 | $7,673,000 | $7,283,000 | $3,838,000 | $528,000 | $5,188,000 |
| FY 2020 | 577 | $7,353,000 | $7,008,000 | $3,741,000 | $657,000 | $5,652,000 |