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MN Regular Public School District 2 Schools

VERNDALE PUBLIC SCHOOL DISTRICT

VERNDALE, MN 56481 • Wadena County • 2 Operating Schools
(218) 445-5184
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 509 students
Census F-33 • FY 2024
Total Revenue
$8,838,000
Total Expenditure
$8,942,000
Classroom Instruction
$4,680,000
Outstanding Debt
$6,484,000

Revenue Sources

State Government Funds: $6,877,000 (77.8%) Local Taxes & Fees: $1,377,000 (15.6%) Federal Aid: $584,000 (6.6%)
State Government Funds $6,877,000 77.8%
Local Taxes & Fees $1,377,000 15.6%
Federal Aid $584,000 6.6%
Total Revenue $8,838,000 100.0%

Expenditure Allocation

Classroom Instruction: $4,680,000 (52.3%) Support Services: $2,331,000 (26.1%) Capital Outlays: $524,000 (5.9%) Other / Operations: $1,407,000 (15.7%)
Classroom Instruction $4,680,000 52.3%
Support Services $2,331,000 26.1%
Capital Outlays $524,000 5.9%
Other / Operations $1,407,000 15.7%
Total Expenditure $8,942,000 100.0%

Financial Comparison & Trends Chart

$0$6,750$13,500$20,250$27,000FY 2020 Revenue/Student: $13,473$13,473FY 2020 Expenditure/Student: $12,645$12,645FY 2020569 stdsFY 2021 Revenue/Student: $14,641$14,641FY 2021 Expenditure/Student: $15,053$15,053FY 2021513 stdsFY 2022 Revenue/Student: $14,636$14,636FY 2022 Expenditure/Student: $16,284$16,284FY 2022525 stdsFY 2023 Revenue/Student: $16,315$16,315FY 2023 Expenditure/Student: $23,061$23,061FY 2023508 stdsFY 2024 Revenue/Student: $17,363$17,363FY 2024 Expenditure/Student: $17,568$17,568FY 2024509 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $23,061

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 509 $8,838,000 $8,942,000 $4,680,000 $524,000 $6,484,000
FY 2023 508 $8,288,000 $11,715,000 $4,383,000 $3,810,000 $7,004,000
FY 2022 525 $7,684,000 $8,549,000 $4,134,000 $1,155,000 $7,378,000
FY 2021 513 $7,511,000 $7,722,000 $3,884,000 $841,000 $3,980,000
FY 2020 569 $7,666,000 $7,195,000 $3,946,000 $273,000 $4,250,000