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MN Regular Public School District 2 Schools

WABASSO PUBLIC SCHOOL DISTRICT

WABASSO, MN 56293 • Redwood County • 2 Operating Schools
(507) 342-5114
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 418 students
Census F-33 • FY 2024
Total Revenue
$7,348,000
Total Expenditure
$6,792,000
Classroom Instruction
$3,359,000
Outstanding Debt
$7,478,000

Revenue Sources

State Government Funds: $5,372,000 (73.1%) Local Taxes & Fees: $1,594,000 (21.7%) Federal Aid: $382,000 (5.2%)
State Government Funds $5,372,000 73.1%
Local Taxes & Fees $1,594,000 21.7%
Federal Aid $382,000 5.2%
Total Revenue $7,348,000 100.0%

Expenditure Allocation

Classroom Instruction: $3,359,000 (49.5%) Support Services: $1,939,000 (28.5%) Capital Outlays: $520,000 (7.7%) Other / Operations: $974,000 (14.3%)
Classroom Instruction $3,359,000 49.5%
Support Services $1,939,000 28.5%
Capital Outlays $520,000 7.7%
Other / Operations $974,000 14.3%
Total Expenditure $6,792,000 100.0%

Financial Comparison & Trends Chart

$0$5,250$10,500$15,750$21,000FY 2020 Revenue/Student: $15,486$15,486FY 2020 Expenditure/Student: $14,261$14,261FY 2020422 stdsFY 2021 Revenue/Student: $15,797$15,797FY 2021 Expenditure/Student: $16,623$16,623FY 2021409 stdsFY 2022 Revenue/Student: $16,241$16,241FY 2022 Expenditure/Student: $15,850$15,850FY 2022399 stdsFY 2023 Revenue/Student: $17,036$17,036FY 2023 Expenditure/Student: $16,195$16,195FY 2023421 stdsFY 2024 Revenue/Student: $17,579$17,579FY 2024 Expenditure/Student: $16,249$16,249FY 2024418 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $17,579

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 418 $7,348,000 $6,792,000 $3,359,000 $520,000 $7,478,000
FY 2023 421 $7,172,000 $6,818,000 $3,154,000 $800,000 $7,761,000
FY 2022 399 $6,480,000 $6,324,000 $3,191,000 $305,000 $8,175,000
FY 2021 409 $6,461,000 $6,799,000 $2,968,000 $1,086,000 $8,583,000
FY 2020 422 $6,535,000 $6,018,000 $3,055,000 $503,000 $8,545,000