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    October 30, 2024
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Fund Balances FY 2024 Actual Revenues and Transfers In FY 2024 Actual Expenditures and Transfers Out m DEPARTMENT OF EDUCATION Division of School Finance 400 NE Stinson Blvd. Minneapolis, MN 55413 District Revenues and Expenditures Budget for Fiscal Year (FY) 2024 and FY 2025 General Information: Minnesota Statutes 2023, section 123B.10, requires that every school board shall publish the subject data of this report. District Name: Mountain Lake Public School Fund FY 2024 Beginning FY 2025 Budget Revenues and Transfers In District Number: FY 2025 Budget Expenditures and Transfers Out ED-00110-47 0173 June 30, 2025 Projected Fund Balances June 30, 2024 Actual Fund Balances General Fund/Restricted $ 28,745 $ 1,467,432 $ 1,196,483 $ 299,694 $ 1,457,298 $ 1,034,063 $ 722,929 General Fund/Other $ 299,677 $ 7,263,891 $ 6,972,016 $ 591,552 $ 7,827,468 $ 8,032,585 $ 386,435 Food Service Fund $ 149,845 $ 601,738 $ 579,509 $ 172,074 $ 543,633 $ 547,348 $ 168,359 Community Service Fund $ 102,696 $ 510,974 $ 537,702 $ 75,968 $ 467,007 $ 407,425 $ 135,550 Building Construction Fund $ $ $ $ $ $ $ Debt Service Fund $ 9,742,485 $ Trust Fund $ $ 1,798,940 $ -$ 1,376,730 $ $ 10,164,695 $ 1,277,270 $ $ -$ 1,216,448 $ $ 10,225,517 Internal Service Fund $ $ $ OPEB Revocable Trust Fund $ $ $ $ $ $ $ OPEB Irrevocable Trust Fund $ -$ OPEB Debt Service Fund $ $ Total - All Funds $ 10,323,448 $ -$ $ 11,642,975 $ - $ -$ -$ $ -$ $ $ $ 10,662,440 $ 11,303,983 $ 11,237,869 $ 11,638,790 Long-Term Debt 1238.81 Outstanding July 1, 2023 $ 22,990,000 Current Statutory Operating Debt per Minnesota Statutes, section Amount of General Fund Deficit, if any, in excess of 2.5% of expenditures 06/30/2024 Plus: New Issues $ Less: Redemeed Issues $ 721,000 Cost per student - Average Daily Membership (ADM) 06/30/2024 Outstanding June 30, 2024 $ 22,269,000 Short-Term Debt Total Operating Expenditures $ 9,197,392.00 Certificates of Indebtedness FY 2024 Total ADM Served + Tuitioned Out ADM + Adjusted Extended $ 800,000.00 498.96 ADM $ FY 2024 Operating Cost per ADM $ 18,433.12 Other Short-Term Indebtedness The complete budget may be inspected upon request to the superintendent. Comments: *Other Post-Employment Benefits (OPEB) Fund Balances FY 2024 Actual Revenues and Transfers In FY 2024 Actual Expenditures and Transfers Out m DEPARTMENT OF EDUCATION Division of School Finance 400 NE Stinson Blvd. Minneapolis , MN 55413 District Revenues and Expenditures Budget for Fiscal Year ( FY ) 2024 and FY 2025 General Information : Minnesota Statutes 2023 , section 123B.10 , requires that every school board shall publish the subject data of this report . District Name : Mountain Lake Public School Fund FY 2024 Beginning FY 2025 Budget Revenues and Transfers In District Number : FY 2025 Budget Expenditures and Transfers Out ED - 00110-47 0173 June 30 , 2025 Projected Fund Balances June 30 , 2024 Actual Fund Balances General Fund / Restricted $ 28,745 $ 1,467,432 $ 1,196,483 $ 299,694 $ 1,457,298 $ 1,034,063 $ 722,929 General Fund / Other $ 299,677 $ 7,263,891 $ 6,972,016 $ 591,552 $ 7,827,468 $ 8,032,585 $ 386,435 Food Service Fund $ 149,845 $ 601,738 $ 579,509 $ 172,074 $ 543,633 $ 547,348 $ 168,359 Community Service Fund $ 102,696 $ 510,974 $ 537,702 $ 75,968 $ 467,007 $ 407,425 $ 135,550 Building Construction Fund $ $ $ $ $ $ $ Debt Service Fund $ 9,742,485 $ Trust Fund $ $ 1,798,940 $ - $ 1,376,730 $ $ 10,164,695 $ 1,277,270 $ $ - $ 1,216,448 $ $ 10,225,517 Internal Service Fund $ $ $ OPEB Revocable Trust Fund $ $ $ $ $ $ $ OPEB Irrevocable Trust Fund $ - $ OPEB Debt Service Fund $ $ Total - All Funds $ 10,323,448 $ - $ $ 11,642,975 $ - $ - $ - $ $ - $ $ $ $ 10,662,440 $ 11,303,983 $ 11,237,869 $ 11,638,790 Long - Term Debt 1238.81 Outstanding July 1 , 2023 $ 22,990,000 Current Statutory Operating Debt per Minnesota Statutes , section Amount of General Fund Deficit , if any , in excess of 2.5 % of expenditures 06/30/2024 Plus : New Issues $ Less : Redemeed Issues $ 721,000 Cost per student - Average Daily Membership ( ADM ) 06/30/2024 Outstanding June 30 , 2024 $ 22,269,000 Short - Term Debt Total Operating Expenditures $ 9,197,392.00 Certificates of Indebtedness FY 2024 Total ADM Served + Tuitioned Out ADM + Adjusted Extended $ 800,000.00 498.96 ADM $ FY 2024 Operating Cost per ADM $ 18,433.12 Other Short - Term Indebtedness The complete budget may be inspected upon request to the superintendent . Comments : * Other Post - Employment Benefits ( OPEB )