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: Fund Windom Area Schools FY 2024 Beginning Fund Balances District Number: FY 2025 Budget Expenditures and Transfers Out ED-00110-47 0177 June 30, 2025 Projected Fund Balances June 30, 2024 Actual Fund Balances FY 2025 Budget Revenues and Transfers In General Fund/Restricted $ 2,731,617 $ 3,268,310 $ 2,971,862 $ General Fund/Other $ 3,112,756 $ 16,435,016 $ 14,746,541 $ 3,028,065 $ 4,801,231 $ 3,845,572 $ 4,084,990 $ 2,788,647 15,802,516 $ 15,782,274 $ 4,821,473 Food Service Fund $ 239,533 $ 1,227,513 $ 1,153,139 $ 313,907 $ 1,196,520 $ 1,232,042 $ 278,385 Community Service Fund $ 182,743 $ 456,115 $ 385,875 $ 252,983 $ Building Construction Fund $ 149,992 $ 1,949 $ 151,941 $ $ 490,577 $ $ 444,819 $ 298,741 $ Debt Service Fund $ 495,225 $ 2,347,076 $ 2,311,700 $ Trust Fund $ 10,785 $ 9,430 $ 11,250 $ 530,601 $ 8,965 $ 2,295,860 $ 6,802 $ 2,264,763 $ 9,000 $ 561,698 6,767 Internal Service Fund $ $ $ - OPEB Revocable Trust Fund $ - $ - $ $ $ - $ $ OPEB Irrevocable Trust Fund $ $ OPEB Debt Service Fund $ $ $ $ - $ $ $ $ $ $ $ $ Total All Funds $ 6,922,651 $ 23,745,409 $ 21,732,308 $ Long-Term Debt 123B.81 Outstanding July 1, 2023 $ 26,840,704 23,637,847 $ 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 8,935,752 $ 23,817,888 $ 8,755,711 $0 Plus: New Issues $ Less: Redemeed Issues $ 1,436,614 Cost per student - Average Daily Membership (ADM) 06/30/2024 Outstanding June 30, 2024 $ 25,404,090 Short-Term Debt Total Operating Expenditures $ 18,974,078 FY 2024 Total ADM Served + Tuitioned Out ADM + Adjusted Extended Certificates of Indebtedness NONE 1,178.50 ADM Other Short-Term Indebtedness The complete budget may be inspected upon request to the superintendent. Comments: NONE FY 2024 Operating Cost per ADM $ 16,100 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 : Fund Windom Area Schools FY 2024 Beginning Fund Balances District Number : FY 2025 Budget Expenditures and Transfers Out ED - 00110-47 0177 June 30 , 2025 Projected Fund Balances June 30 , 2024 Actual Fund Balances FY 2025 Budget Revenues and Transfers In General Fund / Restricted $ 2,731,617 $ 3,268,310 $ 2,971,862 $ General Fund / Other $ 3,112,756 $ 16,435,016 $ 14,746,541 $ 3,028,065 $ 4,801,231 $ 3,845,572 $ 4,084,990 $ 2,788,647 15,802,516 $ 15,782,274 $ 4,821,473 Food Service Fund $ 239,533 $ 1,227,513 $ 1,153,139 $ 313,907 $ 1,196,520 $ 1,232,042 $ 278,385 Community Service Fund $ 182,743 $ 456,115 $ 385,875 $ 252,983 $ Building Construction Fund $ 149,992 $ 1,949 $ 151,941 $ $ 490,577 $ $ 444,819 $ 298,741 $ Debt Service Fund $ 495,225 $ 2,347,076 $ 2,311,700 $ Trust Fund $ 10,785 $ 9,430 $ 11,250 $ 530,601 $ 8,965 $ 2,295,860 $ 6,802 $ 2,264,763 $ 9,000 $ 561,698 6,767 Internal Service Fund $ $ $ - OPEB Revocable Trust Fund $ - $ - $ $ $ - $ $ OPEB Irrevocable Trust Fund $ $ OPEB Debt Service Fund $ $ $ $ - $ $ $ $ $ $ $ $ Total All Funds $ 6,922,651 $ 23,745,409 $ 21,732,308 $ Long - Term Debt 123B.81 Outstanding July 1 , 2023 $ 26,840,704 23,637,847 $ 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 8,935,752 $ 23,817,888 $ 8,755,711 $ 0 Plus : New Issues $ Less : Redemeed Issues $ 1,436,614 Cost per student - Average Daily Membership ( ADM ) 06/30/2024 Outstanding June 30 , 2024 $ 25,404,090 Short - Term Debt Total Operating Expenditures $ 18,974,078 FY 2024 Total ADM Served + Tuitioned Out ADM + Adjusted Extended Certificates of Indebtedness NONE 1,178.50 ADM Other Short - Term Indebtedness The complete budget may be inspected upon request to the superintendent . Comments : NONE FY 2024 Operating Cost per ADM $ 16,100