Lake Benton School District 404
Lincoln County, Minnesota

Displayed below are the facts and figures for the Lake Benton School District 404 collected for the year 2012.

This school district oversees the following schools:

District Facts

Fall Enrollment 102 pupils
State Minnesota
County Lincoln County
Core-Based Statistical Area (CBSA) N/A
Combined Statistical Area (CSA) N/A

Total Revenue

All amounts are expressed in thousands of dollars.
Total Elementary-Secondary Revenue $2,041
Total Revenue from Federal Sources $92
Compensatory (Title I) $33
Children with disabilities $0
Child Nutrition Act $31
All other federal aid $28
Total Revenue from State Sources $1,227
General formula assistance $1,021
Special education programs $112
Transportation programs $0
All other state revenue $94
Total Revenue from Local Sources $722
All taxes $616
Property taxes $616
Parent government contributions $0
Revenue from cities and counties $18
Revenue from other school systems $26
Charges $47
Other local revenues $15

Total Expenditure

All amounts are expressed in thousands of dollars.
Total Elementary-Secondary Expenditure $2,066
Total Current Spending $1,716
Total salaries and wages $816
Total employee benefit payments $224
Total Current Spending for Instruction $1,070
Salaries and wages for instruction $537
Employee benefits for instruction $143
Total Current Spending for Support Services $514
Pupil support $5
Instructional staff support $11
General administration $61
School administration $120
Other and nonspecified $317
Other Current Spending $132
Total Capital Outlay Expenditure $111
Payments to Other Governments $72
Interest on School System Indebtedness $167
Long-term debt outstanding at end of the fiscal year $3,925
Long-term debt issued during the fiscal year $0
Long-term debt retired during the fiscal year $170

Total Revenue (percent)

Total Elementary-Secondary Revenue 100.0%
Total Revenue from Federal Sources 4.5%
Compensatory (Title I) 1.6%
Total Revenue from State Sources 60.1%
General formula assistance 50.0%
Total Revenue from Local Sources 35.4%
Taxes and parent government contributions 30.2%
Revenue from other local governments 2.2%
Charges 2.3%

Total Spending (per pupil)

Total Elementary-Secondary Spending (per pupil) $16,216
Per-pupil salaries and wages $8,000
Per-pupil employee benefit payments $2,196
Per-pupil Current Spending for Instruction $10,490
Salaries and wages $5,265
Employee benefits $1,402
Per-pupil Current Spending for Support Services $5,265
Pupil support $49
Instructional staff support $108
General administration $598
School administration $1,176