2011-21 Financial Statement Trends

Revenue, expense, and other data trends taken from district’s annual financial reports from the past 10 years.  Ratios related to revenue and expense per ADM and students per teacher also included.  Finally, compound annual growth rates calculated for revenue and expense levels of 2020-21 school year versus 5 years ago and 10 years ago.

2011-21 Various Financial Analysis Stats & Charts

Graphs showing district net asset changes, gross and net capital assets growth, general fund reserve adequacy trend, revenue and expenditures per ADM trend, ADM per teacher trend, and PLSAS approximate headcount by category trend.

2017-21 Actual Enrollment vs 2017 Referendum Enrollment Forecast

Reflects a comparison of what the district forecasted for enrollment during the 2017 referendum push versus actual enrollment levels through 2021 by year.

2019-20 General Fund Revenue and Expenditures per ADM Benchmarking Statistics

These files contain General Fund Revenues, Expenditures and per ADM stats for the most recent period reported on the Minnesota Department of Education (MDE) website (2019-2020 Fiscal Year).  Prior Lake-Savage Area Schools General Fund financial data is compared to the following:  (1) 10 schools of similar enrollment size in the state (~8K-9K students); (2) all districts operating in Scott County; and (3) all school districts in the state.  There is an additional file that reflects special education funding versus special education expenditures as reported by each of the school districts in the benchmark groups – to show the funding shortfalls that districts are realizing related to special education (this assumes that the school districts properly categorize revenue and expense appropriately to special education).

PLSAS Covid Funding – Updated September 2021

Table showing Covid funds used by the district and what remains to be spent – this document was prepared by the district.