Where does school revenue come from?
Referendum revenue, approved by New Ulm voters in 2012, is now $1.8 million each year, or 5.9% of the district’s budget.
Most of the rest of the district’s funding comes from the state of Minnesota - some comes from the federal government. Unfortunately, state funding has not kept pace with inflationary increases in educational costs. If state revenue had kept pace with inflation, it’s estimated that state revenue per pupil would be $8,126 this year, $1,263 more than the actual figure.