NJ
Regular Public School District
2 Schools
Andover Regional School District
Newton, NJ 07860
•
Sussex County
•
2 Operating Schools
(973) 315-5255
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 449 students
Total Revenue
$22,441,000
Total Expenditure
$20,382,000
Classroom Instruction
$8,074,000
Outstanding Debt
$2,490,000
Revenue Sources
| State Government Funds | $4,784,000 | 21.3% | |
| Local Taxes & Fees | $16,922,000 | 75.4% | |
| Federal Aid | $735,000 | 3.3% | |
| Total Revenue | $22,441,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $8,074,000 | 39.6% | |
| Support Services | $7,955,000 | 39% | |
| Capital Outlays | $80,000 | 0.4% | |
| Other / Operations | $4,273,000 | 21% | |
| Total Expenditure | $20,382,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $50,156
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 449 | $22,441,000 | $20,382,000 | $8,074,000 | $80,000 | $2,490,000 |
| FY 2023 | 429 | $21,517,000 | $21,421,000 | $7,727,000 | $1,825,000 | $3,365,000 |
| FY 2022 | 416 | $20,282,000 | $18,287,000 | $7,513,000 | $839,000 | $4,210,000 |
| FY 2021 | 438 | $19,333,000 | $17,408,000 | $6,790,000 | $489,000 | $4,935,000 |
| FY 2020 | 452 | $19,108,000 | $17,407,000 | $6,315,000 | $606,000 | $5,720,000 |