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NJ Regular Public School District 3 Schools

Boonton Town Public School District

Boonton, NJ 07005 • Morris County • 3 Operating Schools
(973) 335-9700
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,555 students
Census F-33 • FY 2024
Total Revenue
$46,769,000
Total Expenditure
$46,418,000
Classroom Instruction
$27,037,000
Outstanding Debt
$12,445,000

Revenue Sources

State Government Funds: $15,154,000 (32.4%) Local Taxes & Fees: $29,698,000 (63.5%) Federal Aid: $1,917,000 (4.1%)
State Government Funds $15,154,000 32.4%
Local Taxes & Fees $29,698,000 63.5%
Federal Aid $1,917,000 4.1%
Total Revenue $46,769,000 100.0%

Expenditure Allocation

Classroom Instruction: $27,037,000 (58.2%) Support Services: $15,673,000 (33.8%) Capital Outlays: $699,000 (1.5%) Other / Operations: $3,009,000 (6.5%)
Classroom Instruction $27,037,000 58.2%
Support Services $15,673,000 33.8%
Capital Outlays $699,000 1.5%
Other / Operations $3,009,000 6.5%
Total Expenditure $46,418,000 100.0%

Financial Comparison & Trends Chart

$0$9,000$18,000$27,000$36,000FY 2020 Revenue/Student: $25,334$25,334FY 2020 Expenditure/Student: $24,130$24,130FY 20201,482 stdsFY 2021 Revenue/Student: $27,338$27,338FY 2021 Expenditure/Student: $26,311$26,311FY 20211,457 stdsFY 2022 Revenue/Student: $30,058$30,058FY 2022 Expenditure/Student: $28,957$28,957FY 20221,473 stdsFY 2023 Revenue/Student: $30,671$30,671FY 2023 Expenditure/Student: $29,799$29,799FY 20231,522 stdsFY 2024 Revenue/Student: $30,077$30,077FY 2024 Expenditure/Student: $29,851$29,851FY 20241,555 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $30,671

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,555 $46,769,000 $46,418,000 $27,037,000 $699,000 $12,445,000
FY 2023 1,522 $46,682,000 $45,354,000 $26,301,000 $539,000 $13,390,000
FY 2022 1,473 $44,276,000 $42,654,000 $24,779,000 $763,000 $14,310,000
FY 2021 1,457 $39,832,000 $38,335,000 $21,656,000 $1,370,000 $15,205,000
FY 2020 1,482 $37,545,000 $35,760,000 $19,860,000 $940,000 $16,080,000