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NJ Regular Public School District 1 Schools

Boonton Township School District

Boonton Township, NJ 07005 • Morris County • 1 Operating Schools
(973) 334-4162
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 414 students
Census F-33 • FY 2024
Total Revenue
$18,267,000
Total Expenditure
$18,322,000
Classroom Instruction
$8,312,000
Outstanding Debt
$0

Revenue Sources

State Government Funds: $3,289,000 (18%) Local Taxes & Fees: $14,805,000 (81%) Federal Aid: $173,000 (0.9%)
State Government Funds $3,289,000 18%
Local Taxes & Fees $14,805,000 81%
Federal Aid $173,000 0.9%
Total Revenue $18,267,000 100.0%

Expenditure Allocation

Classroom Instruction: $8,312,000 (45.4%) Support Services: $4,139,000 (22.6%) Capital Outlays: $1,050,000 (5.7%) Other / Operations: $4,821,000 (26.3%)
Classroom Instruction $8,312,000 45.4%
Support Services $4,139,000 22.6%
Capital Outlays $1,050,000 5.7%
Other / Operations $4,821,000 26.3%
Total Expenditure $18,322,000 100.0%

Financial Comparison & Trends Chart

$0$13,250$26,500$39,750$53,000FY 2020 Revenue/Student: $39,854$39,854FY 2020 Expenditure/Student: $38,970$38,970FY 2020405 stdsFY 2021 Revenue/Student: $43,519$43,519FY 2021 Expenditure/Student: $40,667$40,667FY 2021387 stdsFY 2022 Revenue/Student: $43,895$43,895FY 2022 Expenditure/Student: $42,642$42,642FY 2022399 stdsFY 2023 Revenue/Student: $45,825$45,825FY 2023 Expenditure/Student: $45,094$45,094FY 2023394 stdsFY 2024 Revenue/Student: $44,123$44,123FY 2024 Expenditure/Student: $44,256$44,256FY 2024414 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $45,825

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 414 $18,267,000 $18,322,000 $8,312,000 $1,050,000 $0
FY 2023 394 $18,055,000 $17,767,000 $8,273,000 $1,007,000 $0
FY 2022 399 $17,514,000 $17,014,000 $8,341,000 $156,000 $0
FY 2021 387 $16,842,000 $15,738,000 $7,623,000 $54,000 $0
FY 2020 405 $16,141,000 $15,783,000 $6,982,000 $90,000 $0