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NJ Regular Public School District 3 Schools

Chester Township School District

Chester, NJ 07930 • Morris County • 3 Operating Schools
(908) 879-7373
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,028 students
Census F-33 • FY 2024
Total Revenue
$33,412,000
Total Expenditure
$31,992,000
Classroom Instruction
$16,893,000
Outstanding Debt
$11,055,000

Revenue Sources

State Government Funds: $8,013,000 (24%) Local Taxes & Fees: $24,725,000 (74%) Federal Aid: $674,000 (2%)
State Government Funds $8,013,000 24%
Local Taxes & Fees $24,725,000 74%
Federal Aid $674,000 2%
Total Revenue $33,412,000 100.0%

Expenditure Allocation

Classroom Instruction: $16,893,000 (52.8%) Support Services: $11,691,000 (36.5%) Capital Outlays: $584,000 (1.8%) Other / Operations: $2,824,000 (8.8%)
Classroom Instruction $16,893,000 52.8%
Support Services $11,691,000 36.5%
Capital Outlays $584,000 1.8%
Other / Operations $2,824,000 8.8%
Total Expenditure $31,992,000 100.0%

Financial Comparison & Trends Chart

$0$9,500$19,000$28,500$38,000FY 2020 Revenue/Student: $25,849$25,849FY 2020 Expenditure/Student: $25,524$25,524FY 20201,080 stdsFY 2021 Revenue/Student: $27,601$27,601FY 2021 Expenditure/Student: $26,114$26,114FY 20211,047 stdsFY 2022 Revenue/Student: $30,622$30,622FY 2022 Expenditure/Student: $29,322$29,322FY 20221,040 stdsFY 2023 Revenue/Student: $32,009$32,009FY 2023 Expenditure/Student: $30,767$30,767FY 20231,008 stdsFY 2024 Revenue/Student: $32,502$32,502FY 2024 Expenditure/Student: $31,121$31,121FY 20241,028 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $32,502

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,028 $33,412,000 $31,992,000 $16,893,000 $584,000 $11,055,000
FY 2023 1,008 $32,265,000 $31,013,000 $16,360,000 $745,000 $11,825,000
FY 2022 1,040 $31,847,000 $30,495,000 $16,394,000 $468,000 $12,560,000
FY 2021 1,047 $28,898,000 $27,341,000 $14,625,000 $383,000 $13,305,000
FY 2020 1,080 $27,917,000 $27,566,000 $13,746,000 $2,182,000 $14,025,000