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NJ Regular Public School District 3 Schools

East Hanover Township School District

East Hanover, NJ 07936 • Morris County • 3 Operating Schools
(973) 887-2112
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,003 students
Census F-33 • FY 2024
Total Revenue
$32,730,000
Total Expenditure
$37,046,000
Classroom Instruction
$17,271,000
Outstanding Debt
$11,610,000

Revenue Sources

State Government Funds: $7,110,000 (21.7%) Local Taxes & Fees: $24,978,000 (76.3%) Federal Aid: $642,000 (2%)
State Government Funds $7,110,000 21.7%
Local Taxes & Fees $24,978,000 76.3%
Federal Aid $642,000 2%
Total Revenue $32,730,000 100.0%

Expenditure Allocation

Classroom Instruction: $17,271,000 (46.6%) Support Services: $10,208,000 (27.6%) Capital Outlays: $7,004,000 (18.9%) Other / Operations: $2,563,000 (6.9%)
Classroom Instruction $17,271,000 46.6%
Support Services $10,208,000 27.6%
Capital Outlays $7,004,000 18.9%
Other / Operations $2,563,000 6.9%
Total Expenditure $37,046,000 100.0%

Financial Comparison & Trends Chart

$0$10,750$21,500$32,250$43,000FY 2020 Revenue/Student: $27,831$27,831FY 2020 Expenditure/Student: $26,906$26,906FY 2020929 stdsFY 2021 Revenue/Student: $30,079$30,079FY 2021 Expenditure/Student: $27,507$27,507FY 2021902 stdsFY 2022 Revenue/Student: $32,516$32,516FY 2022 Expenditure/Student: $30,222$30,222FY 2022922 stdsFY 2023 Revenue/Student: $31,100$31,100FY 2023 Expenditure/Student: $30,271$30,271FY 2023972 stdsFY 2024 Revenue/Student: $32,632$32,632FY 2024 Expenditure/Student: $36,935$36,935FY 20241,003 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $36,935

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,003 $32,730,000 $37,046,000 $17,271,000 $7,004,000 $11,610,000
FY 2023 972 $30,229,000 $29,423,000 $15,814,000 $1,746,000 $12,013,000
FY 2022 922 $29,980,000 $27,865,000 $16,375,000 $583,000 $555,000
FY 2021 902 $27,131,000 $24,811,000 $14,135,000 $267,000 $1,120,000
FY 2020 929 $25,855,000 $24,996,000 $13,800,000 $887,000 $1,695,000