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NJ Regular Public School District 5 Schools

Elmwood Park School District

Elmwood Park, NJ 07407 • Bergen County • 5 Operating Schools
(201) 796-8700
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 2,641 students
Census F-33 • FY 2024
Total Revenue
$82,166,000
Total Expenditure
$65,698,000
Classroom Instruction
$34,243,000
Outstanding Debt
$15,305,000

Revenue Sources

State Government Funds: $36,839,000 (44.8%) Local Taxes & Fees: $40,309,000 (49.1%) Federal Aid: $5,018,000 (6.1%)
State Government Funds $36,839,000 44.8%
Local Taxes & Fees $40,309,000 49.1%
Federal Aid $5,018,000 6.1%
Total Revenue $82,166,000 100.0%

Expenditure Allocation

Classroom Instruction: $34,243,000 (52.1%) Support Services: $22,291,000 (33.9%) Capital Outlays: $1,143,000 (1.7%) Other / Operations: $8,021,000 (12.2%)
Classroom Instruction $34,243,000 52.1%
Support Services $22,291,000 33.9%
Capital Outlays $1,143,000 1.7%
Other / Operations $8,021,000 12.2%
Total Expenditure $65,698,000 100.0%

Financial Comparison & Trends Chart

$0$9,000$18,000$27,000$36,000FY 2020 Revenue/Student: $20,930$20,930FY 2020 Expenditure/Student: $18,830$18,830FY 20202,653 stdsFY 2021 Revenue/Student: $23,073$23,073FY 2021 Expenditure/Student: $19,626$19,626FY 20212,586 stdsFY 2022 Revenue/Student: $25,771$25,771FY 2022 Expenditure/Student: $22,237$22,237FY 20222,550 stdsFY 2023 Revenue/Student: $27,711$27,711FY 2023 Expenditure/Student: $24,310$24,310FY 20232,587 stdsFY 2024 Revenue/Student: $31,112$31,112FY 2024 Expenditure/Student: $24,876$24,876FY 20242,641 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $31,112

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 2,641 $82,166,000 $65,698,000 $34,243,000 $1,143,000 $15,305,000
FY 2023 2,587 $71,688,000 $62,890,000 $33,051,000 $1,660,000 $9,375,000
FY 2022 2,550 $65,717,000 $56,704,000 $28,103,000 $2,295,000 $19,770,000
FY 2021 2,586 $59,667,000 $50,754,000 $25,159,000 $1,126,000 $21,485,000
FY 2020 2,653 $55,526,000 $49,956,000 $23,918,000 $913,000 $23,125,000