NJ
Regular Public School District
2 Schools
Garwood Boro
Garwood, NJ 07027
•
Union County
•
2 Operating Schools
(908) 789-0331
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 351 students
Total Revenue
$13,053,000
Total Expenditure
$12,555,000
Classroom Instruction
$5,713,000
Outstanding Debt
$3,805,000
Revenue Sources
| State Government Funds | $2,527,000 | 19.4% | |
| Local Taxes & Fees | $9,974,000 | 76.4% | |
| Federal Aid | $552,000 | 4.2% | |
| Total Revenue | $13,053,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $5,713,000 | 45.5% | |
| Support Services | $3,264,000 | 26% | |
| Capital Outlays | $54,000 | 0.4% | |
| Other / Operations | $3,524,000 | 28.1% | |
| Total Expenditure | $12,555,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $37,188
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 351 | $13,053,000 | $12,555,000 | $5,713,000 | $54,000 | $3,805,000 |
| FY 2023 | 360 | $11,824,000 | $11,802,000 | $5,251,000 | $174,000 | $4,120,000 |
| FY 2022 | 356 | $11,670,000 | $11,197,000 | $5,029,000 | $254,000 | $4,480,000 |
| FY 2021 | 348 | $10,913,000 | $10,643,000 | $4,759,000 | $74,000 | $5,240,000 |
| FY 2020 | 363 | $10,351,000 | $10,859,000 | $4,810,000 | $574,000 | $5,570,000 |