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NJ Regular Public School District 5 Schools

Glen Ridge Public School District

Glen Ridge, NJ 07028 • Essex County • 5 Operating Schools
(973) 429-8302
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,810 students
Census F-33 • FY 2024
Total Revenue
$50,951,000
Total Expenditure
$49,083,000
Classroom Instruction
$29,690,000
Outstanding Debt
$18,998,000

Revenue Sources

State Government Funds: $12,428,000 (24.4%) Local Taxes & Fees: $37,622,000 (73.8%) Federal Aid: $901,000 (1.8%)
State Government Funds $12,428,000 24.4%
Local Taxes & Fees $37,622,000 73.8%
Federal Aid $901,000 1.8%
Total Revenue $50,951,000 100.0%

Expenditure Allocation

Classroom Instruction: $29,690,000 (60.5%) Support Services: $15,836,000 (32.3%) Capital Outlays: $1,619,000 (3.3%) Other / Operations: $1,938,000 (3.9%)
Classroom Instruction $29,690,000 60.5%
Support Services $15,836,000 32.3%
Capital Outlays $1,619,000 3.3%
Other / Operations $1,938,000 3.9%
Total Expenditure $49,083,000 100.0%

Financial Comparison & Trends Chart

$0$8,250$16,500$24,750$33,000FY 2020 Revenue/Student: $21,931$21,931FY 2020 Expenditure/Student: $24,873$24,873FY 20201,880 stdsFY 2021 Revenue/Student: $23,472$23,472FY 2021 Expenditure/Student: $22,702$22,702FY 20211,842 stdsFY 2022 Revenue/Student: $26,010$26,010FY 2022 Expenditure/Student: $24,676$24,676FY 20221,840 stdsFY 2023 Revenue/Student: $27,417$27,417FY 2023 Expenditure/Student: $26,199$26,199FY 20231,833 stdsFY 2024 Revenue/Student: $28,150$28,150FY 2024 Expenditure/Student: $27,118$27,118FY 20241,810 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $28,150

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,810 $50,951,000 $49,083,000 $29,690,000 $1,619,000 $18,998,000
FY 2023 1,833 $50,255,000 $48,023,000 $29,799,000 $1,417,000 $20,358,000
FY 2022 1,840 $47,859,000 $45,403,000 $28,122,000 $653,000 $21,718,000
FY 2021 1,842 $43,235,000 $41,818,000 $24,767,000 $1,107,000 $23,043,000
FY 2020 1,880 $41,231,000 $46,761,000 $23,430,000 $8,026,000 $24,338,000