NJ
Regular Public School District
4 Schools
Hanover Township School District
Whippany, NJ 07981
•
Morris County
•
4 Operating Schools
(973) 515-2407
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 1,235 students
Total Revenue
$39,682,000
Total Expenditure
$39,765,000
Classroom Instruction
$21,917,000
Outstanding Debt
$691,000
Revenue Sources
| State Government Funds | $8,793,000 | 22.2% | |
| Local Taxes & Fees | $30,357,000 | 76.5% | |
| Federal Aid | $532,000 | 1.3% | |
| Total Revenue | $39,682,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $21,917,000 | 55.1% | |
| Support Services | $15,120,000 | 38% | |
| Capital Outlays | $403,000 | 1% | |
| Other / Operations | $2,325,000 | 5.8% | |
| Total Expenditure | $39,765,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $32,198
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 1,235 | $39,682,000 | $39,765,000 | $21,917,000 | $403,000 | $691,000 |
| FY 2023 | 1,244 | $38,918,000 | $38,835,000 | $21,501,000 | $1,018,000 | $912,000 |
| FY 2022 | 1,260 | $37,870,000 | $36,846,000 | $20,774,000 | $509,000 | $1,128,000 |
| FY 2021 | 1,299 | $35,266,000 | $33,996,000 | $19,550,000 | $304,000 | $1,640,000 |
| FY 2020 | 1,362 | $34,076,000 | $33,272,000 | $18,448,000 | $414,000 | $2,147,000 |