NJ
Regular Public School District
6 Schools
Hopewell Valley Regional School District
Pennington, NJ 08534
•
Mercer County
•
6 Operating Schools
(609) 737-4000
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 3,432 students
Total Revenue
$122,270,000
Total Expenditure
$118,106,000
Classroom Instruction
$70,353,000
Outstanding Debt
$27,795,000
Revenue Sources
| State Government Funds | $29,223,000 | 23.9% | |
| Local Taxes & Fees | $91,345,000 | 74.7% | |
| Federal Aid | $1,702,000 | 1.4% | |
| Total Revenue | $122,270,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $70,353,000 | 59.6% | |
| Support Services | $41,387,000 | 35% | |
| Capital Outlays | $2,631,000 | 2.2% | |
| Other / Operations | $3,735,000 | 3.2% | |
| Total Expenditure | $118,106,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $35,626
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 3,432 | $122,270,000 | $118,106,000 | $70,353,000 | $2,631,000 | $27,795,000 |
| FY 2023 | 3,474 | $116,158,000 | $115,770,000 | $70,126,000 | $2,584,000 | $30,865,000 |
| FY 2022 | 3,451 | $113,005,000 | $109,939,000 | $66,663,000 | $3,407,000 | $33,855,000 |
| FY 2021 | 3,432 | $105,869,000 | $98,582,000 | $60,707,000 | $2,531,000 | $38,295,000 |
| FY 2020 | 3,467 | $101,803,000 | $97,591,000 | $57,603,000 | $3,862,000 | $42,475,000 |