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NJ Regular Public School District 7 Schools

Kearny

Kearny, NJ 07032 • Hudson County • 7 Operating Schools
(201) 955-5000
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 5,435 students
Census F-33 • FY 2024
Total Revenue
$172,775,000
Total Expenditure
$164,536,000
Classroom Instruction
$105,740,000
Outstanding Debt
$425,000

Revenue Sources

State Government Funds: $99,256,000 (57.4%) Local Taxes & Fees: $61,966,000 (35.9%) Federal Aid: $11,553,000 (6.7%)
State Government Funds $99,256,000 57.4%
Local Taxes & Fees $61,966,000 35.9%
Federal Aid $11,553,000 6.7%
Total Revenue $172,775,000 100.0%

Expenditure Allocation

Classroom Instruction: $105,740,000 (64.3%) Support Services: $47,052,000 (28.6%) Capital Outlays: $6,812,000 (4.1%) Other / Operations: $4,932,000 (3%)
Classroom Instruction $105,740,000 64.3%
Support Services $47,052,000 28.6%
Capital Outlays $6,812,000 4.1%
Other / Operations $4,932,000 3%
Total Expenditure $164,536,000 100.0%

Financial Comparison & Trends Chart

$0$9,250$18,500$27,750$37,000FY 2020 Revenue/Student: $22,496$22,496FY 2020 Expenditure/Student: $21,516$21,516FY 20205,394 stdsFY 2021 Revenue/Student: $24,459$24,459FY 2021 Expenditure/Student: $22,674$22,674FY 20215,251 stdsFY 2022 Revenue/Student: $28,842$28,842FY 2022 Expenditure/Student: $26,912$26,912FY 20225,142 stdsFY 2023 Revenue/Student: $29,507$29,507FY 2023 Expenditure/Student: $28,119$28,119FY 20235,438 stdsFY 2024 Revenue/Student: $31,789$31,789FY 2024 Expenditure/Student: $30,273$30,273FY 20245,435 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $31,789

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 5,435 $172,775,000 $164,536,000 $105,740,000 $6,812,000 $425,000
FY 2023 5,438 $160,461,000 $152,910,000 $103,076,000 $4,501,000 $630,000
FY 2022 5,142 $148,304,000 $138,381,000 $93,260,000 $1,123,000 $1,770,000
FY 2021 5,251 $128,432,000 $119,060,000 $81,157,000 $1,055,000 $2,910,000
FY 2020 5,394 $121,341,000 $116,059,000 $77,692,000 $1,637,000 $4,050,000