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NJ Regular Public School District 2 Schools

Lincoln Park School District

Lincoln Park, NJ 07035 • Morris County • 2 Operating Schools
(973) 696-5500
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 900 students
Census F-33 • FY 2024
Total Revenue
$32,173,000
Total Expenditure
$33,399,000
Classroom Instruction
$15,385,000
Outstanding Debt
$9,875,000

Revenue Sources

State Government Funds: $6,810,000 (21.2%) Local Taxes & Fees: $24,371,000 (75.7%) Federal Aid: $992,000 (3.1%)
State Government Funds $6,810,000 21.2%
Local Taxes & Fees $24,371,000 75.7%
Federal Aid $992,000 3.1%
Total Revenue $32,173,000 100.0%

Expenditure Allocation

Classroom Instruction: $15,385,000 (46.1%) Support Services: $9,238,000 (27.7%) Capital Outlays: $1,207,000 (3.6%) Other / Operations: $7,569,000 (22.7%)
Classroom Instruction $15,385,000 46.1%
Support Services $9,238,000 27.7%
Capital Outlays $1,207,000 3.6%
Other / Operations $7,569,000 22.7%
Total Expenditure $33,399,000 100.0%

Financial Comparison & Trends Chart

$0$10,750$21,500$32,250$43,000FY 2020 Revenue/Student: $27,733$27,733FY 2020 Expenditure/Student: $27,068$27,068FY 2020917 stdsFY 2021 Revenue/Student: $30,500$30,500FY 2021 Expenditure/Student: $30,050$30,050FY 2021878 stdsFY 2022 Revenue/Student: $32,805$32,805FY 2022 Expenditure/Student: $33,806$33,806FY 2022885 stdsFY 2023 Revenue/Student: $34,226$34,226FY 2023 Expenditure/Student: $35,478$35,478FY 2023885 stdsFY 2024 Revenue/Student: $35,748$35,748FY 2024 Expenditure/Student: $37,110$37,110FY 2024900 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $37,110

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 900 $32,173,000 $33,399,000 $15,385,000 $1,207,000 $9,875,000
FY 2023 885 $30,290,000 $31,398,000 $14,173,000 $1,527,000 $10,211,000
FY 2022 885 $29,032,000 $29,918,000 $13,316,000 $587,000 $190,000
FY 2021 878 $26,779,000 $26,384,000 $11,612,000 $114,000 $375,000
FY 2020 917 $25,431,000 $24,821,000 $10,814,000 $93,000 $550,000