NJ
Regular Public School District
2 Schools
Montvale Board of Education School District
Montvale, NJ 07645
•
Bergen County
•
2 Operating Schools
(201) 391-6226
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 988 students
Total Revenue
$31,388,000
Total Expenditure
$37,805,000
Classroom Instruction
$16,402,000
Outstanding Debt
$28,696,000
Revenue Sources
| State Government Funds | $8,327,000 | 26.5% | |
| Local Taxes & Fees | $21,834,000 | 69.6% | |
| Federal Aid | $1,227,000 | 3.9% | |
| Total Revenue | $31,388,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $16,402,000 | 43.4% | |
| Support Services | $8,207,000 | 21.7% | |
| Capital Outlays | $10,448,000 | 27.6% | |
| Other / Operations | $2,748,000 | 7.3% | |
| Total Expenditure | $37,805,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $38,264
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 988 | $31,388,000 | $37,805,000 | $16,402,000 | $10,448,000 | $28,696,000 |
| FY 2023 | 960 | $27,848,000 | $30,916,000 | $15,892,000 | $4,775,000 | $30,010,000 |
| FY 2022 | 954 | $24,617,000 | $23,049,000 | $13,941,000 | $521,000 | $30,160,000 |
| FY 2021 | 947 | $22,875,000 | $21,895,000 | $13,246,000 | $506,000 | $891,000 |
| FY 2020 | 997 | $21,754,000 | $20,818,000 | $12,241,000 | $344,000 | $1,424,000 |