NJ
Regular Public School District
7 Schools
Montville Township School District
Montville, NJ 07045
•
Morris County
•
7 Operating Schools
(973) 331-7100
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 3,472 students
Total Revenue
$114,900,000
Total Expenditure
$114,446,000
Classroom Instruction
$65,794,000
Outstanding Debt
$14,000,000
Revenue Sources
| State Government Funds | $28,748,000 | 25% | |
| Local Taxes & Fees | $84,353,000 | 73.4% | |
| Federal Aid | $1,799,000 | 1.6% | |
| Total Revenue | $114,900,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $65,794,000 | 57.5% | |
| Support Services | $41,325,000 | 36.1% | |
| Capital Outlays | $2,682,000 | 2.3% | |
| Other / Operations | $4,645,000 | 4.1% | |
| Total Expenditure | $114,446,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $33,093
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 3,472 | $114,900,000 | $114,446,000 | $65,794,000 | $2,682,000 | $14,000,000 |
| FY 2023 | 3,469 | $111,358,000 | $110,921,000 | $63,541,000 | $5,846,000 | $15,000,000 |
| FY 2022 | 3,412 | $108,879,000 | $103,254,000 | $62,311,000 | $1,853,000 | $16,500,000 |
| FY 2021 | 3,439 | $99,392,000 | $99,244,000 | $57,099,000 | $6,516,000 | $18,570,000 |
| FY 2020 | 3,565 | $95,139,000 | $95,868,000 | $54,008,000 | $7,155,000 | $20,545,000 |