NJ
Regular Public School District
10 Schools
Morris School District
MORRISTOWN, NJ 07960
•
Morris County
•
10 Operating Schools
(973) 292-2300
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 5,708 students
Total Revenue
$170,409,000
Total Expenditure
$172,128,000
Classroom Instruction
$88,516,000
Outstanding Debt
$0
Revenue Sources
| State Government Funds | $49,254,000 | 28.9% | |
| Local Taxes & Fees | $113,325,000 | 66.5% | |
| Federal Aid | $7,830,000 | 4.6% | |
| Total Revenue | $170,409,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $88,516,000 | 51.4% | |
| Support Services | $60,530,000 | 35.2% | |
| Capital Outlays | $6,442,000 | 3.7% | |
| Other / Operations | $16,640,000 | 9.7% | |
| Total Expenditure | $172,128,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $30,156
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 5,708 | $170,409,000 | $172,128,000 | $88,516,000 | $6,442,000 | $0 |
| FY 2023 | 5,682 | $164,645,000 | $169,657,000 | $85,324,000 | $10,360,000 | $0 |
| FY 2022 | 5,512 | $161,736,000 | $155,670,000 | $83,695,000 | $4,718,000 | $0 |
| FY 2021 | 5,477 | $147,890,000 | $140,728,000 | $77,211,000 | $3,185,000 | $0 |
| FY 2020 | 5,492 | $135,710,000 | $134,418,000 | $72,016,000 | $3,524,000 | $0 |