NJ
Regular Public School District
6 Schools
Mount Olive Township School District
Flanders, NJ 07836
•
Morris County
•
6 Operating Schools
(973) 691-4000
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 4,824 students
Total Revenue
$146,532,000
Total Expenditure
$138,739,000
Classroom Instruction
$73,678,000
Outstanding Debt
$9,900,000
Revenue Sources
| State Government Funds | $59,511,000 | 40.6% | |
| Local Taxes & Fees | $83,378,000 | 56.9% | |
| Federal Aid | $3,643,000 | 2.5% | |
| Total Revenue | $146,532,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $73,678,000 | 53.1% | |
| Support Services | $56,790,000 | 40.9% | |
| Capital Outlays | $3,752,000 | 2.7% | |
| Other / Operations | $4,519,000 | 3.3% | |
| Total Expenditure | $138,739,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $30,376
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 4,824 | $146,532,000 | $138,739,000 | $73,678,000 | $3,752,000 | $9,900,000 |
| FY 2023 | 4,752 | $135,809,000 | $128,797,000 | $69,911,000 | $4,143,000 | $11,355,000 |
| FY 2022 | 4,583 | $127,653,000 | $121,788,000 | $64,574,000 | $4,304,000 | $15,190,000 |
| FY 2021 | 4,638 | $114,285,000 | $107,637,000 | $57,725,000 | $2,623,000 | $18,850,000 |
| FY 2020 | 4,692 | $107,983,000 | $103,114,000 | $53,419,000 | $4,347,000 | $22,570,000 |