NJ
Regular Public School District
4 Schools
Mountain Lakes Public School District
Mt Lakes, NJ 07046
•
Morris County
•
4 Operating Schools
(973) 334-8280
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 1,249 students
Total Revenue
$55,647,000
Total Expenditure
$52,634,000
Classroom Instruction
$32,620,000
Outstanding Debt
$18,155,000
Revenue Sources
| State Government Funds | $11,811,000 | 21.2% | |
| Local Taxes & Fees | $43,286,000 | 77.8% | |
| Federal Aid | $550,000 | 1% | |
| Total Revenue | $55,647,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $32,620,000 | 62% | |
| Support Services | $16,458,000 | 31.3% | |
| Capital Outlays | $1,493,000 | 2.8% | |
| Other / Operations | $2,063,000 | 3.9% | |
| Total Expenditure | $52,634,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $44,553
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 1,249 | $55,647,000 | $52,634,000 | $32,620,000 | $1,493,000 | $18,155,000 |
| FY 2023 | 1,308 | $53,174,000 | $50,048,000 | $30,920,000 | $1,614,000 | $19,455,000 |
| FY 2022 | 1,318 | $50,928,000 | $50,876,000 | $30,653,000 | $2,938,000 | $20,840,000 |
| FY 2021 | 1,348 | $47,891,000 | $51,187,000 | $30,105,000 | $5,556,000 | $22,206,000 |
| FY 2020 | 1,379 | $45,052,000 | $51,646,000 | $28,326,000 | $7,776,000 | $23,161,000 |