NJ
Regular Public School District
4 Schools
New Providence School District
New Providence, NJ 07974
•
Union County
•
4 Operating Schools
(908) 464-9050
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 2,352 students
Total Revenue
$62,584,000
Total Expenditure
$68,781,000
Classroom Instruction
$38,326,000
Outstanding Debt
$35,821,000
Revenue Sources
| State Government Funds | $14,948,000 | 23.9% | |
| Local Taxes & Fees | $46,604,000 | 74.5% | |
| Federal Aid | $1,032,000 | 1.6% | |
| Total Revenue | $62,584,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $38,326,000 | 55.7% | |
| Support Services | $17,914,000 | 26% | |
| Capital Outlays | $8,098,000 | 11.8% | |
| Other / Operations | $4,443,000 | 6.5% | |
| Total Expenditure | $68,781,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $29,244
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 2,352 | $62,584,000 | $68,781,000 | $38,326,000 | $8,098,000 | $35,821,000 |
| FY 2023 | 2,382 | $59,727,000 | $59,526,000 | $36,070,000 | $1,681,000 | $37,431,000 |
| FY 2022 | 2,365 | $57,237,000 | $55,340,000 | $33,931,000 | $713,000 | $16,820,000 |
| FY 2021 | 2,383 | $52,644,000 | $50,354,000 | $31,314,000 | $614,000 | $18,315,000 |
| FY 2020 | 2,439 | $50,247,000 | $48,480,000 | $29,323,000 | $1,327,000 | $19,745,000 |