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NJ Regular Public School District 3 Schools

Newton Public School District

Newton, NJ 07860 • Sussex County • 3 Operating Schools
(973) 383-7392
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,622 students
Census F-33 • FY 2024
Total Revenue
$47,213,000
Total Expenditure
$45,202,000
Classroom Instruction
$26,756,000
Outstanding Debt
$3,970,000

Revenue Sources

State Government Funds: $22,519,000 (47.7%) Local Taxes & Fees: $21,961,000 (46.5%) Federal Aid: $2,733,000 (5.8%)
State Government Funds $22,519,000 47.7%
Local Taxes & Fees $21,961,000 46.5%
Federal Aid $2,733,000 5.8%
Total Revenue $47,213,000 100.0%

Expenditure Allocation

Classroom Instruction: $26,756,000 (59.2%) Support Services: $15,313,000 (33.9%) Capital Outlays: $624,000 (1.4%) Other / Operations: $2,509,000 (5.6%)
Classroom Instruction $26,756,000 59.2%
Support Services $15,313,000 33.9%
Capital Outlays $624,000 1.4%
Other / Operations $2,509,000 5.6%
Total Expenditure $45,202,000 100.0%

Financial Comparison & Trends Chart

$0$8,500$17,000$25,500$34,000FY 2020 Revenue/Student: $21,864$21,864FY 2020 Expenditure/Student: $21,223$21,223FY 20201,631 stdsFY 2021 Revenue/Student: $23,104$23,104FY 2021 Expenditure/Student: $23,381$23,381FY 20211,599 stdsFY 2022 Revenue/Student: $26,421$26,421FY 2022 Expenditure/Student: $26,684$26,684FY 20221,586 stdsFY 2023 Revenue/Student: $27,203$27,203FY 2023 Expenditure/Student: $26,452$26,452FY 20231,627 stdsFY 2024 Revenue/Student: $29,108$29,108FY 2024 Expenditure/Student: $27,868$27,868FY 20241,622 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $29,108

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,622 $47,213,000 $45,202,000 $26,756,000 $624,000 $3,970,000
FY 2023 1,627 $44,260,000 $43,037,000 $26,126,000 $668,000 $4,340,000
FY 2022 1,586 $41,904,000 $42,321,000 $25,092,000 $1,837,000 $4,700,000
FY 2021 1,599 $36,943,000 $37,387,000 $21,304,000 $2,234,000 $5,050,000
FY 2020 1,631 $35,660,000 $34,614,000 $20,364,000 $351,000 $5,395,000