Skip to main content
NJ Regular Public School District 1 Schools

Norwood Public School District

Norwood, NJ 07648 • Bergen County • 1 Operating Schools
(201) 768-6363
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 608 students
Census F-33 • FY 2024
Total Revenue
$17,093,000
Total Expenditure
$16,893,000
Classroom Instruction
$8,399,000
Outstanding Debt
$715,000

Revenue Sources

State Government Funds: $4,073,000 (23.8%) Local Taxes & Fees: $12,538,000 (73.4%) Federal Aid: $482,000 (2.8%)
State Government Funds $4,073,000 23.8%
Local Taxes & Fees $12,538,000 73.4%
Federal Aid $482,000 2.8%
Total Revenue $17,093,000 100.0%

Expenditure Allocation

Classroom Instruction: $8,399,000 (49.7%) Support Services: $5,369,000 (31.8%) Capital Outlays: $384,000 (2.3%) Other / Operations: $2,741,000 (16.2%)
Classroom Instruction $8,399,000 49.7%
Support Services $5,369,000 31.8%
Capital Outlays $384,000 2.3%
Other / Operations $2,741,000 16.2%
Total Expenditure $16,893,000 100.0%

Financial Comparison & Trends Chart

$0$8,250$16,500$24,750$33,000FY 2020 Revenue/Student: $21,471$21,471FY 2020 Expenditure/Student: $22,450$22,450FY 2020620 stdsFY 2021 Revenue/Student: $23,046$23,046FY 2021 Expenditure/Student: $21,212$21,212FY 2021631 stdsFY 2022 Revenue/Student: $24,688$24,688FY 2022 Expenditure/Student: $23,348$23,348FY 2022635 stdsFY 2023 Revenue/Student: $25,813$25,813FY 2023 Expenditure/Student: $25,482$25,482FY 2023631 stdsFY 2024 Revenue/Student: $28,113$28,113FY 2024 Expenditure/Student: $27,785$27,785FY 2024608 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $28,113

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 608 $17,093,000 $16,893,000 $8,399,000 $384,000 $715,000
FY 2023 631 $16,288,000 $16,079,000 $8,046,000 $113,000 $1,065,000
FY 2022 635 $15,677,000 $14,826,000 $7,581,000 $487,000 $1,410,000
FY 2021 631 $14,542,000 $13,385,000 $6,720,000 $491,000 $1,760,000
FY 2020 620 $13,312,000 $13,919,000 $6,457,000 $1,094,000 $2,115,000