NJ
Regular Public School District
14 Schools
Parsippany-Troy Hills Township School District
Parsippany, NJ 07054
•
Morris County
•
14 Operating Schools
(973) 263-7200
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 7,227 students
Total Revenue
$216,010,000
Total Expenditure
$217,244,000
Classroom Instruction
$114,615,000
Outstanding Debt
$16,545,000
Revenue Sources
| State Government Funds | $51,193,000 | 23.7% | |
| Local Taxes & Fees | $160,013,000 | 74.1% | |
| Federal Aid | $4,804,000 | 2.2% | |
| Total Revenue | $216,010,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $114,615,000 | 52.8% | |
| Support Services | $79,260,000 | 36.5% | |
| Capital Outlays | $7,989,000 | 3.7% | |
| Other / Operations | $15,380,000 | 7.1% | |
| Total Expenditure | $217,244,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $30,060
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 7,227 | $216,010,000 | $217,244,000 | $114,615,000 | $7,989,000 | $16,545,000 |
| FY 2023 | 7,067 | $211,748,000 | $209,137,000 | $114,000,000 | $4,981,000 | $18,795,000 |
| FY 2022 | 7,082 | $206,636,000 | $198,245,000 | $108,855,000 | $5,473,000 | $21,035,000 |
| FY 2021 | 7,219 | $189,790,000 | $177,148,000 | $99,260,000 | $2,643,000 | $23,275,000 |
| FY 2020 | 7,290 | $179,746,000 | $173,122,000 | $93,214,000 | $4,628,000 | $25,480,000 |