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NJ Regular Public School District 2 Schools

River Edge School District

River Edge, NJ 07661 • Bergen County • 2 Operating Schools
(201) 261-3404
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,206 students
Census F-33 • FY 2024
Total Revenue
$32,677,000
Total Expenditure
$28,926,000
Classroom Instruction
$17,686,000
Outstanding Debt
$9,275,000

Revenue Sources

State Government Funds: $11,995,000 (36.7%) Local Taxes & Fees: $19,637,000 (60.1%) Federal Aid: $1,045,000 (3.2%)
State Government Funds $11,995,000 36.7%
Local Taxes & Fees $19,637,000 60.1%
Federal Aid $1,045,000 3.2%
Total Revenue $32,677,000 100.0%

Expenditure Allocation

Classroom Instruction: $17,686,000 (61.1%) Support Services: $9,460,000 (32.7%) Capital Outlays: $361,000 (1.2%) Other / Operations: $1,419,000 (4.9%)
Classroom Instruction $17,686,000 61.1%
Support Services $9,460,000 32.7%
Capital Outlays $361,000 1.2%
Other / Operations $1,419,000 4.9%
Total Expenditure $28,926,000 100.0%

Financial Comparison & Trends Chart

$0$8,000$16,000$24,000$32,000FY 2020 Revenue/Student: $19,699$19,699FY 2020 Expenditure/Student: $18,465$18,465FY 20201,241 stdsFY 2021 Revenue/Student: $20,866$20,866FY 2021 Expenditure/Student: $19,148$19,148FY 20211,244 stdsFY 2022 Revenue/Student: $24,366$24,366FY 2022 Expenditure/Student: $22,387$22,387FY 20221,164 stdsFY 2023 Revenue/Student: $24,417$24,417FY 2023 Expenditure/Student: $23,043$23,043FY 20231,189 stdsFY 2024 Revenue/Student: $27,095$27,095FY 2024 Expenditure/Student: $23,985$23,985FY 20241,206 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $27,095

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,206 $32,677,000 $28,926,000 $17,686,000 $361,000 $9,275,000
FY 2023 1,189 $29,032,000 $27,398,000 $17,154,000 $212,000 $10,290,000
FY 2022 1,164 $28,362,000 $26,059,000 $16,196,000 $249,000 $11,265,000
FY 2021 1,244 $25,957,000 $23,820,000 $14,772,000 $200,000 $12,745,000
FY 2020 1,241 $24,447,000 $22,915,000 $13,886,000 $281,000 $13,720,000