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NJ Regular Public School District 1 Schools

Riverdale School District

Riverdale, NJ 07457 • Morris County • 1 Operating Schools
(973) 839-1300
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 291 students
Census F-33 • FY 2024
Total Revenue
$12,581,000
Total Expenditure
$12,324,000
Classroom Instruction
$5,469,000
Outstanding Debt
$18,921,000

Revenue Sources

State Government Funds: $2,188,000 (17.4%) Local Taxes & Fees: $10,025,000 (79.7%) Federal Aid: $368,000 (2.9%)
State Government Funds $2,188,000 17.4%
Local Taxes & Fees $10,025,000 79.7%
Federal Aid $368,000 2.9%
Total Revenue $12,581,000 100.0%

Expenditure Allocation

Classroom Instruction: $5,469,000 (44.4%) Support Services: $2,993,000 (24.3%) Capital Outlays: $1,319,000 (10.7%) Other / Operations: $2,543,000 (20.6%)
Classroom Instruction $5,469,000 44.4%
Support Services $2,993,000 24.3%
Capital Outlays $1,319,000 10.7%
Other / Operations $2,543,000 20.6%
Total Expenditure $12,324,000 100.0%

Financial Comparison & Trends Chart

$0$12,500$25,000$37,500$50,000FY 2020 Revenue/Student: $29,846$29,846FY 2020 Expenditure/Student: $28,722$28,722FY 2020324 stdsFY 2021 Revenue/Student: $34,470$34,470FY 2021 Expenditure/Student: $31,814$31,814FY 2021296 stdsFY 2022 Revenue/Student: $40,128$40,128FY 2022 Expenditure/Student: $37,007$37,007FY 2022289 stdsFY 2023 Revenue/Student: $39,556$39,556FY 2023 Expenditure/Student: $37,660$37,660FY 2023288 stdsFY 2024 Revenue/Student: $43,234$43,234FY 2024 Expenditure/Student: $42,351$42,351FY 2024291 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $43,234

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 291 $12,581,000 $12,324,000 $5,469,000 $1,319,000 $18,921,000
FY 2023 288 $11,392,000 $10,846,000 $5,432,000 $259,000 $18,921,000
FY 2022 289 $11,597,000 $10,695,000 $5,642,000 $161,000 $0
FY 2021 296 $10,203,000 $9,417,000 $4,683,000 $290,000 $0
FY 2020 324 $9,670,000 $9,306,000 $4,262,000 $422,000 $0