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NJ Regular Public School District 1 Schools

Stanhope School District

Stanhope, NJ 07874 • Sussex County • 1 Operating Schools
(973) 347-0008
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 312 students
Census F-33 • FY 2024
Total Revenue
$8,923,000
Total Expenditure
$12,235,000
Classroom Instruction
$4,907,000
Outstanding Debt
$5,985,000

Revenue Sources

State Government Funds: $2,678,000 (30%) Local Taxes & Fees: $5,778,000 (64.8%) Federal Aid: $467,000 (5.2%)
State Government Funds $2,678,000 30%
Local Taxes & Fees $5,778,000 64.8%
Federal Aid $467,000 5.2%
Total Revenue $8,923,000 100.0%

Expenditure Allocation

Classroom Instruction: $4,907,000 (40.1%) Support Services: $3,314,000 (27.1%) Capital Outlays: $3,451,000 (28.2%) Other / Operations: $563,000 (4.6%)
Classroom Instruction $4,907,000 40.1%
Support Services $3,314,000 27.1%
Capital Outlays $3,451,000 28.2%
Other / Operations $563,000 4.6%
Total Expenditure $12,235,000 100.0%

Financial Comparison & Trends Chart

$0$11,500$23,000$34,500$46,000FY 2020 Revenue/Student: $23,997$23,997FY 2020 Expenditure/Student: $22,891$22,891FY 2020311 stdsFY 2021 Revenue/Student: $26,196$26,196FY 2021 Expenditure/Student: $22,747$22,747FY 2021296 stdsFY 2022 Revenue/Student: $29,305$29,305FY 2022 Expenditure/Student: $25,634$25,634FY 2022292 stdsFY 2023 Revenue/Student: $28,967$28,967FY 2023 Expenditure/Student: $26,328$26,328FY 2023302 stdsFY 2024 Revenue/Student: $28,599$28,599FY 2024 Expenditure/Student: $39,215$39,215FY 2024312 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $39,215

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 312 $8,923,000 $12,235,000 $4,907,000 $3,451,000 $5,985,000
FY 2023 302 $8,748,000 $7,951,000 $4,309,000 $222,000 $5,985,000
FY 2022 292 $8,557,000 $7,485,000 $4,413,000 $39,000 $315,000
FY 2021 296 $7,754,000 $6,733,000 $3,969,000 $32,000 $630,000
FY 2020 311 $7,463,000 $7,119,000 $4,136,000 $183,000 $935,000