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NJ Regular Public School District 2 Schools

Totowa Public School District

Totowa, NJ 07512 • Passaic County • 2 Operating Schools
(973) 956-0010
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 920 students
Census F-33 • FY 2024
Total Revenue
$25,761,000
Total Expenditure
$21,087,000
Classroom Instruction
$12,210,000
Outstanding Debt
$0

Revenue Sources

State Government Funds: $5,124,000 (19.9%) Local Taxes & Fees: $19,379,000 (75.2%) Federal Aid: $1,258,000 (4.9%)
State Government Funds $5,124,000 19.9%
Local Taxes & Fees $19,379,000 75.2%
Federal Aid $1,258,000 4.9%
Total Revenue $25,761,000 100.0%

Expenditure Allocation

Classroom Instruction: $12,210,000 (57.9%) Support Services: $7,298,000 (34.6%) Capital Outlays: $317,000 (1.5%) Other / Operations: $1,262,000 (6%)
Classroom Instruction $12,210,000 57.9%
Support Services $7,298,000 34.6%
Capital Outlays $317,000 1.5%
Other / Operations $1,262,000 6%
Total Expenditure $21,087,000 100.0%

Financial Comparison & Trends Chart

$0$8,250$16,500$24,750$33,000FY 2020 Revenue/Student: $21,464$21,464FY 2020 Expenditure/Student: $18,081$18,081FY 2020981 stdsFY 2021 Revenue/Student: $23,970$23,970FY 2021 Expenditure/Student: $19,934$19,934FY 2021912 stdsFY 2022 Revenue/Student: $26,158$26,158FY 2022 Expenditure/Student: $22,488$22,488FY 2022942 stdsFY 2023 Revenue/Student: $27,101$27,101FY 2023 Expenditure/Student: $22,324$22,324FY 2023908 stdsFY 2024 Revenue/Student: $28,001$28,001FY 2024 Expenditure/Student: $22,921$22,921FY 2024920 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $28,001

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 920 $25,761,000 $21,087,000 $12,210,000 $317,000 $0
FY 2023 908 $24,608,000 $20,270,000 $12,043,000 $188,000 $0
FY 2022 942 $24,641,000 $21,184,000 $11,411,000 $1,188,000 $0
FY 2021 912 $21,861,000 $18,180,000 $9,970,000 $116,000 $705,000
FY 2020 981 $21,056,000 $17,737,000 $9,841,000 $145,000 $1,370,000