NJ
Regular Public School District
6 Schools
Verona Public School District
Verona, NJ 07044
•
Essex County
•
6 Operating Schools
(973) 571-2029
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 2,200 students
Total Revenue
$60,130,000
Total Expenditure
$55,908,000
Classroom Instruction
$34,389,000
Outstanding Debt
$44,045,000
Revenue Sources
| State Government Funds | $15,654,000 | 26% | |
| Local Taxes & Fees | $43,363,000 | 72.1% | |
| Federal Aid | $1,113,000 | 1.9% | |
| Total Revenue | $60,130,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $34,389,000 | 61.5% | |
| Support Services | $17,354,000 | 31% | |
| Capital Outlays | $518,000 | 0.9% | |
| Other / Operations | $3,647,000 | 6.5% | |
| Total Expenditure | $55,908,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $30,304
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 2,200 | $60,130,000 | $55,908,000 | $34,389,000 | $518,000 | $44,045,000 |
| FY 2023 | 2,176 | $58,090,000 | $54,223,000 | $33,394,000 | $773,000 | $47,540,000 |
| FY 2022 | 2,170 | $56,506,000 | $55,794,000 | $31,571,000 | $4,548,000 | $50,865,000 |
| FY 2021 | 2,211 | $50,522,000 | $67,003,000 | $28,418,000 | $20,981,000 | $54,456,000 |
| FY 2020 | 2,295 | $47,663,000 | $47,601,000 | $26,723,000 | $3,240,000 | $56,856,000 |