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NJ Regular Public School District 2 Schools

Wharton Borough School District

WHARTON, NJ 07885 • Morris County • 2 Operating Schools
(973) 361-2593
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 767 students
Census F-33 • FY 2024
Total Revenue
$25,749,000
Total Expenditure
$26,457,000
Classroom Instruction
$14,430,000
Outstanding Debt
$0

Revenue Sources

State Government Funds: $12,677,000 (49.2%) Local Taxes & Fees: $10,863,000 (42.2%) Federal Aid: $2,209,000 (8.6%)
State Government Funds $12,677,000 49.2%
Local Taxes & Fees $10,863,000 42.2%
Federal Aid $2,209,000 8.6%
Total Revenue $25,749,000 100.0%

Expenditure Allocation

Classroom Instruction: $14,430,000 (54.5%) Support Services: $6,049,000 (22.9%) Capital Outlays: $3,641,000 (13.8%) Other / Operations: $2,337,000 (8.8%)
Classroom Instruction $14,430,000 54.5%
Support Services $6,049,000 22.9%
Capital Outlays $3,641,000 13.8%
Other / Operations $2,337,000 8.8%
Total Expenditure $26,457,000 100.0%

Financial Comparison & Trends Chart

$0$10,000$20,000$30,000$40,000FY 2020 Revenue/Student: $24,810$24,810FY 2020 Expenditure/Student: $22,772$22,772FY 2020751 stdsFY 2021 Revenue/Student: $28,270$28,270FY 2021 Expenditure/Student: $25,810$25,810FY 2021699 stdsFY 2022 Revenue/Student: $31,775$31,775FY 2022 Expenditure/Student: $28,682$28,682FY 2022699 stdsFY 2023 Revenue/Student: $32,447$32,447FY 2023 Expenditure/Student: $30,237$30,237FY 2023701 stdsFY 2024 Revenue/Student: $33,571$33,571FY 2024 Expenditure/Student: $34,494$34,494FY 2024767 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $34,494

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 767 $25,749,000 $26,457,000 $14,430,000 $3,641,000 $0
FY 2023 701 $22,745,000 $21,196,000 $12,852,000 $779,000 $216,000
FY 2022 699 $22,211,000 $20,049,000 $11,737,000 $750,000 $442,000
FY 2021 699 $19,761,000 $18,041,000 $10,380,000 $701,000 $673,000
FY 2020 751 $18,632,000 $17,102,000 $10,236,000 $960,000 $915,000