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School District Finance Report
MENDHAM BORO SCHOOL DISTRICT


The HomeSurfer School District Finance rating for MENDHAM BORO SCHOOL DISTRICT is 3.9 out of a possible of 5 points. The HomeSurfer school rating is calculated using factors such as Spending Per Pupil, Capital Spending, and the debt position of the school district. National ranking is weighed more heavily than the state ranking.
Learn more about our rating system.
HomeSurfer School Finance Rating


Spending Per Pupil

MENDHAM BORO SCHOOL DISTRICT has a spending per pupil rate of 16573. This compares with a rate of 14639 in and a rate of 9698 nationally.


Spending Per Pupil

District 16573
NJ 14639
National 9698

MENDHAM BORO SCHOOL DISTRICT is in the 77.5% percentile rank in the state for Spending Per Pupil. It is in the 92.5% percentile rank nationally. Higher numbers are better. In this case, 77.5% of cities in spend the same or less than MENDHAM BORO SCHOOL DISTRICT. Said another way, 22.5% of schools in spend more than MENDHAM BORO SCHOOL DISTRICT.


  School Report Data

 MENDHAM BORO SCH DISTNJ
Total Spending Per Pupil
$/pupil16573
14639
Percentile Rank in State 77.5%

Rank in State 139

Percentile Rank in Nation 92.5%

Rank in Nation 1127

Capital Spending
% of budget 28.5%
8.2%
Percentile Rank in State94.7%

Rank in State 35

Percentile Rank in Nation93.5%

Rank in Nation 976

Budget
Surplus/Deficit Per Pupil -29915
-8876
In Years- 2.5- 0.6
Percentile Rank State2.1%

Rank in State 598

Percentile Rank in Nation6.7%

Rank in Nation 13521


Ranking of School Districts in on Spending Per Pupil


Balance Sheet Review


The MENDHAM BORO SCH DIST balance sheet shows a deficit of -29915 per pupil. This compares with an average deficit of -8876 in . With the average revenue per pupil of 11768 the balance sheet deficit will take -2.542 years to pay off the debt.

School District Profile
MENDHAM BORO SCHOOL DISTRICT


Cities

MENDHAM,
MORRISTOWN,
Schools

HILLTOP SCHOOL
MOUNTAIN VIEW
N J REG DAY-MENDHAM

school profiles
District Enrollment

640