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Verona Public School District

State budget report

Essex County · 2026-27 budget, from New Jersey Department of Education files. Budgets are set for a whole district, so every school in it shares these figures.

Spending
  • Day-to-day spending2025-26: $45.6M → 2026-27: $47.2M (+3.6%)The general fund's current expense: salaries, benefits, supplies and services. Not building projects or debt.
  • Employee benefits2025-26: $7.7M → 2026-27: $9.3M (+21.7%)19.8% of day-to-day spending.Essex County median +19.2% · New Jersey median +18.2%
  • Everything else2025-26: $37.9M → 2026-27: $37.9M (0%)Essex County median +0.1% · New Jersey median +0.5%
Where the money comes from
  • Local school tax levy2025-26: $40M → 2026-27: $42.2M (+5.7%)Essex County median +4.9% · New Jersey median +5%
  • State school aidUp $184,335 from last year State aid file
  • Surplus budgeted to balance the budget2025-26: $913,988 → 2026-27: $701,835Planned amount, not what is left in reserve. Does not include capital or maintenance reserve withdrawals.
Health insurance costs
  • Health benefits, audited2022-23: $4.5M → 2024-25: $5.5M (+20.5%)Essex County median +22.1% · New Jersey median +18.1%What the district actually spent, from its audited annual financial reports: 2022-23, 2024-25
Teachers
  • Students per teacher2021-22: 11.8 → 2024-25: 11.9Essex County median 11.4 · New Jersey median 10.7
  • Median teacher salary2024-25: $85,551Essex County median $85,163 · New Jersey median $78,587
New Jersey School Performance Reports

Medians are across districts whose budgets are comparable; services commissions and districts outside the state aid formula are left out.