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NJ Regular Public School District 4 Schools

Asbury Park School District

Asbury Park, NJ 07712 • Monmouth County • 4 Operating Schools
(732) 776-2606
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,456 students
Census F-33 • FY 2024
Total Revenue
$73,517,000
Total Expenditure
$106,250,000
Classroom Instruction
$68,756,000
Outstanding Debt
$0

Revenue Sources

State Government Funds: $44,592,000 (60.7%) Local Taxes & Fees: $23,268,000 (31.6%) Federal Aid: $5,657,000 (7.7%)
State Government Funds $44,592,000 60.7%
Local Taxes & Fees $23,268,000 31.6%
Federal Aid $5,657,000 7.7%
Total Revenue $73,517,000 100.0%

Expenditure Allocation

Classroom Instruction: $68,756,000 (64.7%) Support Services: $28,638,000 (27%) Capital Outlays: $1,076,000 (1%) Other / Operations: $7,780,000 (7.3%)
Classroom Instruction $68,756,000 64.7%
Support Services $28,638,000 27%
Capital Outlays $1,076,000 1%
Other / Operations $7,780,000 7.3%
Total Expenditure $106,250,000 100.0%

Financial Comparison & Trends Chart

$0$21,000$42,000$63,000$84,000FY 2020 Revenue/Student: $41,790$41,790FY 2020 Expenditure/Student: $41,747$41,747FY 20201,951 stdsFY 2021 Revenue/Student: $44,542$44,542FY 2021 Expenditure/Student: $44,002$44,002FY 20211,771 stdsFY 2022 Revenue/Student: $56,908$56,908FY 2022 Expenditure/Student: $55,797$55,797FY 20221,625 stdsFY 2023 Revenue/Student: $65,103$65,103FY 2023 Expenditure/Student: $57,023$57,023FY 20231,541 stdsFY 2024 Revenue/Student: $50,492$50,492FY 2024 Expenditure/Student: $72,974$72,974FY 20241,456 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $72,974

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,456 $73,517,000 $106,250,000 $68,756,000 $1,076,000 $0
FY 2023 1,541 $100,324,000 $87,873,000 $54,992,000 $546,000 $0
FY 2022 1,625 $92,476,000 $90,670,000 $54,916,000 $184,000 $0
FY 2021 1,771 $78,884,000 $77,928,000 $44,259,000 $198,000 $0
FY 2020 1,951 $81,533,000 $81,448,000 $45,822,000 $76,000 $0