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NJ Regular Public School District 1 Schools

Belmar Elementary School District

Belmar, NJ 07719 • Monmouth County • 1 Operating Schools
(732) 681-2388
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 405 students
Census F-33 • FY 2024
Total Revenue
$18,820,000
Total Expenditure
$19,047,000
Classroom Instruction
$8,348,000
Outstanding Debt
$8,585,000

Revenue Sources

State Government Funds: $4,877,000 (25.9%) Local Taxes & Fees: $12,534,000 (66.6%) Federal Aid: $1,409,000 (7.5%)
State Government Funds $4,877,000 25.9%
Local Taxes & Fees $12,534,000 66.6%
Federal Aid $1,409,000 7.5%
Total Revenue $18,820,000 100.0%

Expenditure Allocation

Classroom Instruction: $8,348,000 (43.8%) Support Services: $4,691,000 (24.6%) Capital Outlays: $858,000 (4.5%) Other / Operations: $5,150,000 (27%)
Classroom Instruction $8,348,000 43.8%
Support Services $4,691,000 24.6%
Capital Outlays $858,000 4.5%
Other / Operations $5,150,000 27%
Total Expenditure $19,047,000 100.0%

Financial Comparison & Trends Chart

$0$15,500$31,000$46,500$62,000FY 2020 Revenue/Student: $30,745$30,745FY 2020 Expenditure/Student: $29,305$29,305FY 2020498 stdsFY 2021 Revenue/Student: $37,542$37,542FY 2021 Expenditure/Student: $42,797$42,797FY 2021448 stdsFY 2022 Revenue/Student: $44,839$44,839FY 2022 Expenditure/Student: $53,087$53,087FY 2022403 stdsFY 2023 Revenue/Student: $47,288$47,288FY 2023 Expenditure/Student: $46,998$46,998FY 2023400 stdsFY 2024 Revenue/Student: $46,469$46,469FY 2024 Expenditure/Student: $47,030$47,030FY 2024405 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $53,087

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 405 $18,820,000 $19,047,000 $8,348,000 $858,000 $8,585,000
FY 2023 400 $18,915,000 $18,799,000 $9,184,000 $665,000 $8,990,000
FY 2022 403 $18,070,000 $21,394,000 $8,251,000 $4,095,000 $9,695,000
FY 2021 448 $16,819,000 $19,173,000 $7,579,000 $4,166,000 $10,278,000
FY 2020 498 $15,311,000 $14,594,000 $7,098,000 $396,000 $890,000