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NJ Regular Public School District 5 Schools

Bound Brook School District

Bound Brook, NJ 08805 • Somerset County • 5 Operating Schools
(732) 356-2500
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 2,110 students
Census F-33 • FY 2024
Total Revenue
$63,372,000
Total Expenditure
$57,129,000
Classroom Instruction
$31,433,000
Outstanding Debt
$19,640,000

Revenue Sources

State Government Funds: $41,966,000 (66.2%) Local Taxes & Fees: $17,990,000 (28.4%) Federal Aid: $3,416,000 (5.4%)
State Government Funds $41,966,000 66.2%
Local Taxes & Fees $17,990,000 28.4%
Federal Aid $3,416,000 5.4%
Total Revenue $63,372,000 100.0%

Expenditure Allocation

Classroom Instruction: $31,433,000 (55%) Support Services: $18,812,000 (32.9%) Capital Outlays: $2,717,000 (4.8%) Other / Operations: $4,167,000 (7.3%)
Classroom Instruction $31,433,000 55%
Support Services $18,812,000 32.9%
Capital Outlays $2,717,000 4.8%
Other / Operations $4,167,000 7.3%
Total Expenditure $57,129,000 100.0%

Financial Comparison & Trends Chart

$0$9,000$18,000$27,000$36,000FY 2020 Revenue/Student: $19,638$19,638FY 2020 Expenditure/Student: $21,586$21,586FY 20202,037 stdsFY 2021 Revenue/Student: $22,371$22,371FY 2021 Expenditure/Student: $22,083$22,083FY 20211,975 stdsFY 2022 Revenue/Student: $27,079$27,079FY 2022 Expenditure/Student: $24,112$24,112FY 20221,997 stdsFY 2023 Revenue/Student: $31,143$31,143FY 2023 Expenditure/Student: $31,246$31,246FY 20232,067 stdsFY 2024 Revenue/Student: $30,034$30,034FY 2024 Expenditure/Student: $27,075$27,075FY 20242,110 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $31,246

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 2,110 $63,372,000 $57,129,000 $31,433,000 $2,717,000 $19,640,000
FY 2023 2,067 $64,373,000 $64,586,000 $34,497,000 $8,055,000 $20,620,000
FY 2022 1,997 $54,077,000 $48,151,000 $27,160,000 $2,013,000 $21,560,000
FY 2021 1,975 $44,183,000 $43,614,000 $22,631,000 $4,531,000 $22,460,000
FY 2020 2,037 $40,003,000 $43,971,000 $21,158,000 $5,940,000 $23,330,000