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NJ Regular Public School District 11 Schools

Bridgewater-Raritan Regional School District

Martinsville, NJ 08836 • Somerset County • 11 Operating Schools
(908) 685-2777
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 7,994 students
Census F-33 • FY 2024
Total Revenue
$236,709,000
Total Expenditure
$239,600,000
Classroom Instruction
$131,336,000
Outstanding Debt
$151,403,000

Revenue Sources

State Government Funds: $58,927,000 (24.9%) Local Taxes & Fees: $172,367,000 (72.8%) Federal Aid: $5,415,000 (2.3%)
State Government Funds $58,927,000 24.9%
Local Taxes & Fees $172,367,000 72.8%
Federal Aid $5,415,000 2.3%
Total Revenue $236,709,000 100.0%

Expenditure Allocation

Classroom Instruction: $131,336,000 (54.8%) Support Services: $83,799,000 (35%) Capital Outlays: $15,394,000 (6.4%) Other / Operations: $9,071,000 (3.8%)
Classroom Instruction $131,336,000 54.8%
Support Services $83,799,000 35%
Capital Outlays $15,394,000 6.4%
Other / Operations $9,071,000 3.8%
Total Expenditure $239,600,000 100.0%

Financial Comparison & Trends Chart

$0$8,750$17,500$26,250$35,000FY 2020 Revenue/Student: $22,768$22,768FY 2020 Expenditure/Student: $21,345$21,345FY 20208,542 stdsFY 2021 Revenue/Student: $24,793$24,793FY 2021 Expenditure/Student: $23,466$23,466FY 20218,254 stdsFY 2022 Revenue/Student: $27,452$27,452FY 2022 Expenditure/Student: $26,173$26,173FY 20228,173 stdsFY 2023 Revenue/Student: $28,338$28,338FY 2023 Expenditure/Student: $27,725$27,725FY 20238,049 stdsFY 2024 Revenue/Student: $29,611$29,611FY 2024 Expenditure/Student: $29,972$29,972FY 20247,994 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $29,972

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 7,994 $236,709,000 $239,600,000 $131,336,000 $15,394,000 $151,403,000
FY 2023 8,049 $228,090,000 $223,161,000 $128,748,000 $6,427,000 $1,500,000
FY 2022 8,173 $224,366,000 $213,908,000 $126,552,000 $6,503,000 $6,905,000
FY 2021 8,254 $204,643,000 $193,691,000 $118,047,000 $4,706,000 $12,090,000
FY 2020 8,542 $194,488,000 $182,330,000 $111,250,000 $3,852,000 $17,070,000