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NJ Regular Public School District 6 Schools

Carteret Public School District

Carteret, NJ 07008 • Middlesex County • 6 Operating Schools
(732) 541-8960
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 4,009 students
Census F-33 • FY 2024
Total Revenue
$112,393,000
Total Expenditure
$108,670,000
Classroom Instruction
$66,427,000
Outstanding Debt
$37,595,000

Revenue Sources

State Government Funds: $71,188,000 (63.3%) Local Taxes & Fees: $32,426,000 (28.9%) Federal Aid: $8,779,000 (7.8%)
State Government Funds $71,188,000 63.3%
Local Taxes & Fees $32,426,000 28.9%
Federal Aid $8,779,000 7.8%
Total Revenue $112,393,000 100.0%

Expenditure Allocation

Classroom Instruction: $66,427,000 (61.1%) Support Services: $29,716,000 (27.3%) Capital Outlays: $2,971,000 (2.7%) Other / Operations: $9,556,000 (8.8%)
Classroom Instruction $66,427,000 61.1%
Support Services $29,716,000 27.3%
Capital Outlays $2,971,000 2.7%
Other / Operations $9,556,000 8.8%
Total Expenditure $108,670,000 100.0%

Financial Comparison & Trends Chart

$0$8,250$16,500$24,750$33,000FY 2020 Revenue/Student: $19,587$19,587FY 2020 Expenditure/Student: $19,682$19,682FY 20203,983 stdsFY 2021 Revenue/Student: $21,738$21,738FY 2021 Expenditure/Student: $22,637$22,637FY 20213,833 stdsFY 2022 Revenue/Student: $26,087$26,087FY 2022 Expenditure/Student: $28,303$28,303FY 20223,882 stdsFY 2023 Revenue/Student: $26,508$26,508FY 2023 Expenditure/Student: $25,478$25,478FY 20233,935 stdsFY 2024 Revenue/Student: $28,035$28,035FY 2024 Expenditure/Student: $27,107$27,107FY 20244,009 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $28,303

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 4,009 $112,393,000 $108,670,000 $66,427,000 $2,971,000 $37,595,000
FY 2023 3,935 $104,308,000 $100,255,000 $59,170,000 $5,139,000 $38,995,000
FY 2022 3,882 $101,271,000 $109,872,000 $61,644,000 $15,244,000 $40,390,000
FY 2021 3,833 $83,321,000 $86,767,000 $48,521,000 $9,588,000 $41,775,000
FY 2020 3,983 $78,015,000 $78,395,000 $47,863,000 $3,011,000 $42,450,000