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NJ Regular Public School District 1 Schools

Chesterfield Township School District

Chesterfield, NJ 08515 • Burlington County • 1 Operating Schools
(609) 298-6900
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 695 students
Census F-33 • FY 2024
Total Revenue
$20,102,000
Total Expenditure
$18,153,000
Classroom Instruction
$9,628,000
Outstanding Debt
$26,290,000

Revenue Sources

State Government Funds: $7,280,000 (36.2%) Local Taxes & Fees: $12,407,000 (61.7%) Federal Aid: $415,000 (2.1%)
State Government Funds $7,280,000 36.2%
Local Taxes & Fees $12,407,000 61.7%
Federal Aid $415,000 2.1%
Total Revenue $20,102,000 100.0%

Expenditure Allocation

Classroom Instruction: $9,628,000 (53%) Support Services: $6,950,000 (38.3%) Capital Outlays: $90,000 (0.5%) Other / Operations: $1,485,000 (8.2%)
Classroom Instruction $9,628,000 53%
Support Services $6,950,000 38.3%
Capital Outlays $90,000 0.5%
Other / Operations $1,485,000 8.2%
Total Expenditure $18,153,000 100.0%

Financial Comparison & Trends Chart

$0$8,500$17,000$25,500$34,000FY 2020 Revenue/Student: $22,120$22,120FY 2020 Expenditure/Student: $18,946$18,946FY 2020766 stdsFY 2021 Revenue/Student: $24,405$24,405FY 2021 Expenditure/Student: $21,043$21,043FY 2021723 stdsFY 2022 Revenue/Student: $27,094$27,094FY 2022 Expenditure/Student: $24,229$24,229FY 2022715 stdsFY 2023 Revenue/Student: $28,013$28,013FY 2023 Expenditure/Student: $24,475$24,475FY 2023714 stdsFY 2024 Revenue/Student: $28,924$28,924FY 2024 Expenditure/Student: $26,119$26,119FY 2024695 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $28,924

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 695 $20,102,000 $18,153,000 $9,628,000 $90,000 $26,290,000
FY 2023 714 $20,001,000 $17,475,000 $8,971,000 $157,000 $27,675,000
FY 2022 715 $19,372,000 $17,324,000 $8,993,000 $22,000 $29,020,000
FY 2021 723 $17,645,000 $15,214,000 $8,174,000 $29,000 $30,320,000
FY 2020 766 $16,944,000 $14,513,000 $7,138,000 $221,000 $31,585,000