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NJ Regular Public School District 1 Schools

Cranbury Township School District

Cranbury, NJ 08512 • Middlesex County • 1 Operating Schools
(609) 395-1700
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 442 students
Census F-33 • FY 2024
Total Revenue
$25,846,000
Total Expenditure
$25,577,000
Classroom Instruction
$9,816,000
Outstanding Debt
$17,605,000

Revenue Sources

State Government Funds: $4,494,000 (17.4%) Local Taxes & Fees: $20,879,000 (80.8%) Federal Aid: $473,000 (1.8%)
State Government Funds $4,494,000 17.4%
Local Taxes & Fees $20,879,000 80.8%
Federal Aid $473,000 1.8%
Total Revenue $25,846,000 100.0%

Expenditure Allocation

Classroom Instruction: $9,816,000 (38.4%) Support Services: $7,141,000 (27.9%) Capital Outlays: $2,974,000 (11.6%) Other / Operations: $5,646,000 (22.1%)
Classroom Instruction $9,816,000 38.4%
Support Services $7,141,000 27.9%
Capital Outlays $2,974,000 11.6%
Other / Operations $5,646,000 22.1%
Total Expenditure $25,577,000 100.0%

Financial Comparison & Trends Chart

$0$17,000$34,000$51,000$68,000FY 2020 Revenue/Student: $42,860$42,860FY 2020 Expenditure/Student: $42,033$42,033FY 2020484 stdsFY 2021 Revenue/Student: $46,544$46,544FY 2021 Expenditure/Student: $43,240$43,240FY 2021463 stdsFY 2022 Revenue/Student: $48,324$48,324FY 2022 Expenditure/Student: $46,529$46,529FY 2022478 stdsFY 2023 Revenue/Student: $53,991$53,991FY 2023 Expenditure/Student: $55,269$55,269FY 2023453 stdsFY 2024 Revenue/Student: $58,475$58,475FY 2024 Expenditure/Student: $57,867$57,867FY 2024442 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $58,475

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 442 $25,846,000 $25,577,000 $9,816,000 $2,974,000 $17,605,000
FY 2023 453 $24,458,000 $25,037,000 $9,673,000 $2,598,000 $18,462,000
FY 2022 478 $23,099,000 $22,241,000 $9,516,000 $1,061,000 $18,917,000
FY 2021 463 $21,550,000 $20,020,000 $8,665,000 $43,000 $895,000
FY 2020 484 $20,744,000 $20,344,000 $8,235,000 $1,159,000 $1,315,000