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NJ Regular Public School District 7 Schools

Cranford Public School District

Cranford, NJ 07016 • Union County • 7 Operating Schools
(908) 272-9100
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 3,768 students
Census F-33 • FY 2024
Total Revenue
$96,711,000
Total Expenditure
$98,817,000
Classroom Instruction
$59,490,000
Outstanding Debt
$79,389,000

Revenue Sources

State Government Funds: $23,928,000 (24.7%) Local Taxes & Fees: $70,827,000 (73.2%) Federal Aid: $1,956,000 (2%)
State Government Funds $23,928,000 24.7%
Local Taxes & Fees $70,827,000 73.2%
Federal Aid $1,956,000 2%
Total Revenue $96,711,000 100.0%

Expenditure Allocation

Classroom Instruction: $59,490,000 (60.2%) Support Services: $31,504,000 (31.9%) Capital Outlays: $1,779,000 (1.8%) Other / Operations: $6,044,000 (6.1%)
Classroom Instruction $59,490,000 60.2%
Support Services $31,504,000 31.9%
Capital Outlays $1,779,000 1.8%
Other / Operations $6,044,000 6.1%
Total Expenditure $98,817,000 100.0%

Financial Comparison & Trends Chart

$0$7,750$15,500$23,250$31,000FY 2020 Revenue/Student: $21,061$21,061FY 2020 Expenditure/Student: $20,505$20,505FY 20203,779 stdsFY 2021 Revenue/Student: $22,520$22,520FY 2021 Expenditure/Student: $21,667$21,667FY 20213,710 stdsFY 2022 Revenue/Student: $24,190$24,190FY 2022 Expenditure/Student: $23,778$23,778FY 20223,733 stdsFY 2023 Revenue/Student: $24,903$24,903FY 2023 Expenditure/Student: $25,102$25,102FY 20233,745 stdsFY 2024 Revenue/Student: $25,666$25,666FY 2024 Expenditure/Student: $26,225$26,225FY 20243,768 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $26,225

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 3,768 $96,711,000 $98,817,000 $59,490,000 $1,779,000 $79,389,000
FY 2023 3,745 $93,262,000 $94,007,000 $56,650,000 $616,000 $4,932,000
FY 2022 3,733 $90,303,000 $88,763,000 $54,546,000 $49,000 $5,478,000
FY 2021 3,710 $83,548,000 $80,383,000 $49,667,000 $76,000 $7,488,000
FY 2020 3,779 $79,588,000 $77,489,000 $47,279,000 $39,000 $8,068,000