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NJ Regular Public School District 1 Schools

Elk Township School District

Glassboro, NJ 08028 • Gloucester County • 1 Operating Schools
(856) 881-4551
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 346 students
Census F-33 • FY 2024
Total Revenue
$9,941,000
Total Expenditure
$9,586,000
Classroom Instruction
$5,200,000
Outstanding Debt
$0

Revenue Sources

State Government Funds: $5,183,000 (52.1%) Local Taxes & Fees: $4,048,000 (40.7%) Federal Aid: $710,000 (7.1%)
State Government Funds $5,183,000 52.1%
Local Taxes & Fees $4,048,000 40.7%
Federal Aid $710,000 7.1%
Total Revenue $9,941,000 100.0%

Expenditure Allocation

Classroom Instruction: $5,200,000 (54.2%) Support Services: $2,564,000 (26.7%) Capital Outlays: $105,000 (1.1%) Other / Operations: $1,717,000 (17.9%)
Classroom Instruction $5,200,000 54.2%
Support Services $2,564,000 26.7%
Capital Outlays $105,000 1.1%
Other / Operations $1,717,000 17.9%
Total Expenditure $9,586,000 100.0%

Financial Comparison & Trends Chart

$0$8,500$17,000$25,500$34,000FY 2020 Revenue/Student: $22,697$22,697FY 2020 Expenditure/Student: $21,336$21,336FY 2020327 stdsFY 2021 Revenue/Student: $24,879$24,879FY 2021 Expenditure/Student: $22,597$22,597FY 2021313 stdsFY 2022 Revenue/Student: $27,021$27,021FY 2022 Expenditure/Student: $25,286$25,286FY 2022329 stdsFY 2023 Revenue/Student: $24,449$24,449FY 2023 Expenditure/Student: $25,033$25,033FY 2023336 stdsFY 2024 Revenue/Student: $28,731$28,731FY 2024 Expenditure/Student: $27,705$27,705FY 2024346 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $28,731

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 346 $9,941,000 $9,586,000 $5,200,000 $105,000 $0
FY 2023 336 $8,215,000 $8,411,000 $4,421,000 $314,000 $145,000
FY 2022 329 $8,890,000 $8,319,000 $4,636,000 $81,000 $285,000
FY 2021 313 $7,787,000 $7,073,000 $4,147,000 $44,000 $415,000
FY 2020 327 $7,422,000 $6,977,000 $4,040,000 $121,000 $545,000