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NJ Regular Public School District 1 Schools

Farmingdale Public School District

Farmingdale, NJ 07727 • Monmouth County • 1 Operating Schools
(732) 938-9611
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 171 students
Census F-33 • FY 2024
Total Revenue
$5,145,000
Total Expenditure
$4,898,000
Classroom Instruction
$3,070,000
Outstanding Debt
$3,885,000

Revenue Sources

State Government Funds: $1,893,000 (36.8%) Local Taxes & Fees: $2,898,000 (56.3%) Federal Aid: $354,000 (6.9%)
State Government Funds $1,893,000 36.8%
Local Taxes & Fees $2,898,000 56.3%
Federal Aid $354,000 6.9%
Total Revenue $5,145,000 100.0%

Expenditure Allocation

Classroom Instruction: $3,070,000 (62.7%) Support Services: $1,632,000 (33.3%) Capital Outlays: $31,000 (0.6%) Other / Operations: $165,000 (3.4%)
Classroom Instruction $3,070,000 62.7%
Support Services $1,632,000 33.3%
Capital Outlays $31,000 0.6%
Other / Operations $165,000 3.4%
Total Expenditure $4,898,000 100.0%

Financial Comparison & Trends Chart

$0$9,000$18,000$27,000$36,000FY 2020 Revenue/Student: $24,531$24,531FY 2020 Expenditure/Student: $22,506$22,506FY 2020162 stdsFY 2021 Revenue/Student: $26,544$26,544FY 2021 Expenditure/Student: $25,738$25,738FY 2021160 stdsFY 2022 Revenue/Student: $29,195$29,195FY 2022 Expenditure/Student: $26,943$26,943FY 2022159 stdsFY 2023 Revenue/Student: $29,632$29,632FY 2023 Expenditure/Student: $31,166$31,166FY 2023163 stdsFY 2024 Revenue/Student: $30,088$30,088FY 2024 Expenditure/Student: $28,643$28,643FY 2024171 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $31,166

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 171 $5,145,000 $4,898,000 $3,070,000 $31,000 $3,885,000
FY 2023 163 $4,830,000 $5,080,000 $2,850,000 $509,000 $4,085,000
FY 2022 159 $4,642,000 $4,284,000 $2,712,000 $51,000 $4,280,000
FY 2021 160 $4,247,000 $4,118,000 $2,438,000 $23,000 $4,470,000
FY 2020 162 $3,974,000 $3,646,000 $2,090,000 $21,000 $4,650,000