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NJ Regular Public School District 3 Schools

Florence Township School District

Florence, NJ 08518 • Burlington County • 3 Operating Schools
(609) 499-4600
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,471 students
Census F-33 • FY 2024
Total Revenue
$43,129,000
Total Expenditure
$43,558,000
Classroom Instruction
$24,502,000
Outstanding Debt
$8,565,000

Revenue Sources

State Government Funds: $19,658,000 (45.6%) Local Taxes & Fees: $21,584,000 (50%) Federal Aid: $1,887,000 (4.4%)
State Government Funds $19,658,000 45.6%
Local Taxes & Fees $21,584,000 50%
Federal Aid $1,887,000 4.4%
Total Revenue $43,129,000 100.0%

Expenditure Allocation

Classroom Instruction: $24,502,000 (56.3%) Support Services: $14,696,000 (33.7%) Capital Outlays: $506,000 (1.2%) Other / Operations: $3,854,000 (8.8%)
Classroom Instruction $24,502,000 56.3%
Support Services $14,696,000 33.7%
Capital Outlays $506,000 1.2%
Other / Operations $3,854,000 8.8%
Total Expenditure $43,558,000 100.0%

Financial Comparison & Trends Chart

$0$8,750$17,500$26,250$35,000FY 2020 Revenue/Student: $22,748$22,748FY 2020 Expenditure/Student: $21,478$21,478FY 20201,602 stdsFY 2021 Revenue/Student: $24,782$24,782FY 2021 Expenditure/Student: $22,907$22,907FY 20211,504 stdsFY 2022 Revenue/Student: $26,212$26,212FY 2022 Expenditure/Student: $24,378$24,378FY 20221,557 stdsFY 2023 Revenue/Student: $27,493$27,493FY 2023 Expenditure/Student: $26,166$26,166FY 20231,534 stdsFY 2024 Revenue/Student: $29,320$29,320FY 2024 Expenditure/Student: $29,611$29,611FY 20241,471 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $29,611

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,471 $43,129,000 $43,558,000 $24,502,000 $506,000 $8,565,000
FY 2023 1,534 $42,174,000 $40,138,000 $23,358,000 $765,000 $10,430,000
FY 2022 1,557 $40,812,000 $37,957,000 $22,034,000 $601,000 $12,350,000
FY 2021 1,504 $37,272,000 $34,452,000 $19,174,000 $602,000 $14,250,000
FY 2020 1,602 $36,442,000 $34,407,000 $20,133,000 $247,000 $15,350,000