NJ
Regular Public School District
1 Schools
Folsom Borough School District
Folsom, NJ 08037
•
Atlantic County
•
1 Operating Schools
(609) 561-8666
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 385 students
Total Revenue
$12,489,000
Total Expenditure
$14,587,000
Classroom Instruction
$7,364,000
Outstanding Debt
$3,829,000
Revenue Sources
| State Government Funds | $9,198,000 | 73.6% | |
| Local Taxes & Fees | $2,541,000 | 20.3% | |
| Federal Aid | $750,000 | 6% | |
| Total Revenue | $12,489,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $7,364,000 | 50.5% | |
| Support Services | $3,313,000 | 22.7% | |
| Capital Outlays | $2,377,000 | 16.3% | |
| Other / Operations | $1,533,000 | 10.5% | |
| Total Expenditure | $14,587,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $37,888
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 385 | $12,489,000 | $14,587,000 | $7,364,000 | $2,377,000 | $3,829,000 |
| FY 2023 | 384 | $11,920,000 | $11,792,000 | $7,292,000 | $116,000 | $4,034,000 |
| FY 2022 | 389 | $10,587,000 | $10,083,000 | $5,196,000 | $23,000 | $405,000 |
| FY 2021 | 392 | $10,223,000 | $9,690,000 | $4,874,000 | $1,000 | $595,000 |
| FY 2020 | 393 | $9,709,000 | $9,649,000 | $4,653,000 | $29,000 | $780,000 |