NJ
Regular Public School District
3 Schools
Freehold Borough School District
Freehold, NJ 07728
•
Monmouth County
•
3 Operating Schools
(732) 761-2100
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 1,608 students
Total Revenue
$55,880,000
Total Expenditure
$53,611,000
Classroom Instruction
$33,097,000
Outstanding Debt
$12,530,000
Revenue Sources
| State Government Funds | $35,407,000 | 63.4% | |
| Local Taxes & Fees | $11,403,000 | 20.4% | |
| Federal Aid | $9,070,000 | 16.2% | |
| Total Revenue | $55,880,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $33,097,000 | 61.7% | |
| Support Services | $14,248,000 | 26.6% | |
| Capital Outlays | $1,865,000 | 3.5% | |
| Other / Operations | $4,401,000 | 8.2% | |
| Total Expenditure | $53,611,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $34,751
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 1,608 | $55,880,000 | $53,611,000 | $33,097,000 | $1,865,000 | $12,530,000 |
| FY 2023 | 1,641 | $49,092,000 | $46,412,000 | $27,608,000 | $605,000 | $13,355,000 |
| FY 2022 | 1,617 | $44,159,000 | $42,435,000 | $24,819,000 | $1,293,000 | $14,165,000 |
| FY 2021 | 1,657 | $37,861,000 | $36,892,000 | $21,818,000 | $1,108,000 | $14,955,000 |
| FY 2020 | 1,675 | $35,201,000 | $35,394,000 | $20,079,000 | $1,646,000 | $15,725,000 |