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NJ Regular Public School District 1 Schools

Gibbsboro Elementary School District

Gibbsboro, NJ 08026 • Camden County • 1 Operating Schools
(856) 783-1140
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 280 students
Census F-33 • FY 2024
Total Revenue
$8,732,000
Total Expenditure
$8,457,000
Classroom Instruction
$5,214,000
Outstanding Debt
$1,015,000

Revenue Sources

State Government Funds: $4,472,000 (51.2%) Local Taxes & Fees: $3,967,000 (45.4%) Federal Aid: $293,000 (3.4%)
State Government Funds $4,472,000 51.2%
Local Taxes & Fees $3,967,000 45.4%
Federal Aid $293,000 3.4%
Total Revenue $8,732,000 100.0%

Expenditure Allocation

Classroom Instruction: $5,214,000 (61.7%) Support Services: $2,876,000 (34%) Capital Outlays: $27,000 (0.3%) Other / Operations: $340,000 (4%)
Classroom Instruction $5,214,000 61.7%
Support Services $2,876,000 34%
Capital Outlays $27,000 0.3%
Other / Operations $340,000 4%
Total Expenditure $8,457,000 100.0%

Financial Comparison & Trends Chart

$0$9,000$18,000$27,000$36,000FY 2020 Revenue/Student: $21,275$21,275FY 2020 Expenditure/Student: $20,842$20,842FY 2020265 stdsFY 2021 Revenue/Student: $22,033$22,033FY 2021 Expenditure/Student: $21,349$21,349FY 2021275 stdsFY 2022 Revenue/Student: $23,780$23,780FY 2022 Expenditure/Student: $23,861$23,861FY 2022287 stdsFY 2023 Revenue/Student: $28,210$28,210FY 2023 Expenditure/Student: $27,776$27,776FY 2023281 stdsFY 2024 Revenue/Student: $31,186$31,186FY 2024 Expenditure/Student: $30,204$30,204FY 2024280 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $31,186

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 280 $8,732,000 $8,457,000 $5,214,000 $27,000 $1,015,000
FY 2023 281 $7,927,000 $7,805,000 $4,935,000 $140,000 $1,195,000
FY 2022 287 $6,825,000 $6,848,000 $4,391,000 $49,000 $1,370,000
FY 2021 275 $6,059,000 $5,871,000 $3,722,000 $62,000 $1,540,000
FY 2020 265 $5,638,000 $5,523,000 $3,456,000 $5,000 $1,700,000