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NJ Specialized Public School District 1 Schools

Gloucester County Vocational-Technical School District

Sewell, NJ 08080 • Gloucester County • 1 Operating Schools
(856) 468-1445
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,597 students
Census F-33 • FY 2024
Total Revenue
$42,131,000
Total Expenditure
$39,843,000
Classroom Instruction
$21,827,000
Outstanding Debt
$23,607,000

Revenue Sources

State Government Funds: $21,771,000 (51.7%) Local Taxes & Fees: $18,843,000 (44.7%) Federal Aid: $1,517,000 (3.6%)
State Government Funds $21,771,000 51.7%
Local Taxes & Fees $18,843,000 44.7%
Federal Aid $1,517,000 3.6%
Total Revenue $42,131,000 100.0%

Expenditure Allocation

Classroom Instruction: $21,827,000 (54.8%) Support Services: $13,608,000 (34.2%) Capital Outlays: $1,723,000 (4.3%) Other / Operations: $2,685,000 (6.7%)
Classroom Instruction $21,827,000 54.8%
Support Services $13,608,000 34.2%
Capital Outlays $1,723,000 4.3%
Other / Operations $2,685,000 6.7%
Total Expenditure $39,843,000 100.0%

Financial Comparison & Trends Chart

$0$9,000$18,000$27,000$36,000FY 2020 Revenue/Student: $20,076$20,076FY 2020 Expenditure/Student: $20,543$20,543FY 20201,477 stdsFY 2021 Revenue/Student: $21,796$21,796FY 2021 Expenditure/Student: $25,786$25,786FY 20211,513 stdsFY 2022 Revenue/Student: $24,665$24,665FY 2022 Expenditure/Student: $30,993$30,993FY 20221,560 stdsFY 2023 Revenue/Student: $25,414$25,414FY 2023 Expenditure/Student: $24,194$24,194FY 20231,561 stdsFY 2024 Revenue/Student: $26,381$26,381FY 2024 Expenditure/Student: $24,949$24,949FY 20241,597 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $30,993

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,597 $42,131,000 $39,843,000 $21,827,000 $1,723,000 $23,607,000
FY 2023 1,561 $39,671,000 $37,767,000 $20,225,000 $2,554,000 $26,681,000
FY 2022 1,560 $38,477,000 $48,349,000 $18,432,000 $15,773,000 $29,644,000
FY 2021 1,513 $32,978,000 $39,014,000 $15,927,000 $10,188,000 $29,468,000
FY 2020 1,477 $29,652,000 $30,342,000 $14,326,000 $3,773,000 $32,826,000