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NJ Regular Public School District 23 Schools

Hamilton Township Public School District

Hamilton, NJ 08690 • Mercer County • 23 Operating Schools
(609) 631-4100
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 12,377 students
Census F-33 • FY 2024
Total Revenue
$316,152,000
Total Expenditure
$305,935,000
Classroom Instruction
$172,108,000
Outstanding Debt
$51,780,000

Revenue Sources

State Government Funds: $164,739,000 (52.1%) Local Taxes & Fees: $134,340,000 (42.5%) Federal Aid: $17,073,000 (5.4%)
State Government Funds $164,739,000 52.1%
Local Taxes & Fees $134,340,000 42.5%
Federal Aid $17,073,000 5.4%
Total Revenue $316,152,000 100.0%

Expenditure Allocation

Classroom Instruction: $172,108,000 (56.3%) Support Services: $112,171,000 (36.7%) Capital Outlays: $9,248,000 (3%) Other / Operations: $12,408,000 (4.1%)
Classroom Instruction $172,108,000 56.3%
Support Services $112,171,000 36.7%
Capital Outlays $9,248,000 3%
Other / Operations $12,408,000 4.1%
Total Expenditure $305,935,000 100.0%

Financial Comparison & Trends Chart

$0$7,500$15,000$22,500$30,000FY 2020 Revenue/Student: $20,749$20,749FY 2020 Expenditure/Student: $21,544$21,544FY 202011,841 stdsFY 2021 Revenue/Student: $21,895$21,895FY 2021 Expenditure/Student: $22,496$22,496FY 202111,678 stdsFY 2022 Revenue/Student: $23,925$23,925FY 2022 Expenditure/Student: $23,530$23,530FY 202211,816 stdsFY 2023 Revenue/Student: $24,897$24,897FY 2023 Expenditure/Student: $24,181$24,181FY 202312,096 stdsFY 2024 Revenue/Student: $25,544$25,544FY 2024 Expenditure/Student: $24,718$24,718FY 202412,377 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $25,544

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 12,377 $316,152,000 $305,935,000 $172,108,000 $9,248,000 $51,780,000
FY 2023 12,096 $301,152,000 $292,499,000 $170,550,000 $6,516,000 $56,760,000
FY 2022 11,816 $282,703,000 $278,026,000 $159,581,000 $8,631,000 $61,600,000
FY 2021 11,678 $255,692,000 $262,704,000 $141,016,000 $19,939,000 $67,420,000
FY 2020 11,841 $245,685,000 $255,108,000 $136,137,000 $22,611,000 $73,145,000