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NJ Regular Public School District 2 Schools

High Bridge Borough School District

HIGH BRIDGE, NJ 08829 • Hunterdon County • 2 Operating Schools
(908) 638-4105
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 351 students
Census F-33 • FY 2024
Total Revenue
$12,376,000
Total Expenditure
$11,970,000
Classroom Instruction
$6,570,000
Outstanding Debt
$1,015,000

Revenue Sources

State Government Funds: $4,157,000 (33.6%) Local Taxes & Fees: $7,720,000 (62.4%) Federal Aid: $499,000 (4%)
State Government Funds $4,157,000 33.6%
Local Taxes & Fees $7,720,000 62.4%
Federal Aid $499,000 4%
Total Revenue $12,376,000 100.0%

Expenditure Allocation

Classroom Instruction: $6,570,000 (54.9%) Support Services: $4,773,000 (39.9%) Capital Outlays: $358,000 (3%) Other / Operations: $269,000 (2.2%)
Classroom Instruction $6,570,000 54.9%
Support Services $4,773,000 39.9%
Capital Outlays $358,000 3%
Other / Operations $269,000 2.2%
Total Expenditure $11,970,000 100.0%

Financial Comparison & Trends Chart

$0$10,250$20,500$30,750$41,000FY 2020 Revenue/Student: $28,721$28,721FY 2020 Expenditure/Student: $25,439$25,439FY 2020362 stdsFY 2021 Revenue/Student: $31,586$31,586FY 2021 Expenditure/Student: $27,307$27,307FY 2021362 stdsFY 2022 Revenue/Student: $35,643$35,643FY 2022 Expenditure/Student: $30,824$30,824FY 2022347 stdsFY 2023 Revenue/Student: $34,823$34,823FY 2023 Expenditure/Student: $31,528$31,528FY 2023356 stdsFY 2024 Revenue/Student: $35,259$35,259FY 2024 Expenditure/Student: $34,103$34,103FY 2024351 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $35,643

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 351 $12,376,000 $11,970,000 $6,570,000 $358,000 $1,015,000
FY 2023 356 $12,397,000 $11,224,000 $6,759,000 $398,000 $1,480,000
FY 2022 347 $12,368,000 $10,696,000 $6,419,000 $142,000 $1,920,000
FY 2021 362 $11,434,000 $9,885,000 $5,820,000 $94,000 $2,335,000
FY 2020 362 $10,397,000 $9,209,000 $5,258,000 $167,000 $2,730,000