NJ
Regular Public School District
9 Schools
Hillsborough Township Public School District
Hillsborough, NJ 08844
•
Somerset County
•
9 Operating Schools
(908) 431-6600
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 7,263 students
Total Revenue
$180,417,000
Total Expenditure
$179,633,000
Classroom Instruction
$101,055,000
Outstanding Debt
$32,425,000
Revenue Sources
| State Government Funds | $56,845,000 | 31.5% | |
| Local Taxes & Fees | $117,437,000 | 65.1% | |
| Federal Aid | $6,135,000 | 3.4% | |
| Total Revenue | $180,417,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $101,055,000 | 56.3% | |
| Support Services | $66,786,000 | 37.2% | |
| Capital Outlays | $2,744,000 | 1.5% | |
| Other / Operations | $9,048,000 | 5% | |
| Total Expenditure | $179,633,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $24,897
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 7,263 | $180,417,000 | $179,633,000 | $101,055,000 | $2,744,000 | $32,425,000 |
| FY 2023 | 7,265 | $173,018,000 | $172,474,000 | $98,283,000 | $3,305,000 | $33,940,000 |
| FY 2022 | 7,243 | $170,550,000 | $180,329,000 | $95,077,000 | $18,982,000 | $35,416,000 |
| FY 2021 | 7,288 | $159,633,000 | $168,363,000 | $91,074,000 | $20,615,000 | $37,136,000 |
| FY 2020 | 7,489 | $152,900,000 | $146,911,000 | $86,509,000 | $2,592,000 | $4,210,000 |