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NJ Regular Public School District 2 Schools

Keyport School District

Keyport, NJ 07735 • Monmouth County • 2 Operating Schools
(732) 212-6100
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,004 students
Census F-33 • FY 2024
Total Revenue
$30,457,000
Total Expenditure
$27,939,000
Classroom Instruction
$18,142,000
Outstanding Debt
$13,935,000

Revenue Sources

State Government Funds: $11,478,000 (37.7%) Local Taxes & Fees: $15,980,000 (52.5%) Federal Aid: $2,999,000 (9.8%)
State Government Funds $11,478,000 37.7%
Local Taxes & Fees $15,980,000 52.5%
Federal Aid $2,999,000 9.8%
Total Revenue $30,457,000 100.0%

Expenditure Allocation

Classroom Instruction: $18,142,000 (64.9%) Support Services: $7,758,000 (27.8%) Capital Outlays: $130,000 (0.5%) Other / Operations: $1,909,000 (6.8%)
Classroom Instruction $18,142,000 64.9%
Support Services $7,758,000 27.8%
Capital Outlays $130,000 0.5%
Other / Operations $1,909,000 6.8%
Total Expenditure $27,939,000 100.0%

Financial Comparison & Trends Chart

$0$9,750$19,500$29,250$39,000FY 2020 Revenue/Student: $23,735$23,735FY 2020 Expenditure/Student: $33,786$33,786FY 20201,044 stdsFY 2021 Revenue/Student: $27,686$27,686FY 2021 Expenditure/Student: $28,974$28,974FY 2021960 stdsFY 2022 Revenue/Student: $28,976$28,976FY 2022 Expenditure/Student: $27,993$27,993FY 2022960 stdsFY 2023 Revenue/Student: $30,261$30,261FY 2023 Expenditure/Student: $28,752$28,752FY 2023947 stdsFY 2024 Revenue/Student: $30,336$30,336FY 2024 Expenditure/Student: $27,828$27,828FY 20241,004 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $33,786

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,004 $30,457,000 $27,939,000 $18,142,000 $130,000 $13,935,000
FY 2023 947 $28,657,000 $27,228,000 $16,731,000 $199,000 $14,750,000
FY 2022 960 $27,817,000 $26,873,000 $16,773,000 $423,000 $15,550,000
FY 2021 960 $26,579,000 $27,815,000 $15,653,000 $3,259,000 $16,320,000
FY 2020 1,044 $24,779,000 $35,273,000 $14,408,000 $12,707,000 $16,635,000