Skip to main content
NJ Regular Public School District 1 Schools

Kingwood Township School District

Frenchtown, NJ 08825 • Hunterdon County • 1 Operating Schools
(908) 996-2941
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 343 students
Census F-33 • FY 2024
Total Revenue
$10,595,000
Total Expenditure
$9,957,000
Classroom Instruction
$5,569,000
Outstanding Debt
$0

Revenue Sources

State Government Funds: $3,131,000 (29.6%) Local Taxes & Fees: $7,002,000 (66.1%) Federal Aid: $462,000 (4.4%)
State Government Funds $3,131,000 29.6%
Local Taxes & Fees $7,002,000 66.1%
Federal Aid $462,000 4.4%
Total Revenue $10,595,000 100.0%

Expenditure Allocation

Classroom Instruction: $5,569,000 (55.9%) Support Services: $3,389,000 (34%) Capital Outlays: $368,000 (3.7%) Other / Operations: $631,000 (6.3%)
Classroom Instruction $5,569,000 55.9%
Support Services $3,389,000 34%
Capital Outlays $368,000 3.7%
Other / Operations $631,000 6.3%
Total Expenditure $9,957,000 100.0%

Financial Comparison & Trends Chart

$0$9,250$18,500$27,750$37,000FY 2020 Revenue/Student: $25,159$25,159FY 2020 Expenditure/Student: $23,708$23,708FY 2020359 stdsFY 2021 Revenue/Student: $27,625$27,625FY 2021 Expenditure/Student: $24,185$24,185FY 2021341 stdsFY 2022 Revenue/Student: $30,161$30,161FY 2022 Expenditure/Student: $26,562$26,562FY 2022329 stdsFY 2023 Revenue/Student: $31,636$31,636FY 2023 Expenditure/Student: $28,259$28,259FY 2023324 stdsFY 2024 Revenue/Student: $30,889$30,889FY 2024 Expenditure/Student: $29,029$29,029FY 2024343 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $31,636

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 343 $10,595,000 $9,957,000 $5,569,000 $368,000 $0
FY 2023 324 $10,250,000 $9,156,000 $5,370,000 $203,000 $235,000
FY 2022 329 $9,923,000 $8,739,000 $5,375,000 $62,000 $465,000
FY 2021 341 $9,420,000 $8,247,000 $4,843,000 $247,000 $685,000
FY 2020 359 $9,032,000 $8,511,000 $4,612,000 $790,000 $900,000