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NJ Regular Public School District 8 Schools

Lakewood Township School District

Lakewood, NJ 08701 • Ocean County • 8 Operating Schools
(732) 364-2400
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 4,694 students
Census F-33 • FY 2024
Total Revenue
$391,488,000
Total Expenditure
$389,480,000
Classroom Instruction
$185,906,000
Outstanding Debt
$23,160,000

Revenue Sources

State Government Funds: $181,037,000 (46.2%) Local Taxes & Fees: $118,998,000 (30.4%) Federal Aid: $91,453,000 (23.4%)
State Government Funds $181,037,000 46.2%
Local Taxes & Fees $118,998,000 30.4%
Federal Aid $91,453,000 23.4%
Total Revenue $391,488,000 100.0%

Expenditure Allocation

Classroom Instruction: $185,906,000 (47.7%) Support Services: $131,748,000 (33.8%) Capital Outlays: $4,136,000 (1.1%) Other / Operations: $67,690,000 (17.4%)
Classroom Instruction $185,906,000 47.7%
Support Services $131,748,000 33.8%
Capital Outlays $4,136,000 1.1%
Other / Operations $67,690,000 17.4%
Total Expenditure $389,480,000 100.0%

Financial Comparison & Trends Chart

$0$24,000$48,000$72,000$96,000FY 2020 Revenue/Student: $42,653$42,653FY 2020 Expenditure/Student: $40,390$40,390FY 20206,007 stdsFY 2021 Revenue/Student: $57,915$57,915FY 2021 Expenditure/Student: $53,546$53,546FY 20215,752 stdsFY 2022 Revenue/Student: $65,960$65,960FY 2022 Expenditure/Student: $59,839$59,839FY 20225,433 stdsFY 2023 Revenue/Student: $72,950$72,950FY 2023 Expenditure/Student: $69,478$69,478FY 20235,023 stdsFY 2024 Revenue/Student: $83,402$83,402FY 2024 Expenditure/Student: $82,974$82,974FY 20244,694 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $83,402

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 4,694 $391,488,000 $389,480,000 $185,906,000 $4,136,000 $23,160,000
FY 2023 5,023 $366,427,000 $348,990,000 $185,197,000 $3,214,000 $24,810,000
FY 2022 5,433 $358,360,000 $325,108,000 $208,495,000 $1,110,000 $26,400,000
FY 2021 5,752 $333,125,000 $307,998,000 $177,004,000 $927,000 $27,925,000
FY 2020 6,007 $256,218,000 $242,625,000 $120,793,000 $770,000 $29,395,000