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NJ Regular Public School District 7 Schools

Lawrence Township Public School District

Lawrenceville, NJ 08648 • Mercer County • 7 Operating Schools
(609) 671-5500
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 3,758 students
Census F-33 • FY 2024
Total Revenue
$113,042,000
Total Expenditure
$109,517,000
Classroom Instruction
$59,778,000
Outstanding Debt
$23,530,000

Revenue Sources

State Government Funds: $28,432,000 (25.2%) Local Taxes & Fees: $80,281,000 (71%) Federal Aid: $4,329,000 (3.8%)
State Government Funds $28,432,000 25.2%
Local Taxes & Fees $80,281,000 71%
Federal Aid $4,329,000 3.8%
Total Revenue $113,042,000 100.0%

Expenditure Allocation

Classroom Instruction: $59,778,000 (54.6%) Support Services: $40,154,000 (36.7%) Capital Outlays: $1,619,000 (1.5%) Other / Operations: $7,966,000 (7.3%)
Classroom Instruction $59,778,000 54.6%
Support Services $40,154,000 36.7%
Capital Outlays $1,619,000 1.5%
Other / Operations $7,966,000 7.3%
Total Expenditure $109,517,000 100.0%

Financial Comparison & Trends Chart

$0$8,750$17,500$26,250$35,000FY 2020 Revenue/Student: $24,145$24,145FY 2020 Expenditure/Student: $25,266$25,266FY 20203,880 stdsFY 2021 Revenue/Student: $26,680$26,680FY 2021 Expenditure/Student: $26,346$26,346FY 20213,707 stdsFY 2022 Revenue/Student: $29,239$29,239FY 2022 Expenditure/Student: $28,078$28,078FY 20223,680 stdsFY 2023 Revenue/Student: $29,665$29,665FY 2023 Expenditure/Student: $29,243$29,243FY 20233,711 stdsFY 2024 Revenue/Student: $30,080$30,080FY 2024 Expenditure/Student: $29,142$29,142FY 20243,758 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $30,080

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 3,758 $113,042,000 $109,517,000 $59,778,000 $1,619,000 $23,530,000
FY 2023 3,711 $110,087,000 $108,520,000 $59,263,000 $4,116,000 $26,050,000
FY 2022 3,680 $107,598,000 $103,328,000 $58,846,000 $2,140,000 $30,212,000
FY 2021 3,707 $98,901,000 $97,665,000 $51,527,000 $6,810,000 $34,136,000
FY 2020 3,880 $93,681,000 $98,033,000 $48,939,000 $8,943,000 $37,695,000