NJ
Regular Public School District
2 Schools
Lower Cape May Regional School District
Cape May, NJ 08204
•
Cape May County
•
2 Operating Schools
(609) 884-3475
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 1,164 students
Total Revenue
$39,642,000
Total Expenditure
$46,862,000
Classroom Instruction
$21,769,000
Outstanding Debt
$17,842,000
Revenue Sources
| State Government Funds | $11,268,000 | 28.4% | |
| Local Taxes & Fees | $26,163,000 | 66% | |
| Federal Aid | $2,211,000 | 5.6% | |
| Total Revenue | $39,642,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $21,769,000 | 46.5% | |
| Support Services | $12,423,000 | 26.5% | |
| Capital Outlays | $8,738,000 | 18.6% | |
| Other / Operations | $3,932,000 | 8.4% | |
| Total Expenditure | $46,862,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $42,459
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 1,164 | $39,642,000 | $46,862,000 | $21,769,000 | $8,738,000 | $17,842,000 |
| FY 2023 | 1,225 | $43,048,000 | $52,012,000 | $23,096,000 | $12,965,000 | $18,867,000 |
| FY 2022 | 1,231 | $43,084,000 | $40,778,000 | $21,528,000 | $4,389,000 | $19,267,000 |
| FY 2021 | 1,262 | $38,956,000 | $35,718,000 | $18,808,000 | $2,348,000 | $6,287,000 |
| FY 2020 | 1,321 | $38,347,000 | $34,745,000 | $18,597,000 | $1,872,000 | $7,217,000 |