NJ
Regular Public School District
1 Schools
Magnolia School District
Magnolia, NJ 08049
•
Camden County
•
1 Operating Schools
(856) 783-4763
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 406 students
Total Revenue
$11,696,000
Total Expenditure
$11,239,000
Classroom Instruction
$6,856,000
Outstanding Debt
$2,630,000
Revenue Sources
| State Government Funds | $5,818,000 | 49.7% | |
| Local Taxes & Fees | $5,174,000 | 44.2% | |
| Federal Aid | $704,000 | 6% | |
| Total Revenue | $11,696,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $6,856,000 | 61% | |
| Support Services | $3,768,000 | 33.5% | |
| Capital Outlays | $67,000 | 0.6% | |
| Other / Operations | $548,000 | 4.9% | |
| Total Expenditure | $11,239,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $28,847
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 406 | $11,696,000 | $11,239,000 | $6,856,000 | $67,000 | $2,630,000 |
| FY 2023 | 399 | $11,160,000 | $11,510,000 | $6,802,000 | $777,000 | $2,805,000 |
| FY 2022 | 410 | $11,605,000 | $10,806,000 | $6,474,000 | $656,000 | $2,975,000 |
| FY 2021 | 384 | $10,152,000 | $8,904,000 | $5,199,000 | $372,000 | $3,140,000 |
| FY 2020 | 408 | $9,599,000 | $8,754,000 | $5,488,000 | $3,000 | $3,300,000 |