NJ
Regular Public School District
2 Schools
Margate City School District
Margate, NJ 08402
•
Atlantic County
•
2 Operating Schools
(609) 822-1447
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 317 students
Total Revenue
$19,114,000
Total Expenditure
$16,664,000
Classroom Instruction
$9,438,000
Outstanding Debt
$6,500,000
Revenue Sources
| State Government Funds | $3,509,000 | 18.4% | |
| Local Taxes & Fees | $14,825,000 | 77.6% | |
| Federal Aid | $780,000 | 4.1% | |
| Total Revenue | $19,114,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $9,438,000 | 56.6% | |
| Support Services | $4,858,000 | 29.2% | |
| Capital Outlays | $614,000 | 3.7% | |
| Other / Operations | $1,754,000 | 10.5% | |
| Total Expenditure | $16,664,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $60,297
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 317 | $19,114,000 | $16,664,000 | $9,438,000 | $614,000 | $6,500,000 |
| FY 2023 | 336 | $15,937,000 | $15,651,000 | $9,298,000 | $330,000 | $1,725,000 |
| FY 2022 | 364 | $16,617,000 | $18,522,000 | $9,227,000 | $3,192,000 | $1,875,000 |
| FY 2021 | 382 | $16,272,000 | $14,440,000 | $7,821,000 | $333,000 | $3,205,000 |
| FY 2020 | 360 | $15,929,000 | $13,456,000 | $7,413,000 | $284,000 | $4,535,000 |