NJ
Regular Public School District
2 Schools
Medford Lakes School District
Medford Lakes, NJ 08055
•
Burlington County
•
2 Operating Schools
(609) 654-5155
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 487 students
Total Revenue
$11,332,000
Total Expenditure
$11,157,000
Classroom Instruction
$6,937,000
Outstanding Debt
$2,114,000
Revenue Sources
| State Government Funds | $3,643,000 | 32.1% | |
| Local Taxes & Fees | $7,240,000 | 63.9% | |
| Federal Aid | $449,000 | 4% | |
| Total Revenue | $11,332,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $6,937,000 | 62.2% | |
| Support Services | $3,951,000 | 35.4% | |
| Capital Outlays | $35,000 | 0.3% | |
| Other / Operations | $234,000 | 2.1% | |
| Total Expenditure | $11,157,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $24,006
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 487 | $11,332,000 | $11,157,000 | $6,937,000 | $35,000 | $2,114,000 |
| FY 2023 | 484 | $11,619,000 | $10,869,000 | $6,909,000 | $103,000 | $2,314,000 |
| FY 2022 | 485 | $11,081,000 | $10,195,000 | $6,540,000 | $34,000 | $2,514,000 |
| FY 2021 | 486 | $10,241,000 | $9,189,000 | $5,813,000 | $19,000 | $3,064,000 |
| FY 2020 | 527 | $9,964,000 | $8,911,000 | $5,596,000 | $61,000 | $3,589,000 |