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NJ Regular Public School District 4 Schools

Metuchen Public School District

Metuchen, NJ 08840 • Middlesex County • 4 Operating Schools
(732) 321-8700
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 2,303 students
Census F-33 • FY 2024
Total Revenue
$69,076,000
Total Expenditure
$64,846,000
Classroom Instruction
$36,069,000
Outstanding Debt
$87,856,000

Revenue Sources

State Government Funds: $14,856,000 (21.5%) Local Taxes & Fees: $52,240,000 (75.6%) Federal Aid: $1,980,000 (2.9%)
State Government Funds $14,856,000 21.5%
Local Taxes & Fees $52,240,000 75.6%
Federal Aid $1,980,000 2.9%
Total Revenue $69,076,000 100.0%

Expenditure Allocation

Classroom Instruction: $36,069,000 (55.6%) Support Services: $19,908,000 (30.7%) Capital Outlays: $6,778,000 (10.5%) Other / Operations: $2,091,000 (3.2%)
Classroom Instruction $36,069,000 55.6%
Support Services $19,908,000 30.7%
Capital Outlays $6,778,000 10.5%
Other / Operations $2,091,000 3.2%
Total Expenditure $64,846,000 100.0%

Financial Comparison & Trends Chart

$0$8,750$17,500$26,250$35,000FY 2020 Revenue/Student: $22,077$22,077FY 2020 Expenditure/Student: $20,260$20,260FY 20202,300 stdsFY 2021 Revenue/Student: $23,348$23,348FY 2021 Expenditure/Student: $21,380$21,380FY 20212,305 stdsFY 2022 Revenue/Student: $25,687$25,687FY 2022 Expenditure/Student: $23,917$23,917FY 20222,276 stdsFY 2023 Revenue/Student: $25,675$25,675FY 2023 Expenditure/Student: $24,601$24,601FY 20232,302 stdsFY 2024 Revenue/Student: $29,994$29,994FY 2024 Expenditure/Student: $28,157$28,157FY 20242,303 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $29,994

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 2,303 $69,076,000 $64,846,000 $36,069,000 $6,778,000 $87,856,000
FY 2023 2,302 $59,105,000 $56,632,000 $34,565,000 $1,427,000 $90,046,000
FY 2022 2,276 $58,463,000 $54,434,000 $32,729,000 $1,464,000 $9,945,000
FY 2021 2,305 $53,818,000 $49,282,000 $30,539,000 $853,000 $12,005,000
FY 2020 2,300 $50,778,000 $46,599,000 $28,157,000 $1,115,000 $13,980,000