NJ
Regular Public School District
1 Schools
Milford Borough School District
Milford, NJ 08848
•
Hunterdon County
•
1 Operating Schools
(908) 995-4349
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 70 students
Total Revenue
$3,087,000
Total Expenditure
$2,615,000
Classroom Instruction
$1,194,000
Outstanding Debt
$40,000
Revenue Sources
| State Government Funds | $731,000 | 23.7% | |
| Local Taxes & Fees | $2,175,000 | 70.5% | |
| Federal Aid | $181,000 | 5.9% | |
| Total Revenue | $3,087,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $1,194,000 | 45.7% | |
| Support Services | $1,000,000 | 38.2% | |
| Capital Outlays | $155,000 | 5.9% | |
| Other / Operations | $266,000 | 10.2% | |
| Total Expenditure | $2,615,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $53,208
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 70 | $3,087,000 | $2,615,000 | $1,194,000 | $155,000 | $40,000 |
| FY 2023 | 64 | $3,184,000 | $2,423,000 | $1,182,000 | $38,000 | $80,000 |
| FY 2022 | 58 | $2,830,000 | $2,384,000 | $1,216,000 | $16,000 | $120,000 |
| FY 2021 | 53 | $2,820,000 | $2,208,000 | $1,161,000 | $0 | $155,000 |
| FY 2020 | 61 | $2,680,000 | $2,271,000 | $1,172,000 | $2,000 | $190,000 |