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NJ Regular Public School District 3 Schools

Millstone Township School District

Millstone Township, NJ 08535 • Monmouth County • 3 Operating Schools
(732) 786-0950
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,164 students
Census F-33 • FY 2024
Total Revenue
$47,350,000
Total Expenditure
$46,312,000
Classroom Instruction
$19,313,000
Outstanding Debt
$13,300,000

Revenue Sources

State Government Funds: $9,433,000 (19.9%) Local Taxes & Fees: $37,101,000 (78.4%) Federal Aid: $816,000 (1.7%)
State Government Funds $9,433,000 19.9%
Local Taxes & Fees $37,101,000 78.4%
Federal Aid $816,000 1.7%
Total Revenue $47,350,000 100.0%

Expenditure Allocation

Classroom Instruction: $19,313,000 (41.7%) Support Services: $16,762,000 (36.2%) Capital Outlays: $921,000 (2%) Other / Operations: $9,316,000 (20.1%)
Classroom Instruction $19,313,000 41.7%
Support Services $16,762,000 36.2%
Capital Outlays $921,000 2%
Other / Operations $9,316,000 20.1%
Total Expenditure $46,312,000 100.0%

Financial Comparison & Trends Chart

$0$12,250$24,500$36,750$49,000FY 2020 Revenue/Student: $39,390$39,390FY 2020 Expenditure/Student: $36,129$36,129FY 20201,093 stdsFY 2021 Revenue/Student: $42,517$42,517FY 2021 Expenditure/Student: $38,267$38,267FY 20211,042 stdsFY 2022 Revenue/Student: $41,210$41,210FY 2022 Expenditure/Student: $37,256$37,256FY 20221,124 stdsFY 2023 Revenue/Student: $39,246$39,246FY 2023 Expenditure/Student: $38,316$38,316FY 20231,173 stdsFY 2024 Revenue/Student: $40,679$40,679FY 2024 Expenditure/Student: $39,787$39,787FY 20241,164 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $42,517

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,164 $47,350,000 $46,312,000 $19,313,000 $921,000 $13,300,000
FY 2023 1,173 $46,036,000 $44,945,000 $18,614,000 $826,000 $15,460,000
FY 2022 1,124 $46,320,000 $41,876,000 $17,288,000 $618,000 $17,645,000
FY 2021 1,042 $44,303,000 $39,874,000 $15,710,000 $564,000 $19,840,000
FY 2020 1,093 $43,053,000 $39,489,000 $15,267,000 $132,000 $22,015,000