NJ
Specialized Public School District
8 Schools
Monmouth County Vocational School District
Freehold, NJ 07728
•
Monmouth County
•
8 Operating Schools
(732) 431-7942
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 1,564 students
Total Revenue
$57,859,000
Total Expenditure
$61,203,000
Classroom Instruction
$33,876,000
Outstanding Debt
$21,082,000
Revenue Sources
| State Government Funds | $16,285,000 | 28.1% | |
| Local Taxes & Fees | $39,821,000 | 68.8% | |
| Federal Aid | $1,753,000 | 3% | |
| Total Revenue | $57,859,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $33,876,000 | 55.4% | |
| Support Services | $20,263,000 | 33.1% | |
| Capital Outlays | $4,163,000 | 6.8% | |
| Other / Operations | $2,901,000 | 4.7% | |
| Total Expenditure | $61,203,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $39,132
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 1,564 | $57,859,000 | $61,203,000 | $33,876,000 | $4,163,000 | $21,082,000 |
| FY 2023 | 1,545 | $56,815,000 | $56,401,000 | $34,440,000 | $49,000 | $25,050,000 |
| FY 2022 | 1,546 | $56,138,000 | $55,385,000 | $34,159,000 | $197,000 | $26,519,000 |
| FY 2021 | 1,596 | $53,875,000 | $53,766,000 | $32,387,000 | $58,000 | $17,395,000 |
| FY 2020 | 1,603 | $53,685,000 | $51,593,000 | $30,415,000 | $55,000 | $20,737,000 |