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NJ Regular Public School District 8 Schools

Monroe Township School District

MONROE TOWNSHIP, NJ 08831 • Middlesex County • 8 Operating Schools
(732) 521-1500
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 6,906 students
Census F-33 • FY 2024
Total Revenue
$181,004,000
Total Expenditure
$173,775,000
Classroom Instruction
$102,540,000
Outstanding Debt
$87,090,000

Revenue Sources

State Government Funds: $41,897,000 (23.1%) Local Taxes & Fees: $136,240,000 (75.3%) Federal Aid: $2,867,000 (1.6%)
State Government Funds $41,897,000 23.1%
Local Taxes & Fees $136,240,000 75.3%
Federal Aid $2,867,000 1.6%
Total Revenue $181,004,000 100.0%

Expenditure Allocation

Classroom Instruction: $102,540,000 (59%) Support Services: $58,892,000 (33.9%) Capital Outlays: $1,316,000 (0.8%) Other / Operations: $11,027,000 (6.3%)
Classroom Instruction $102,540,000 59%
Support Services $58,892,000 33.9%
Capital Outlays $1,316,000 0.8%
Other / Operations $11,027,000 6.3%
Total Expenditure $173,775,000 100.0%

Financial Comparison & Trends Chart

$0$7,750$15,500$23,250$31,000FY 2020 Revenue/Student: $21,499$21,499FY 2020 Expenditure/Student: $20,706$20,706FY 20206,895 stdsFY 2021 Revenue/Student: $22,278$22,278FY 2021 Expenditure/Student: $20,636$20,636FY 20216,965 stdsFY 2022 Revenue/Student: $24,839$24,839FY 2022 Expenditure/Student: $23,889$23,889FY 20226,886 stdsFY 2023 Revenue/Student: $25,347$25,347FY 2023 Expenditure/Student: $24,919$24,919FY 20236,948 stdsFY 2024 Revenue/Student: $26,210$26,210FY 2024 Expenditure/Student: $25,163$25,163FY 20246,906 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $26,210

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 6,906 $181,004,000 $173,775,000 $102,540,000 $1,316,000 $87,090,000
FY 2023 6,948 $176,111,000 $173,135,000 $101,799,000 $1,283,000 $95,735,000
FY 2022 6,886 $171,041,000 $164,500,000 $96,900,000 $2,171,000 $103,750,000
FY 2021 6,965 $155,163,000 $143,728,000 $87,005,000 $1,693,000 $111,135,000
FY 2020 6,895 $148,237,000 $142,771,000 $81,712,000 $1,868,000 $118,365,000