NJ
Regular Public School District
5 Schools
Montgomery Township School District
Skillman, NJ 08558
•
Somerset County
•
5 Operating Schools
(609) 466-7600
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 4,529 students
Total Revenue
$135,209,000
Total Expenditure
$129,440,000
Classroom Instruction
$74,255,000
Outstanding Debt
$33,312,000
Revenue Sources
| State Government Funds | $32,352,000 | 23.9% | |
| Local Taxes & Fees | $99,302,000 | 73.4% | |
| Federal Aid | $3,555,000 | 2.6% | |
| Total Revenue | $135,209,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $74,255,000 | 57.4% | |
| Support Services | $47,566,000 | 36.7% | |
| Capital Outlays | $1,248,000 | 1% | |
| Other / Operations | $6,371,000 | 4.9% | |
| Total Expenditure | $129,440,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $29,854
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 4,529 | $135,209,000 | $129,440,000 | $74,255,000 | $1,248,000 | $33,312,000 |
| FY 2023 | 4,611 | $131,336,000 | $124,855,000 | $71,477,000 | $2,824,000 | $39,752,000 |
| FY 2022 | 4,570 | $126,325,000 | $118,094,000 | $69,336,000 | $1,862,000 | $46,044,000 |
| FY 2021 | 4,498 | $115,645,000 | $103,922,000 | $62,333,000 | $1,406,000 | $52,077,000 |
| FY 2020 | 4,701 | $109,954,000 | $102,638,000 | $60,103,000 | $932,000 | $59,140,000 |