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NJ Regular Public School District 2 Schools

Northfield City School District

Northfield, NJ 08225 • Atlantic County • 2 Operating Schools
(609) 407-4000
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 947 students
Census F-33 • FY 2024
Total Revenue
$26,418,000
Total Expenditure
$26,016,000
Classroom Instruction
$16,532,000
Outstanding Debt
$1,073,000

Revenue Sources

State Government Funds: $12,108,000 (45.8%) Local Taxes & Fees: $11,755,000 (44.5%) Federal Aid: $2,555,000 (9.7%)
State Government Funds $12,108,000 45.8%
Local Taxes & Fees $11,755,000 44.5%
Federal Aid $2,555,000 9.7%
Total Revenue $26,418,000 100.0%

Expenditure Allocation

Classroom Instruction: $16,532,000 (63.5%) Support Services: $6,021,000 (23.1%) Capital Outlays: $250,000 (1%) Other / Operations: $3,213,000 (12.4%)
Classroom Instruction $16,532,000 63.5%
Support Services $6,021,000 23.1%
Capital Outlays $250,000 1%
Other / Operations $3,213,000 12.4%
Total Expenditure $26,016,000 100.0%

Financial Comparison & Trends Chart

$0$8,250$16,500$24,750$33,000FY 2020 Revenue/Student: $20,254$20,254FY 2020 Expenditure/Student: $19,765$19,765FY 2020973 stdsFY 2021 Revenue/Student: $22,817$22,817FY 2021 Expenditure/Student: $21,893$21,893FY 2021914 stdsFY 2022 Revenue/Student: $25,950$25,950FY 2022 Expenditure/Student: $24,660$24,660FY 2022938 stdsFY 2023 Revenue/Student: $26,826$26,826FY 2023 Expenditure/Student: $25,638$25,638FY 2023931 stdsFY 2024 Revenue/Student: $27,897$27,897FY 2024 Expenditure/Student: $27,472$27,472FY 2024947 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $27,897

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 947 $26,418,000 $26,016,000 $16,532,000 $250,000 $1,073,000
FY 2023 931 $24,975,000 $23,869,000 $14,786,000 $406,000 $1,623,000
FY 2022 938 $24,341,000 $23,131,000 $14,297,000 $142,000 $2,198,000
FY 2021 914 $20,855,000 $20,010,000 $13,365,000 $27,000 $2,798,000
FY 2020 973 $19,707,000 $19,231,000 $12,482,000 $21,000 $3,398,000