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NJ Regular Public School District 1 Schools

Oldmans Township School District

PEDRICKTOWN, NJ 08067 • Salem County • 1 Operating Schools
(856) 299-4240
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 291 students
Census F-33 • FY 2024
Total Revenue
$7,980,000
Total Expenditure
$7,569,000
Classroom Instruction
$3,628,000
Outstanding Debt
$1,850,000

Revenue Sources

State Government Funds: $3,899,000 (48.9%) Local Taxes & Fees: $3,729,000 (46.7%) Federal Aid: $352,000 (4.4%)
State Government Funds $3,899,000 48.9%
Local Taxes & Fees $3,729,000 46.7%
Federal Aid $352,000 4.4%
Total Revenue $7,980,000 100.0%

Expenditure Allocation

Classroom Instruction: $3,628,000 (47.9%) Support Services: $2,741,000 (36.2%) Capital Outlays: $182,000 (2.4%) Other / Operations: $1,018,000 (13.4%)
Classroom Instruction $3,628,000 47.9%
Support Services $2,741,000 36.2%
Capital Outlays $182,000 2.4%
Other / Operations $1,018,000 13.4%
Total Expenditure $7,569,000 100.0%

Financial Comparison & Trends Chart

$0$8,000$16,000$24,000$32,000FY 2020 Revenue/Student: $22,165$22,165FY 2020 Expenditure/Student: $22,391$22,391FY 2020284 stdsFY 2021 Revenue/Student: $23,333$23,333FY 2021 Expenditure/Student: $27,315$27,315FY 2021279 stdsFY 2022 Revenue/Student: $25,024$25,024FY 2022 Expenditure/Student: $22,347$22,347FY 2022294 stdsFY 2023 Revenue/Student: $25,611$25,611FY 2023 Expenditure/Student: $25,862$25,862FY 2023283 stdsFY 2024 Revenue/Student: $27,423$27,423FY 2024 Expenditure/Student: $26,010$26,010FY 2024291 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $27,423

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 291 $7,980,000 $7,569,000 $3,628,000 $182,000 $1,850,000
FY 2023 283 $7,248,000 $7,319,000 $3,505,000 $244,000 $1,940,000
FY 2022 294 $7,357,000 $6,570,000 $3,460,000 $70,000 $2,030,000
FY 2021 279 $6,510,000 $7,621,000 $3,112,000 $1,576,000 $2,179,000
FY 2020 284 $6,295,000 $6,359,000 $2,968,000 $420,000 $2,254,000