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NJ Regular Public School District 5 Schools

Pittsgrove Township School District

PITTSGROVE, NJ 08318 • Salem County • 5 Operating Schools
(856) 358-3094
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,680 students
Census F-33 • FY 2024
Total Revenue
$49,026,000
Total Expenditure
$46,437,000
Classroom Instruction
$23,846,000
Outstanding Debt
$15,400,000

Revenue Sources

State Government Funds: $28,393,000 (57.9%) Local Taxes & Fees: $17,604,000 (35.9%) Federal Aid: $3,029,000 (6.2%)
State Government Funds $28,393,000 57.9%
Local Taxes & Fees $17,604,000 35.9%
Federal Aid $3,029,000 6.2%
Total Revenue $49,026,000 100.0%

Expenditure Allocation

Classroom Instruction: $23,846,000 (51.4%) Support Services: $17,466,000 (37.6%) Capital Outlays: $2,199,000 (4.7%) Other / Operations: $2,926,000 (6.3%)
Classroom Instruction $23,846,000 51.4%
Support Services $17,466,000 37.6%
Capital Outlays $2,199,000 4.7%
Other / Operations $2,926,000 6.3%
Total Expenditure $46,437,000 100.0%

Financial Comparison & Trends Chart

$0$8,500$17,000$25,500$34,000FY 2020 Revenue/Student: $22,170$22,170FY 2020 Expenditure/Student: $21,174$21,174FY 20201,732 stdsFY 2021 Revenue/Student: $23,863$23,863FY 2021 Expenditure/Student: $22,500$22,500FY 20211,715 stdsFY 2022 Revenue/Student: $26,065$26,065FY 2022 Expenditure/Student: $25,324$25,324FY 20221,686 stdsFY 2023 Revenue/Student: $26,700$26,700FY 2023 Expenditure/Student: $26,094$26,094FY 20231,695 stdsFY 2024 Revenue/Student: $29,182$29,182FY 2024 Expenditure/Student: $27,641$27,641FY 20241,680 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $29,182

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,680 $49,026,000 $46,437,000 $23,846,000 $2,199,000 $15,400,000
FY 2023 1,695 $45,257,000 $44,229,000 $23,230,000 $2,355,000 $1,485,000
FY 2022 1,686 $43,945,000 $42,696,000 $20,845,000 $3,098,000 $2,185,000
FY 2021 1,715 $40,925,000 $38,587,000 $20,018,000 $1,416,000 $2,875,000
FY 2020 1,732 $38,398,000 $36,673,000 $19,010,000 $732,000 $3,570,000