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NJ Regular Public School District 1 Schools

Red Bank Regional School District

Little Silver, NJ 07739 • Monmouth County • 1 Operating Schools
(732) 842-8000
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,377 students
Census F-33 • FY 2024
Total Revenue
$44,681,000
Total Expenditure
$43,068,000
Classroom Instruction
$24,186,000
Outstanding Debt
$17,280,000

Revenue Sources

State Government Funds: $10,511,000 (23.5%) Local Taxes & Fees: $32,367,000 (72.4%) Federal Aid: $1,803,000 (4%)
State Government Funds $10,511,000 23.5%
Local Taxes & Fees $32,367,000 72.4%
Federal Aid $1,803,000 4%
Total Revenue $44,681,000 100.0%

Expenditure Allocation

Classroom Instruction: $24,186,000 (56.2%) Support Services: $13,208,000 (30.7%) Capital Outlays: $1,537,000 (3.6%) Other / Operations: $4,137,000 (9.6%)
Classroom Instruction $24,186,000 56.2%
Support Services $13,208,000 30.7%
Capital Outlays $1,537,000 3.6%
Other / Operations $4,137,000 9.6%
Total Expenditure $43,068,000 100.0%

Financial Comparison & Trends Chart

$0$9,500$19,000$28,500$38,000FY 2020 Revenue/Student: $26,657$26,657FY 2020 Expenditure/Student: $29,988$29,988FY 20201,290 stdsFY 2021 Revenue/Student: $28,887$28,887FY 2021 Expenditure/Student: $32,135$32,135FY 20211,314 stdsFY 2022 Revenue/Student: $31,579$31,579FY 2022 Expenditure/Student: $29,304$29,304FY 20221,304 stdsFY 2023 Revenue/Student: $30,075$30,075FY 2023 Expenditure/Student: $28,718$28,718FY 20231,392 stdsFY 2024 Revenue/Student: $32,448$32,448FY 2024 Expenditure/Student: $31,277$31,277FY 20241,377 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $32,448

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,377 $44,681,000 $43,068,000 $24,186,000 $1,537,000 $17,280,000
FY 2023 1,392 $41,864,000 $39,976,000 $22,441,000 $1,229,000 $18,055,000
FY 2022 1,304 $41,179,000 $38,213,000 $21,334,000 $1,646,000 $18,800,000
FY 2021 1,314 $37,958,000 $42,226,000 $19,210,000 $9,303,000 $20,015,000
FY 2020 1,290 $34,387,000 $38,684,000 $18,403,000 $7,618,000 $20,690,000