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NJ Specialized Public School District 1 Schools

Salem County Vocational Technical School District

Woodstown, NJ 08098 • Salem County • 1 Operating Schools
(856) 769-0101
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 695 students
Census F-33 • FY 2024
Total Revenue
$24,211,000
Total Expenditure
$22,643,000
Classroom Instruction
$13,734,000
Outstanding Debt
$8,665,000

Revenue Sources

State Government Funds: $15,902,000 (65.7%) Local Taxes & Fees: $6,047,000 (25%) Federal Aid: $2,262,000 (9.3%)
State Government Funds $15,902,000 65.7%
Local Taxes & Fees $6,047,000 25%
Federal Aid $2,262,000 9.3%
Total Revenue $24,211,000 100.0%

Expenditure Allocation

Classroom Instruction: $13,734,000 (60.7%) Support Services: $6,901,000 (30.5%) Capital Outlays: $817,000 (3.6%) Other / Operations: $1,191,000 (5.3%)
Classroom Instruction $13,734,000 60.7%
Support Services $6,901,000 30.5%
Capital Outlays $817,000 3.6%
Other / Operations $1,191,000 5.3%
Total Expenditure $22,643,000 100.0%

Financial Comparison & Trends Chart

$0$10,250$20,500$30,750$41,000FY 2020 Revenue/Student: $22,636$22,636FY 2020 Expenditure/Student: $21,816$21,816FY 2020659 stdsFY 2021 Revenue/Student: $25,417$25,417FY 2021 Expenditure/Student: $34,660$34,660FY 2021647 stdsFY 2022 Revenue/Student: $27,217$27,217FY 2022 Expenditure/Student: $25,380$25,380FY 2022669 stdsFY 2023 Revenue/Student: $23,953$23,953FY 2023 Expenditure/Student: $23,481$23,481FY 2023695 stdsFY 2024 Revenue/Student: $34,836$34,836FY 2024 Expenditure/Student: $32,580$32,580FY 2024695 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $34,836

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 695 $24,211,000 $22,643,000 $13,734,000 $817,000 $8,665,000
FY 2023 695 $16,647,000 $16,319,000 $8,368,000 $1,882,000 $9,185,000
FY 2022 669 $18,208,000 $16,979,000 $9,756,000 $346,000 $9,680,000
FY 2021 647 $16,445,000 $22,425,000 $7,649,000 $8,027,000 $10,150,000
FY 2020 659 $14,917,000 $14,377,000 $7,616,000 $945,000 $2,795,000