NJ
Regular Public School District
3 Schools
Somerset Hills Regional School District
Bernardsville, NJ 07924
•
Somerset County
•
3 Operating Schools
(908) 204-1930
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 1,699 students
Total Revenue
$58,852,000
Total Expenditure
$56,630,000
Classroom Instruction
$31,171,000
Outstanding Debt
$10,919,000
Revenue Sources
| State Government Funds | $12,649,000 | 21.5% | |
| Local Taxes & Fees | $45,032,000 | 76.5% | |
| Federal Aid | $1,171,000 | 2% | |
| Total Revenue | $58,852,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $31,171,000 | 55% | |
| Support Services | $20,232,000 | 35.7% | |
| Capital Outlays | $2,695,000 | 4.8% | |
| Other / Operations | $2,532,000 | 4.5% | |
| Total Expenditure | $56,630,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $34,639
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 1,699 | $58,852,000 | $56,630,000 | $31,171,000 | $2,695,000 | $10,919,000 |
| FY 2023 | 1,761 | $56,891,000 | $53,932,000 | $30,434,000 | $847,000 | $13,529,000 |
| FY 2022 | 1,759 | $56,137,000 | $51,570,000 | $29,436,000 | $452,000 | $15,944,000 |
| FY 2021 | 1,797 | $51,399,000 | $46,879,000 | $26,726,000 | $585,000 | $19,779,000 |
| FY 2020 | 1,953 | $48,977,000 | $46,279,000 | $26,265,000 | $656,000 | $22,214,000 |