NJ
Regular Public School District
3 Schools
Somerville Public School District
Somerville, NJ 08876
•
Somerset County
•
3 Operating Schools
(908) 218-4100
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 2,182 students
Total Revenue
$68,025,000
Total Expenditure
$63,019,000
Classroom Instruction
$37,865,000
Outstanding Debt
$5,850,000
Revenue Sources
| State Government Funds | $23,577,000 | 34.7% | |
| Local Taxes & Fees | $41,384,000 | 60.8% | |
| Federal Aid | $3,064,000 | 4.5% | |
| Total Revenue | $68,025,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $37,865,000 | 60.1% | |
| Support Services | $21,321,000 | 33.8% | |
| Capital Outlays | $1,340,000 | 2.1% | |
| Other / Operations | $2,493,000 | 4% | |
| Total Expenditure | $63,019,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $31,176
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 2,182 | $68,025,000 | $63,019,000 | $37,865,000 | $1,340,000 | $5,850,000 |
| FY 2023 | 2,194 | $64,814,000 | $61,331,000 | $36,041,000 | $2,503,000 | $7,595,000 |
| FY 2022 | 2,198 | $63,407,000 | $59,019,000 | $35,859,000 | $1,907,000 | $9,265,000 |
| FY 2021 | 2,259 | $56,913,000 | $52,614,000 | $31,726,000 | $1,984,000 | $10,875,000 |
| FY 2020 | 2,333 | $54,049,000 | $50,892,000 | $30,555,000 | $1,553,000 | $12,415,000 |