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NJ Regular Public School District 2 Schools

South Amboy School District

South Amboy, NJ 08879 • Middlesex County • 2 Operating Schools
(732) 525-2100
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,202 students
Census F-33 • FY 2024
Total Revenue
$29,293,000
Total Expenditure
$28,755,000
Classroom Instruction
$15,979,000
Outstanding Debt
$4,940,000

Revenue Sources

State Government Funds: $14,741,000 (50.3%) Local Taxes & Fees: $12,289,000 (42%) Federal Aid: $2,263,000 (7.7%)
State Government Funds $14,741,000 50.3%
Local Taxes & Fees $12,289,000 42%
Federal Aid $2,263,000 7.7%
Total Revenue $29,293,000 100.0%

Expenditure Allocation

Classroom Instruction: $15,979,000 (55.6%) Support Services: $9,094,000 (31.6%) Capital Outlays: $34,000 (0.1%) Other / Operations: $3,648,000 (12.7%)
Classroom Instruction $15,979,000 55.6%
Support Services $9,094,000 31.6%
Capital Outlays $34,000 0.1%
Other / Operations $3,648,000 12.7%
Total Expenditure $28,755,000 100.0%

Financial Comparison & Trends Chart

$0$7,250$14,500$21,750$29,000FY 2020 Revenue/Student: $19,346$19,346FY 2020 Expenditure/Student: $18,579$18,579FY 20201,127 stdsFY 2021 Revenue/Student: $21,153$21,153FY 2021 Expenditure/Student: $19,455$19,455FY 20211,100 stdsFY 2022 Revenue/Student: $22,273$22,273FY 2022 Expenditure/Student: $21,859$21,859FY 20221,171 stdsFY 2023 Revenue/Student: $22,926$22,926FY 2023 Expenditure/Student: $22,126$22,126FY 20231,183 stdsFY 2024 Revenue/Student: $24,370$24,370FY 2024 Expenditure/Student: $23,923$23,923FY 20241,202 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $24,370

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,202 $29,293,000 $28,755,000 $15,979,000 $34,000 $4,940,000
FY 2023 1,183 $27,122,000 $26,175,000 $14,633,000 $3,000 $5,690,000
FY 2022 1,171 $26,082,000 $25,597,000 $14,557,000 $93,000 $6,070,000
FY 2021 1,100 $23,268,000 $21,401,000 $12,264,000 $40,000 $6,440,000
FY 2020 1,127 $21,803,000 $20,939,000 $11,848,000 $28,000 $6,800,000