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NJ Regular Public School District 1 Schools

South Bound Brook Public School District

South Bound Brook, NJ 08880 • Somerset County • 1 Operating Schools
(732) 356-3018
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 439 students
Census F-33 • FY 2024
Total Revenue
$16,542,000
Total Expenditure
$15,817,000
Classroom Instruction
$7,281,000
Outstanding Debt
$0

Revenue Sources

State Government Funds: $8,651,000 (52.3%) Local Taxes & Fees: $7,206,000 (43.6%) Federal Aid: $685,000 (4.1%)
State Government Funds $8,651,000 52.3%
Local Taxes & Fees $7,206,000 43.6%
Federal Aid $685,000 4.1%
Total Revenue $16,542,000 100.0%

Expenditure Allocation

Classroom Instruction: $7,281,000 (46%) Support Services: $4,934,000 (31.2%) Capital Outlays: $24,000 (0.2%) Other / Operations: $3,578,000 (22.6%)
Classroom Instruction $7,281,000 46%
Support Services $4,934,000 31.2%
Capital Outlays $24,000 0.2%
Other / Operations $3,578,000 22.6%
Total Expenditure $15,817,000 100.0%

Financial Comparison & Trends Chart

$0$11,000$22,000$33,000$44,000FY 2020 Revenue/Student: $27,584$27,584FY 2020 Expenditure/Student: $28,894$28,894FY 2020435 stdsFY 2021 Revenue/Student: $30,605$30,605FY 2021 Expenditure/Student: $30,445$30,445FY 2021425 stdsFY 2022 Revenue/Student: $34,190$34,190FY 2022 Expenditure/Student: $33,627$33,627FY 2022421 stdsFY 2023 Revenue/Student: $35,060$35,060FY 2023 Expenditure/Student: $35,176$35,176FY 2023431 stdsFY 2024 Revenue/Student: $37,681$37,681FY 2024 Expenditure/Student: $36,030$36,030FY 2024439 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $37,681

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 439 $16,542,000 $15,817,000 $7,281,000 $24,000 $0
FY 2023 431 $15,111,000 $15,161,000 $6,734,000 $10,000 $0
FY 2022 421 $14,394,000 $14,157,000 $6,638,000 $497,000 $0
FY 2021 425 $13,007,000 $12,939,000 $6,570,000 $502,000 $295,000
FY 2020 435 $11,999,000 $12,569,000 $6,016,000 $757,000 $595,000