NJ
Regular Public School District
4 Schools
Spotswood Public School District
Spotswood, NJ 08884
•
Middlesex County
•
4 Operating Schools
(732) 723-2200
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 1,696 students
Total Revenue
$42,170,000
Total Expenditure
$40,818,000
Classroom Instruction
$22,336,000
Outstanding Debt
$19,598,000
Revenue Sources
| State Government Funds | $13,917,000 | 33% | |
| Local Taxes & Fees | $27,410,000 | 65% | |
| Federal Aid | $843,000 | 2% | |
| Total Revenue | $42,170,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $22,336,000 | 54.7% | |
| Support Services | $14,938,000 | 36.6% | |
| Capital Outlays | $2,296,000 | 5.6% | |
| Other / Operations | $1,248,000 | 3.1% | |
| Total Expenditure | $40,818,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $25,144
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 1,696 | $42,170,000 | $40,818,000 | $22,336,000 | $2,296,000 | $19,598,000 |
| FY 2023 | 1,660 | $41,035,000 | $38,537,000 | $22,215,000 | $960,000 | $8,128,000 |
| FY 2022 | 1,607 | $40,406,000 | $37,196,000 | $21,942,000 | $528,000 | $9,288,000 |
| FY 2021 | 1,610 | $36,627,000 | $33,808,000 | $19,920,000 | $398,000 | $10,418,000 |
| FY 2020 | 1,683 | $34,395,000 | $32,130,000 | $18,433,000 | $535,000 | $11,508,000 |