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NJ Regular Public School District 1 Schools

Spring Lake Borough

Spring Lake, NJ 07762 • Monmouth County • 1 Operating Schools
(732) 449-6380
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 142 students
Census F-33 • FY 2024
Total Revenue
$9,506,000
Total Expenditure
$8,603,000
Classroom Instruction
$3,993,000
Outstanding Debt
$0

Revenue Sources

State Government Funds: $1,864,000 (19.6%) Local Taxes & Fees: $7,339,000 (77.2%) Federal Aid: $303,000 (3.2%)
State Government Funds $1,864,000 19.6%
Local Taxes & Fees $7,339,000 77.2%
Federal Aid $303,000 3.2%
Total Revenue $9,506,000 100.0%

Expenditure Allocation

Classroom Instruction: $3,993,000 (46.4%) Support Services: $2,764,000 (32.1%) Capital Outlays: $423,000 (4.9%) Other / Operations: $1,423,000 (16.5%)
Classroom Instruction $3,993,000 46.4%
Support Services $2,764,000 32.1%
Capital Outlays $423,000 4.9%
Other / Operations $1,423,000 16.5%
Total Expenditure $8,603,000 100.0%

Financial Comparison & Trends Chart

$0$19,750$39,500$59,250$79,000FY 2020 Revenue/Student: $56,224$56,224FY 2020 Expenditure/Student: $56,967$56,967FY 2020152 stdsFY 2021 Revenue/Student: $51,766$51,766FY 2021 Expenditure/Student: $49,327$49,327FY 2021171 stdsFY 2022 Revenue/Student: $57,123$57,123FY 2022 Expenditure/Student: $50,272$50,272FY 2022162 stdsFY 2023 Revenue/Student: $68,418$68,418FY 2023 Expenditure/Student: $60,464$60,464FY 2023153 stdsFY 2024 Revenue/Student: $66,944$66,944FY 2024 Expenditure/Student: $60,585$60,585FY 2024142 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $68,418

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 142 $9,506,000 $8,603,000 $3,993,000 $423,000 $0
FY 2023 153 $10,468,000 $9,251,000 $4,973,000 $91,000 $0
FY 2022 162 $9,254,000 $8,144,000 $4,059,000 $61,000 $0
FY 2021 171 $8,852,000 $8,435,000 $4,078,000 $214,000 $0
FY 2020 152 $8,546,000 $8,659,000 $3,916,000 $75,000 $0