NJ
Regular Public School District
5 Schools
Springfield Public School District
Springfield, NJ 07081
•
Union County
•
5 Operating Schools
(973) 376-1025
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 2,238 students
Total Revenue
$64,890,000
Total Expenditure
$61,563,000
Classroom Instruction
$32,841,000
Outstanding Debt
$32,872,000
Revenue Sources
| State Government Funds | $15,253,000 | 23.5% | |
| Local Taxes & Fees | $47,826,000 | 73.7% | |
| Federal Aid | $1,811,000 | 2.8% | |
| Total Revenue | $64,890,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $32,841,000 | 53.3% | |
| Support Services | $18,988,000 | 30.8% | |
| Capital Outlays | $4,695,000 | 7.6% | |
| Other / Operations | $5,039,000 | 8.2% | |
| Total Expenditure | $61,563,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $28,995
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 2,238 | $64,890,000 | $61,563,000 | $32,841,000 | $4,695,000 | $32,872,000 |
| FY 2023 | 2,236 | $61,440,000 | $58,037,000 | $31,853,000 | $3,514,000 | $32,872,000 |
| FY 2022 | 2,203 | $58,798,000 | $55,844,000 | $31,920,000 | $1,364,000 | $910,000 |
| FY 2021 | 2,214 | $52,756,000 | $49,354,000 | $27,026,000 | $1,911,000 | $1,810,000 |
| FY 2020 | 2,259 | $51,363,000 | $49,194,000 | $27,787,000 | $3,264,000 | $2,670,000 |