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NJ Regular Public School District 1 Schools

The Lower Alloways Creek School District

Salem, NJ 08079 • Salem County • 1 Operating Schools
(856) 935-2707
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 175 students
Census F-33 • FY 2024
Total Revenue
$6,033,000
Total Expenditure
$6,698,000
Classroom Instruction
$3,546,000
Outstanding Debt
N/A

Revenue Sources

State Government Funds: $1,903,000 (31.5%) Local Taxes & Fees: $3,650,000 (60.5%) Federal Aid: $480,000 (8%)
State Government Funds $1,903,000 31.5%
Local Taxes & Fees $3,650,000 60.5%
Federal Aid $480,000 8%
Total Revenue $6,033,000 100.0%

Expenditure Allocation

Classroom Instruction: $3,546,000 (52.9%) Support Services: $1,916,000 (28.6%) Capital Outlays: $302,000 (4.5%) Other / Operations: $934,000 (13.9%)
Classroom Instruction $3,546,000 52.9%
Support Services $1,916,000 28.6%
Capital Outlays $302,000 4.5%
Other / Operations $934,000 13.9%
Total Expenditure $6,698,000 100.0%

Financial Comparison & Trends Chart

$0$12,250$24,500$36,750$49,000FY 2020 Revenue/Student: $29,914$29,914FY 2020 Expenditure/Student: $29,595$29,595FY 2020163 stdsFY 2021 Revenue/Student: $30,879$30,879FY 2021 Expenditure/Student: $29,473$29,473FY 2021165 stdsFY 2022 Revenue/Student: $41,958$41,958FY 2022 Expenditure/Student: $37,315$37,315FY 2022143 stdsFY 2023 Revenue/Student: $35,847$35,847FY 2023 Expenditure/Student: $31,841$31,841FY 2023176 stdsFY 2024 Revenue/Student: $34,474$34,474FY 2024 Expenditure/Student: $38,274$38,274FY 2024175 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $41,958

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 175 $6,033,000 $6,698,000 $3,546,000 $302,000 N/A
FY 2023 176 $6,309,000 $5,604,000 $2,877,000 $12,000 N/A
FY 2022 143 $6,000,000 $5,336,000 $2,681,000 $6,000 N/A
FY 2021 165 $5,095,000 $4,863,000 $2,457,000 $18,000 N/A
FY 2020 163 $4,876,000 $4,824,000 $2,288,000 $5,000 $0