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NJ Regular Public School District 3 Schools

Tinton Falls School District

Tinton Falls, NJ 07724 • Monmouth County • 3 Operating Schools
(732) 460-2400
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,373 students
Census F-33 • FY 2024
Total Revenue
$44,399,000
Total Expenditure
$44,712,000
Classroom Instruction
$23,956,000
Outstanding Debt
$26,730,000

Revenue Sources

State Government Funds: $11,784,000 (26.5%) Local Taxes & Fees: $30,951,000 (69.7%) Federal Aid: $1,664,000 (3.7%)
State Government Funds $11,784,000 26.5%
Local Taxes & Fees $30,951,000 69.7%
Federal Aid $1,664,000 3.7%
Total Revenue $44,399,000 100.0%

Expenditure Allocation

Classroom Instruction: $23,956,000 (53.6%) Support Services: $15,049,000 (33.7%) Capital Outlays: $2,191,000 (4.9%) Other / Operations: $3,516,000 (7.9%)
Classroom Instruction $23,956,000 53.6%
Support Services $15,049,000 33.7%
Capital Outlays $2,191,000 4.9%
Other / Operations $3,516,000 7.9%
Total Expenditure $44,712,000 100.0%

Financial Comparison & Trends Chart

$0$9,500$19,000$28,500$38,000FY 2020 Revenue/Student: $25,795$25,795FY 2020 Expenditure/Student: $29,457$29,457FY 20201,436 stdsFY 2021 Revenue/Student: $28,977$28,977FY 2021 Expenditure/Student: $30,473$30,473FY 20211,331 stdsFY 2022 Revenue/Student: $30,655$30,655FY 2022 Expenditure/Student: $29,581$29,581FY 20221,347 stdsFY 2023 Revenue/Student: $29,975$29,975FY 2023 Expenditure/Student: $29,835$29,835FY 20231,385 stdsFY 2024 Revenue/Student: $32,337$32,337FY 2024 Expenditure/Student: $32,565$32,565FY 20241,373 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $32,565

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,373 $44,399,000 $44,712,000 $23,956,000 $2,191,000 $26,730,000
FY 2023 1,385 $41,515,000 $41,322,000 $23,096,000 $808,000 $28,085,000
FY 2022 1,347 $41,292,000 $39,845,000 $21,229,000 $1,720,000 $29,375,000
FY 2021 1,331 $38,568,000 $40,559,000 $20,112,000 $4,799,000 $30,850,000
FY 2020 1,436 $37,041,000 $42,300,000 $18,657,000 $7,542,000 $32,673,000