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Burlington County Institute of Technology School District

State budget report

Burlington County · 2026-27 budget, from New Jersey Department of Education files. Budgets are set for a whole district, so every school in it shares these figures.

Spending
  • Day-to-day spending2025-26: $40.8M → 2026-27: $43.3M (+6.1%)The general fund's current expense: salaries, benefits, supplies and services. Not building projects or debt.
  • Employee benefits2025-26: $7.1M → 2026-27: $8M (+13.4%)18.5% of day-to-day spending.Burlington County median +15.7% · New Jersey median +18.2%
  • Everything else2025-26: $33.7M → 2026-27: $35.3M (+4.6%)Burlington County median +1.1% · New Jersey median +0.5%
Where the money comes from
  • Local school tax levy2025-26: $15.9M → 2026-27: $15.9M (0%)Burlington County median +5.1% · New Jersey median +5%
  • State school aidUp $1.1M from last year State aid file
  • Surplus budgeted to balance the budget2025-26: $0 → 2026-27: $0Planned amount, not what is left in reserve. Does not include capital or maintenance reserve withdrawals.
Health insurance costs
  • Health benefits, audited2022-23: $5.7M → 2024-25: $6.1M (+6.9%)Burlington County median +17.5% · New Jersey median +18.1%What the district actually spent, from its audited annual financial reports: 2022-23, 2024-25
Teachers
  • Students per teacher2021-22: 14.2 → 2024-25: 15.4Burlington County median 11 · New Jersey median 10.7
  • Median teacher salary2024-25: $86,915Burlington County median $77,357 · New Jersey median $78,587
New Jersey School Performance Reports

Medians are across districts whose budgets are comparable; services commissions and districts outside the state aid formula are left out.