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Carteret Public School District

State budget report

Middlesex 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: $92.6M → 2026-27: $94.5M (+2.1%)The general fund's current expense: salaries, benefits, supplies and services. Not building projects or debt.
  • Employee benefits2025-26: $18.1M → 2026-27: $19.6M (+8.1%)20.7% of day-to-day spending.Middlesex County median +19.2% · New Jersey median +18.2%
  • Everything else2025-26: $74.4M → 2026-27: $74.9M (+0.7%)Middlesex County median +0.9% · New Jersey median +0.5%
Where the money comes from
  • Local school tax levy2025-26: $28.8M → 2026-27: $32.7M (+13.3%)Middlesex County median +5.8% · New Jersey median +5%
  • State school aidUp $1.5M from last year State aid file
  • Surplus budgeted to balance the budget2025-26: $2M → 2026-27: $469,788Planned amount, not what is left in reserve. Does not include capital or maintenance reserve withdrawals.
Health insurance costs
  • Health benefits, audited2022-23: $8.9M → 2024-25: $12.1M (+35.3%)Middlesex County median +21.5% · 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: 12.1 → 2024-25: 12.2Middlesex County median 11.4 · New Jersey median 10.7
  • Median teacher salary2024-25: $85,269Middlesex County median $82,805 · 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.