Colts Neck Township School District
State budget reportMonmouth 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: $30.4M → 2026-27: $33M (+8.6%)The general fund's current expense: salaries, benefits, supplies and services. Not building projects or debt.
- Employee benefits2025-26: $5.8M → 2026-27: $6.6M (+13.9%)19.9% of day-to-day spending.Monmouth County median +19.9% · New Jersey median +18.2%
- Everything else2025-26: $24.6M → 2026-27: $26.4M (+7.3%)Monmouth County median -0.5% · New Jersey median +0.5%
Where the money comes from
- Local school tax levy2025-26: $24.6M → 2026-27: $24.6M (0%)Monmouth County median +5% · New Jersey median +5%
- State school aidDown $186,349 from last year State aid file
- Surplus budgeted to balance the budget2025-26: $1.1M → 2026-27: $2.6MPlanned amount, not what is left in reserve. Does not include capital or maintenance reserve withdrawals.
Teachers
- Students per teacher2021-22: 8.5 → 2024-25: 7.7Monmouth County median 9.4 · New Jersey median 10.7
- Median teacher salary2024-25: $83,381Monmouth County median $78,294 · New Jersey median $78,587
Medians are across districts whose budgets are comparable; services commissions and districts outside the state aid formula are left out.