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Cranbury Township 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: $22.1M → 2026-27: $22.7M (+2.5%)The general fund's current expense: salaries, benefits, supplies and services. Not building projects or debt.
  • Employee benefits2025-26: $3.4M → 2026-27: $4M (+18.1%)17.8% of day-to-day spending.Middlesex County median +19.2% · New Jersey median +18.2%
  • Everything else2025-26: $18.7M → 2026-27: $18.6M (-0.3%)Middlesex County median +0.9% · New Jersey median +0.5%
Where the money comes from
  • Local school tax levy2025-26: $19.6M → 2026-27: $20.6M (+5.5%)Middlesex County median +5.8% · New Jersey median +5%
  • State school aidDown $32,026 from last year State aid file
  • Surplus budgeted to balance the budget2025-26: $339,321 → 2026-27: $374,559Planned amount, not what is left in reserve. Does not include capital or maintenance reserve withdrawals.
Health insurance costs
  • Health benefits, audited2022-23: $1.8M → 2024-25: $2.1M (+16.3%)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: 8.5 → 2024-25: 7.6Middlesex County median 11.4 · New Jersey median 10.7
  • Median teacher salary2024-25: $75,375Middlesex 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.