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Elk Township School District

State budget report

Gloucester 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: $7.4M → 2026-27: $7.5M (+1%)The general fund's current expense: salaries, benefits, supplies and services. Not building projects or debt.
  • Employee benefits2025-26: $943,323 → 2026-27: $1.4M (+50.5%)19.1% of day-to-day spending.Gloucester County median +16.9% · New Jersey median +18.2%
  • Everything else2025-26: $6.4M → 2026-27: $6M (-6.2%)Gloucester County median -0.4% · New Jersey median +0.5%
Where the money comes from
  • Local school tax levy2025-26: $3.9M → 2026-27: $4.3M (+10.8%)Gloucester County median +4.3% · New Jersey median +5%
  • State school aidDown $45,445 from last year State aid file
  • Surplus budgeted to balance the budget2025-26: $836,092 → 2026-27: $594,529Planned amount, not what is left in reserve. Does not include capital or maintenance reserve withdrawals.
Health insurance costs
  • Health benefits, audited2022-23: $790,849 → 2024-25: $722,374 (-8.7%)Gloucester County median +17.6% · 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: 10.5 → 2024-25: 9.2Gloucester County median 11.5 · New Jersey median 10.7
  • Median teacher salary2024-25: $66,969Gloucester County median $73,302 · 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.