Folsom Borough School District
State budget reportAtlantic 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: $9.7M → 2026-27: $9.9M (+2.3%)The general fund's current expense: salaries, benefits, supplies and services. Not building projects or debt.
- Employee benefits2025-26: $1.8M → 2026-27: $1.8M (+4.4%)18.6% of day-to-day spending.Atlantic County median +16.5% · New Jersey median +18.2%
- Everything else2025-26: $7.9M → 2026-27: $8.1M (+1.8%)Atlantic County median -0.3% · New Jersey median +0.5%
Where the money comes from
- Local school tax levy2025-26: $2.1M → 2026-27: $2.2M (+3.3%)Atlantic County median +3.7% · New Jersey median +5%
- State school aidUp $364,049 from last year State aid file
- Surplus budgeted to balance the budget2025-26: $488,401 → 2026-27: $681,540Planned amount, not what is left in reserve. Does not include capital or maintenance reserve withdrawals.
Teachers
- Students per teacher2021-22: 10.6 → 2024-25: 9.9Atlantic County median 10.5 · New Jersey median 10.7
- Median teacher salary2024-25: $70,580Atlantic County median $80,215 · 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.