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Franklin Township School District

State budget report

Hunterdon 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: $9.2M → 2026-27: $9.2M (+0.3%)The general fund's current expense: salaries, benefits, supplies and services. Not building projects or debt.
  • Employee benefits2025-26: $1.4M → 2026-27: $2.2M (+54.6%)24.1% of day-to-day spending.Hunterdon County median +19.1% · New Jersey median +18.2%
  • Everything else2025-26: $7.8M → 2026-27: $7M (-9.8%)Hunterdon County median -1% · New Jersey median +0.5%
Where the money comes from
  • Local school tax levy2025-26: $7.5M → 2026-27: $7.9M (+6.1%)Hunterdon County median +4% · New Jersey median +5%
  • State school aidDown $20,788 from last year State aid file
  • Surplus budgeted to balance the budget2025-26: $300,000 → 2026-27: $300,000Planned amount, not what is left in reserve. Does not include capital or maintenance reserve withdrawals.
Teachers
  • Students per teacher2021-22: 8.4 → 2024-25: 9.7Hunterdon County median 8.7 · New Jersey median 10.7
  • Median teacher salary2024-25: $64,647Hunterdon County median $75,153 · 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.