Hamilton Township Public School District budget 2026-27

Hamilton Township Public School District

Mercer 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: $262.9M → 2026-27: $281.9M (+7.2%)The general fund's current expense: salaries, benefits, supplies and services. Not building projects or debt.
Employee benefits2025-26: $51.3M → 2026-27: $60M (+17%)21.3% of day-to-day spending.Mercer County median +16% · New Jersey median +18.2%
Everything else2025-26: $211.7M → 2026-27: $221.9M (+4.8%)Mercer County median +1.4% · New Jersey median +0.5%

Where the money comes from

Local school tax levy2025-26: $133.2M → 2026-27: $141.6M (+6.3%)Mercer County median +4.5% · New Jersey median +5%
State school aidUp $8.1M from last year State aid file
Surplus budgeted to balance the budget2025-26: $8.4M → 2026-27: $8.5MPlanned amount, not what is left in reserve. Does not include capital or maintenance reserve withdrawals.

Health insurance costs

Health benefits, audited2022-23: $28.5M → 2024-25: $32.4M (+13.7%)Mercer County median +16.1% · 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: 11.9 → 2024-25: 12.3Mercer County median 11.1 · New Jersey median 10.7
Median teacher salary2024-25: $74,819Mercer County median $81,684 · 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.