Hopewell Valley Regional School District
State budget reportMercer 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: $100.5M → 2026-27: $105.4M (+4.9%)The general fund's current expense: salaries, benefits, supplies and services. Not building projects or debt.
- Employee benefits2025-26: $21.2M → 2026-27: $25M (+18.2%)23.7% of day-to-day spending.Mercer County median +16% · New Jersey median +18.2%
- Everything else2025-26: $79.3M → 2026-27: $80.4M (+1.4%)Mercer County median +1.4% · New Jersey median +0.5%
Where the money comes from
- Local school tax levy2025-26: $89.5M → 2026-27: $94.7M (+5.8%)Mercer County median +4.5% · New Jersey median +5%
- State school aidUp $391,346 from last year State aid file
- Surplus budgeted to balance the budget2025-26: $2.7M → 2026-27: $2.7MPlanned amount, not what is left in reserve. Does not include capital or maintenance reserve withdrawals.
Teachers
- Students per teacher2021-22: 9.5 → 2024-25: 9.3Mercer County median 11.1 · New Jersey median 10.7
- Median teacher salary2024-25: $96,358Mercer County median $81,684 · 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.