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Lower Township Elementary School District

State budget report

Cape May 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: $26.8M → 2026-27: $26.3M (-1.7%)The general fund's current expense: salaries, benefits, supplies and services. Not building projects or debt.
  • Employee benefits2025-26: $6.3M → 2026-27: $7.2M (+14.6%)27.2% of day-to-day spending.Cape May County median +14.5% · New Jersey median +18.2%
  • Everything else2025-26: $20.5M → 2026-27: $19.2M (-6.6%)Cape May County median +0.1% · New Jersey median +0.5%
Where the money comes from
  • Local school tax levy2025-26: $20.4M → 2026-27: $21.4M (+5.1%)Cape May County median +4% · New Jersey median +5%
  • State school aidUp $210,767 from last year State aid file
  • Surplus budgeted to balance the budget2025-26: $2.5M → 2026-27: $513,862Planned amount, not what is left in reserve. Does not include capital or maintenance reserve withdrawals.
Health insurance costs
  • Health benefits, audited2022-23: $3.8M → 2024-25: $4.5M (+17.2%)Cape May County median +17.2% · 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: 10.4 → 2024-25: 10.8Cape May County median 9.4 · New Jersey median 10.7
  • Median teacher salary2024-25: $66,349Cape May County median $71,600 · 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.