Magnolia School District
State budget reportCamden 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: $10.7M → 2026-27: $11.3M (+5.3%)The general fund's current expense: salaries, benefits, supplies and services. Not building projects or debt.
- Employee benefits2025-26: $2.4M → 2026-27: $2.6M (+7.9%)23.1% of day-to-day spending.Camden County median +16% · New Jersey median +18.2%
- Everything else2025-26: $8.3M → 2026-27: $8.7M (+4.5%)Camden County median +2.5% · New Jersey median +0.5%
Where the money comes from
- Local school tax levy2025-26: $5M → 2026-27: $5.3M (+6.7%)Camden County median +6% · New Jersey median +5%
- State school aidUp $214,097 from last year State aid file
- Surplus budgeted to balance the budget2025-26: $1.9M → 2026-27: $2MPlanned amount, not what is left in reserve. Does not include capital or maintenance reserve withdrawals.
Teachers
- Students per teacher2021-22: 10.8 → 2024-25: 9.8Camden County median 11.1 · New Jersey median 10.7
- Median teacher salary2024-25: $71,430Camden County median $75,210 · 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.
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