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Mount Laurel Township Schools

State budget report

Burlington 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: $88M → 2026-27: $92M (+4.5%)The general fund's current expense: salaries, benefits, supplies and services. Not building projects or debt.
  • Employee benefits2025-26: $19.2M → 2026-27: $22.1M (+15.3%)24.1% of day-to-day spending.Burlington County median +15.7% · New Jersey median +18.2%
  • Everything else2025-26: $68.8M → 2026-27: $69.9M (+1.5%)Burlington County median +1.1% · New Jersey median +0.5%
Where the money comes from
  • Local school tax levy2025-26: $72.7M → 2026-27: $77.5M (+6.7%)Burlington County median +5.1% · New Jersey median +5%
  • State school aidUp $485,706 from last year State aid file
  • Surplus budgeted to balance the budget2025-26: $2.2M → 2026-27: $0Planned amount, not what is left in reserve. Does not include capital or maintenance reserve withdrawals.
Health insurance costs
  • Health benefits, audited2022-23: $10.7M → 2024-25: $12.5M (+17.4%)Burlington County median +17.5% · 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: 11.5 → 2024-25: 11Burlington County median 11 · New Jersey median 10.7
  • Median teacher salary2024-25: $75,877Burlington County median $77,357 · 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.

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