Mountain Lakes Public School District
State budget reportMorris 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: $44.1M → 2026-27: $45.8M (+3.8%)The general fund's current expense: salaries, benefits, supplies and services. Not building projects or debt.
- Employee benefits2025-26: $8.3M → 2026-27: $9.7M (+17.9%)21.3% of day-to-day spending.Morris County median +20.2% · New Jersey median +18.2%
- Everything else2025-26: $35.8M → 2026-27: $36M (+0.5%)Morris County median +1% · New Jersey median +0.5%
Where the money comes from
- Local school tax levy2025-26: $25M → 2026-27: $26.7M (+7.1%)Morris County median +5.7% · New Jersey median +5%
- State school aidDown $39,134 from last year State aid file
- Surplus budgeted to balance the budget2025-26: $799,901 → 2026-27: $799,901Planned amount, not what is left in reserve. Does not include capital or maintenance reserve withdrawals.
Teachers
- Students per teacher2021-22: 9.1 → 2024-25: 8.8Morris County median 10.4 · New Jersey median 10.7
- Median teacher salary2024-25: $104,095Morris County median $80,100 · 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.