Neptune Township School District budget 2026-27

Neptune Township School District

Monmouth 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.

Where the money comes from

Local school tax levy2025-26: $74.6M → 2026-27: $76.1M (+2%)Monmouth County median +5% · New Jersey median +5%
State school aidUp $529,571 from last year State aid file
Surplus budgeted to balance the budget2025-26: $4.8M → 2026-27: $1.5MPlanned amount, not what is left in reserve. Does not include capital or maintenance reserve withdrawals.

Health insurance costs

Health benefits, audited2022-23: $9.4M → 2024-25: $11.9M (+26.3%)Monmouth County median +17.1% · 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: 9.6 → 2024-25: 10.8Monmouth County median 9.4 · New Jersey median 10.7
Median teacher salary2024-25: $80,739Monmouth County median $78,294 · 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.