New Milford Public School District
State budget reportBergen 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: $47.8M → 2026-27: $49.6M (+3.7%)The general fund's current expense: salaries, benefits, supplies and services. Not building projects or debt.
- Employee benefits2025-26: $11.2M → 2026-27: $14.5M (+29.1%)29.2% of day-to-day spending.Bergen County median +23.5% · New Jersey median +18.2%
- Everything else2025-26: $36.6M → 2026-27: $35.1M (-4.1%)Bergen County median +0.5% · New Jersey median +0.5%
Where the money comes from
- Local school tax levy2025-26: $40.5M → 2026-27: $43.7M (+8%)Bergen County median +6% · New Jersey median +5%
- State school aid, K–122025-26: $3.9M → 2026-27: $3.8M (-3%)Bergen County median +4.3% · New Jersey median +4.9%
- Special education aid$3,035,189 → $3,042,148
- Transportation aid$442,373 → $375,790
- Security aid$465,970 → $407,289
- Federal special education grant (IDEA)2025-26: $627,733 → 2026-27: $640,617 (+2.1%)Bergen County median +2% · New Jersey median +1.7%Federal money for students with disabilities, ages 3 to 21. The 2026-27 award is the state's preliminary figure. $99,962 of it is set aside for students with disabilities whose parents placed them in private schools. From the state's IDEA award files: 2025-26, 2026-27
- Surplus budgeted to balance the budget2025-26: $1.5M → 2026-27: $958,561Planned amount, not what is left in reserve. Does not include capital or maintenance reserve withdrawals.
Teachers
- Students per teacher2021-22: 12.2 → 2024-25: 12.2Bergen County median 11.2 · New Jersey median 10.7
- Median teacher salary2024-25: $81,125Bergen County median $83,387 · 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.