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Randolph Township School District

State budget report

Morris 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: $103M → 2026-27: $105.9M (+2.9%)The general fund's current expense: salaries, benefits, supplies and services. Not building projects or debt.
  • Employee benefits2025-26: $21.5M → 2026-27: $25.7M (+19.5%)24.2% of day-to-day spending.Morris County median +20.2% · New Jersey median +18.2%
  • Everything else2025-26: $81.5M → 2026-27: $80.3M (-1.5%)Morris County median +1% · New Jersey median +0.5%
Where the money comes from
  • Local school tax levy2025-26: $88.2M → 2026-27: $93.6M (+6%)Morris County median +5.7% · New Jersey median +5%
  • State school aidUp $20,557 from last year State aid file
  • Surplus budgeted to balance the budget2025-26: $1.4M → 2026-27: $1.1MPlanned amount, not what is left in reserve. Does not include capital or maintenance reserve withdrawals.
Health insurance costs
  • Health benefits, audited2022-23: $12.3M → 2024-25: $14.1M (+14.8%)Morris County median +16% · 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: 11.2 → 2024-25: 11.2Morris County median 10.4 · New Jersey median 10.7
  • Median teacher salary2024-25: $82,641Morris County median $80,100 · 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.