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School District Finance Report
MADISON BORO SCHOOL DISTRICT


The HomeSurfer School District Finance rating for MADISON BORO SCHOOL DISTRICT is 2.9 out of a possible of 5 points. The HomeSurfer school rating is calculated using factors such as Spending Per Pupil, Capital Spending, and the debt position of the school district. National ranking is weighed more heavily than the state ranking.
Learn more about our rating system.
HomeSurfer School Finance Rating


Spending Per Pupil

MADISON BORO SCHOOL DISTRICT has a spending per pupil rate of 13665. This compares with a rate of 14639 in and a rate of 9698 nationally.


Spending Per Pupil

District 13665
NJ 14639
National 9698

MADISON BORO SCHOOL DISTRICT is in the 53.5% percentile rank in the state for Spending Per Pupil. It is in the 85.7% percentile rank nationally. Higher numbers are better. In this case, 53.5% of cities in spend the same or less than MADISON BORO SCHOOL DISTRICT. Said another way, 46.5% of schools in spend more than MADISON BORO SCHOOL DISTRICT.


  School Report Data

 MADISON BORO SCH DISTNJ
Total Spending Per Pupil
$/pupil13665
14639
Percentile Rank in State 53.5%

Rank in State 287

Percentile Rank in Nation 85.7%

Rank in Nation 2171

Capital Spending
% of budget 2.5%
8.2%
Percentile Rank in State46.1%

Rank in State 351

Percentile Rank in Nation28.9%

Rank in Nation 10719

Budget
Surplus/Deficit Per Pupil -375
-8876
In Years- 0.0- 0.6
Percentile Rank State75.5%

Rank in State 150

Percentile Rank in Nation67%

Rank in Nation 4781


Ranking of School Districts in on Spending Per Pupil


Balance Sheet Review


The MADISON BORO SCH DIST balance sheet shows a deficit of -375 per pupil. This compares with an average deficit of -8876 in . With the average revenue per pupil of 14547 the balance sheet deficit will take -0.026 years to pay off the debt.

School District Profile
MADISON BORO SCHOOL DISTRICT


Cities

MADISON,
Schools

CENTRAL AVE
KINGS ROAD
MADISON HIGH
MADISON JR
TOREY J SABATINI

school profiles
District Enrollment

2154