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School District Finance Report
RED BANK BORO SCHOOL DISTRICT


The HomeSurfer School District Finance rating for RED BANK BORO SCHOOL DISTRICT is 4.5 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

RED BANK BORO SCHOOL DISTRICT has a spending per pupil rate of 27226. This compares with a rate of 14639 in and a rate of 9698 nationally.


Spending Per Pupil

District 27226
NJ 14639
National 9698

RED BANK BORO SCHOOL DISTRICT is in the 96.7% percentile rank in the state for Spending Per Pupil. It is in the 98.6% percentile rank nationally. Higher numbers are better. In this case, 96.7% of cities in spend the same or less than RED BANK BORO SCHOOL DISTRICT. Said another way, 3.3% of schools in spend more than RED BANK BORO SCHOOL DISTRICT.


  School Report Data

 RED BANK BORO SCH DISTNJ
Total Spending Per Pupil
$/pupil27226
14639
Percentile Rank in State 96.7%

Rank in State 21

Percentile Rank in Nation 98.6%

Rank in Nation 211

Capital Spending
% of budget 30.6%
8.2%
Percentile Rank in State95.6%

Rank in State 29

Percentile Rank in Nation94.4%

Rank in Nation 845

Budget
Surplus/Deficit Per Pupil -21479
-8876
In Years- 1.0- 0.6
Percentile Rank State26%

Rank in State 452

Percentile Rank in Nation31.4%

Rank in Nation 9935


Ranking of School Districts in on Spending Per Pupil


Balance Sheet Review


The RED BANK BORO SCH DIST balance sheet shows a deficit of -21479 per pupil. This compares with an average deficit of -8876 in . With the average revenue per pupil of 22538 the balance sheet deficit will take -0.953 years to pay off the debt.

School District Profile
RED BANK BORO SCHOOL DISTRICT


Cities

RED BANK,
RED BANK,
Schools

RED BANK MIDDLE
RED BANK PRIMARY

school profiles
District Enrollment

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