NJDOE Reports Per Pupil Costs in Hoboken Traditional Public Schools at $28,217; $12,494 Allocated for Students Enrolled in Hoboken's Charter Schools for 2018-19

Data for the 2015-16 school year- released April 2017
According to an April 2017 report published on nj1015.com and referencing data from the 2017 NJDOE Taxpayers Guide to Educational Spending, the Hoboken City (traditional public schools) school system had a budget of $67.6 million and was the most expensive district in Hudson County at $28,217 per pupil (see Figure 1). You can look up the data to Hoboken City as well as any other district by clicking HERE or directly from the NJDOE's Taxpayers Guide to Educational Spending.

Using financial data from the most recent Hoboken Board of Education budget for the 2018-19 school year (see Tables 1 and 2 below and full document), I was asked to roughly calculate the per pupil cost for students enrolled in the 3 charter schools in Hoboken. 

For 2018-19 there will be a total of 779 charter school children in Hoboken according to documents distributed by Hoboken Board of Education (see 18 19 Budget Q and A_05 01 18vFINAL). 

For 2018-19, $9,733,116 has been allocated for the education of these 779 charter students in Hoboken. Recall, charter schools are public schools and are free to all who attend. 
Figure 1: NJDOE Taxpayer's Guide to Education Spending 2017
Therefore, for 2018-19 the per pupil cost* of educating a charter school child in Hoboken will be approximately $12,494. This compares to $28,217 per student in the Hoboken City (traditional) schools as reported by nj1015.com in 2017.

Table 1: 2018-19 Charter School Enrollment

Table 2: 2018-19 Charter School Allocation
* Calculations of Per pupil costs are somewhat subjective but at the very least these calculations give an approximation of the proportion of monetary resources allocated in Hoboken to its charter students and to students enrolled in its traditional public schools.

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