School district · Atlantic County, NJ

Atlantic City School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Atlantic City School District took in $278 million and spent $260 million.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

State tax money69%School district taxes28%County and local tax money1.3%Fines and other1.1%Fees for services (school lunches, school tuition and transportation)0.4%

What stands out

69%

of Atlantic City School District's money comes from state tax money.A typical school district with 5,000 to 25,000 students gets 59%.

School district taxes28%

Property tax
28%$78.0 million

Fees for services0.4%

Fees for services
0.4%$1.1 million
What's in fees for servicesSchool lunches; school tuition and transportation and 1 more
  • School lunches$434 thousand
  • School tuition and transportation$394 thousand
  • Other school charges$285 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
<0.1%$43 thousand

State tax money69%

Money the state passes on, paid for by the state taxes residents also pay.

From the state
69%$192 million

County and local tax money1.3%

Money passed on by the county or other local governments.

From the county and other local governments
1.3%$3.7 million

Fines and other1.1%

Interest, rents and other
1.1%$3.2 million

Where it goes

Schools and colleges95%Sent to other local governments4.2%Interest on debt0.7%

What stands out

4.2%

of Atlantic City School District's spending goes to local governments.Most school districts with 5,000 to 25,000 students spend nothing on this.

Spending by category100%

Schools and colleges
95%$247 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$247 million
Sent to other local governments
4.2%$10.9 million
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$9.7 million
  • Sent to the state government$1.2 million
Interest on debt
0.7%$1.8 million
Sources and moreWhere these numbers come from and what they cover

Atlantic City School District. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of Atlantic City School District itself. Other governments that serve the same area (the city, county, school district and state) are separate and not included. Borrowing, transfers between a government's own funds, and pension trust funds are not counted as revenue.