School district · Somerset County, NJ

Bedminster Township School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Bedminster Township School District took in $21.4 million and spent $22.4 million.

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

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Where it comes from

School district taxes85%State tax money10%Fines and other3.5%Fees for services (school tuition and transportation, school lunches)1.5%

What stands out

85%

of Bedminster Township School District's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes85%

Property tax
85%$18.1 million

Fees for services1.5%

Fees for services
1.5%$330 thousand
What's in fees for servicesSchool tuition and transportation; school lunches and 1 more
  • School tuition and transportation$152 thousand
  • School lunches$132 thousand
  • Other school charges$46 thousand

Amounts are by Census type of charge.

State tax money10%

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

From the state
10%$2.2 million

Fines and other3.5%

Interest, rents and other
3.5%$756 thousand

Where it goes

Schools and colleges74%Sent to other local governments26%

What stands out

26%

of Bedminster Township School District's spending goes to local governments.A typical school district with fewer than 5,000 students spends 1.3%.

Spending by category100%

Schools and colleges
74%$16.5 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$16.5 million
Sent to other local governments
26%$5.9 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$5.9 million
Sources and moreWhere these numbers come from and what they cover

Bedminster Township 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 Bedminster Township 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.