School district · Cape May County, NJ
Cape May City School District's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2024), Cape May City School District took in $9.9 million and spent $6.9 million.
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Where it comes from
What stands out
of Cape May City School District's money comes from federal tax money.Most school districts with fewer than 5,000 students get none.
School district taxes20%
Fees for services0.6%
What's in fees for servicesSchool lunches and school tuition and transportation
- School lunches$31 thousand
- School tuition and transportation$24 thousand
Amounts are by Census type of charge.
Federal tax money24%
Grants from Washington, paid for by the federal taxes residents also pay.
State tax money55%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other0.9%
Where it goes
What stands out
of Cape May City School District's spending goes to local governments.A typical school district with fewer than 5,000 students spends 1.3%.
Spending by category100%
What's in schools and collegesElementary and secondary schools
- Elementary and secondary schools$6.5 million
What's in sent to other local governmentsSent to school districts and sent to the state government
- Sent to school districts$400 thousand
- Sent to the state government$3 thousand
Sources and moreWhere these numbers come from and what they cover
Cape May 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 Cape May 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.