School district · Middlesex County, NJ
Carteret Public School District's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2024), Carteret Public School District took in $95.2 million and spent $109 million.
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Where it comes from
What stands out
of Carteret Public School District's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.
School district taxes31%
Fees for services1.7%
What's in fees for servicesOther school charges and school lunches
- Other school charges$1.2 million
- School lunches$452 thousand
Amounts are by Census type of charge.
State tax money66%
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 Carteret Public 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$103 million
What's in sent to other local governmentsSent to school districts
- Sent to school districts$4.9 million
Sources and moreWhere these numbers come from and what they cover
Carteret Public 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 Carteret Public 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.