School district · Bergen County, NJ

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

In the latest recorded fiscal year (ended June 30, 2024), Demarest School District took in $21.0 million and spent $23.7 million.

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

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Where it comes from

School district taxes83%State tax money7.5%Fees for services (school tuition and transportation, school lunches)6.3%Fines and other3.0%County and local tax money0.7%

What stands out

83%

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

School district taxes83%

Property tax
83%$17.4 million

Fees for services6.3%

Fees for services
6.3%$1.3 million
What's in fees for servicesSchool tuition and transportation; school lunches and 1 more
  • School tuition and transportation$754 thousand
  • School lunches$428 thousand
  • Other school charges$139 thousand

Amounts are by Census type of charge.

State tax money7.5%

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

From the state
7.5%$1.6 million

County and local tax money0.7%

Money passed on by the county or other local governments.

From the county and other local governments
0.7%$138 thousand

Fines and other3.0%

Interest, rents and other
3.0%$637 thousand

Where it goes

Schools and colleges97%Sent to other local governments3.0%Interest on debt0.3%

Spending by category100%

Schools and colleges
97%$22.9 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$22.9 million
Sent to other local governments
3.0%$714 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$714 thousand
Interest on debt
0.3%$67 thousand
Sources and moreWhere these numbers come from and what they cover

Demarest 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 Demarest 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.