School district · Hudson County, NJ

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

In the latest recorded fiscal year (ended June 30, 2024), East Newark School District took in $10.0 million and spent $10.6 million.

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

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Where it comes from

State tax money82%School district taxes15%Fines and other2.9%Fees for services (school lunches)0.3%

What stands out

82%

of East Newark School District's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes15%

Property tax
15%$1.5 million

Fees for services0.3%

Fees for services
0.3%$32 thousand
What's in fees for servicesSchool lunches and other school charges
  • School lunches$22 thousand
  • Other school charges$10 thousand

Amounts are by Census type of charge.

State tax money82%

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

From the state
82%$8.2 million

Fines and other2.9%

Interest, rents and other
2.9%$296 thousand

Where it goes

Schools and colleges81%Sent to other local governments19%Interest on debt<0.1%

What stands out

19%

of East Newark 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
81%$8.6 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$8.6 million
Sent to other local governments
19%$2.0 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$2.0 million
Interest on debt
<0.1%$6 thousand
Sources and moreWhere these numbers come from and what they cover

East Newark 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 East Newark 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.