School district · Bergen County, NJ

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

In the latest recorded fiscal year (ended June 30, 2024), Garfield School District took in $129 million and spent $155 million.

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

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Where it comes from

State tax money71%School district taxes27%Fines and other1.0%Fees for services (school lunches)0.8%County and local tax money0.2%

What stands out

71%

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

School district taxes27%

Property tax
27%$34.2 million

Fees for services0.8%

Fees for services
0.8%$1.1 million
What's in fees for servicesOther school charges and school lunches
  • Other school charges$598 thousand
  • School lunches$481 thousand

Amounts are by Census type of charge.

State tax money71%

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

From the state
71%$92.0 million

County and local tax money0.2%

Money passed on by the county or other local governments.

From the county and other local governments
0.2%$197 thousand

Fines and other1.0%

Interest, rents and other
1.0%$1.2 million

Where it goes

Schools and colleges98%Sent to other local governments2.3%

Spending by category100%

Schools and colleges
98%$151 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$151 million
Sent to other local governments
2.3%$3.5 million
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$3.5 million
  • Sent to the state government$14 thousand
Sources and moreWhere these numbers come from and what they cover

Garfield 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 Garfield 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.