School district · Mercer County, NJ

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

In the latest recorded fiscal year (ended June 30, 2024), Hamilton Township School District took in $266 million and spent $306 million.

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

See every government that serves your ZIP

Where it comes from

State tax money50%School district taxes48%Fees for services (school lunches, school tuition and transportation)0.9%Fines and other0.9%County and local tax money0.5%

What stands out

48%

of Hamilton Township School District's money comes from property tax.A typical school district with 5,000 to 25,000 students gets 29%.

School district taxes48%

Property tax
48%$128 million

Fees for services0.9%

Fees for services
0.9%$2.4 million
What's in fees for servicesSchool lunches; other school charges and 1 more
  • School lunches$1.2 million
  • Other school charges$1.1 million
  • School tuition and transportation$161 thousand

Amounts are by Census type of charge.

State tax money50%

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

From the state
50%$132 million

County and local tax money0.5%

Money passed on by the county or other local governments.

From the county and other local governments
0.5%$1.2 million

Fines and other0.9%

Interest, rents and other
0.9%$2.4 million

Where it goes

Schools and colleges98%Sent to other local governments1.5%Interest on debt0.6%

Spending by category100%

Schools and colleges
98%$300 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$300 million
Sent to other local governments
1.5%$4.6 million
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$4.3 million
  • Sent to the state government$299 thousand
Interest on debt
0.6%$1.7 million
Sources and moreWhere these numbers come from and what they cover

Hamilton Township 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 Hamilton Township 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.