School district · Morris County, NJ

Hanover Park High School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Hanover Park High School District took in $48.6 million and spent $55.1 million.

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

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Where it comes from

School district taxes79%State tax money9.2%Fines and other9.1%Fees for services (school lunches, school tuition and transportation)2.7%

What stands out

79%

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

School district taxes79%

Property tax
79%$38.4 million

Fees for services2.7%

Fees for services
2.7%$1.3 million
What's in fees for servicesSchool lunches; other school charges and 1 more
  • School lunches$774 thousand
  • Other school charges$538 thousand
  • School tuition and transportation$22 thousand

Amounts are by Census type of charge.

State tax money9.2%

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

From the state
9.2%$4.5 million

Fines and other9.1%

Interest, rents and other
9.1%$4.4 million

Where it goes

Schools and colleges93%Sent to other local governments4.2%Interest on debt3.2%

What stands out

93%

of Hanover Park High School District's spending goes to schools and colleges.A typical school district with fewer than 5,000 students spends 97%.

Spending by category100%

Schools and colleges
93%$51.0 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$51.0 million
Sent to other local governments
4.2%$2.3 million
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$2.2 million
  • Sent to the state government$106 thousand
Interest on debt
3.2%$1.8 million
Sources and moreWhere these numbers come from and what they cover

Hanover Park High 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 Hanover Park High 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.