School district · Warren County, NJ

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

In the latest recorded fiscal year (ended June 30, 2024), Hope Township School District took in $5.0 million and spent $6.3 million.

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

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Where it comes from

School district taxes83%State tax money12%Fees for services (school lunches)2.4%Fines and other2.1%County and local tax money0.5%

What stands out

83%

of Hope Township 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%$4.2 million

Fees for services2.4%

Fees for services
2.4%$123 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$77 thousand
  • School lunches$46 thousand

Amounts are by Census type of charge.

State tax money12%

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

From the state
12%$581 thousand

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%$27 thousand

Fines and other2.1%

Interest, rents and other
2.1%$106 thousand

Where it goes

Schools and colleges85%Sent to other local governments15%

What stands out

15%

of Hope Township 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
85%$5.3 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$5.3 million
Sent to other local governments
15%$964 thousand
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$951 thousand
  • Sent to the state government$13 thousand
Sources and moreWhere these numbers come from and what they cover

Hope 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 Hope 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.