School district · Ocean County, NJ

Island Heights Borough School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Island Heights Borough School District took in $3.5 million and spent $3.7 million.

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

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Where it comes from

School district taxes73%State tax money25%Fees for services (school lunches)0.7%Fines and other0.6%

What stands out

73%

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

School district taxes73%

Property tax
73%$2.5 million

Fees for services0.7%

Fees for services
0.7%$23 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$15 thousand
  • School lunches$8 thousand

Amounts are by Census type of charge.

State tax money25%

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

From the state
25%$876 thousand

Fines and other0.6%

Interest, rents and other
0.6%$20 thousand

Where it goes

Schools and colleges92%Sent to other local governments5.9%Interest on debt1.7%

What stands out

5.9%

of Island Heights Borough 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
92%$3.5 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$3.5 million
Sent to other local governments
5.9%$219 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$219 thousand
Interest on debt
1.7%$64 thousand
Sources and moreWhere these numbers come from and what they cover

Island Heights Borough 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 Island Heights Borough 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.