School district · Monmouth County, NJ

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

In the latest recorded fiscal year (ended June 30, 2024), Keansburg Borough School District took in $50.6 million and spent $57.2 million.

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

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Where it comes from

State tax money83%School district taxes16%Fines and other1.0%Fees for services (school tuition and transportation, school lunches)0.4%

What stands out

83%

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

School district taxes16%

Property tax
16%$8.1 million

Fees for services0.4%

Fees for services
0.4%$224 thousand
What's in fees for servicesOther school charges; school tuition and transportation and 1 more
  • Other school charges$120 thousand
  • School tuition and transportation$74 thousand
  • School lunches$30 thousand

Amounts are by Census type of charge.

State tax money83%

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

From the state
83%$41.8 million

Fines and other1.0%

Interest, rents and other
1.0%$483 thousand

Where it goes

Schools and colleges95%Sent to other local governments4.9%

What stands out

4.9%

of Keansburg 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
95%$54.4 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$54.4 million
Sent to other local governments
4.9%$2.8 million
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$2.6 million
  • Sent to the state government$237 thousand
Sources and moreWhere these numbers come from and what they cover

Keansburg 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 Keansburg 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.