School district · Hudson County, NJ

Kearny Town School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Kearny Town School District took in $147 million and spent $165 million.

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

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Where it comes from

State tax money58%School district taxes40%Fines and other1.3%Fees for services (school lunches)0.8%County and local tax money0.3%

What stands out

40%

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

School district taxes40%

Property tax
40%$58.4 million

Fees for services0.8%

Fees for services
0.8%$1.2 million
What's in fees for servicesOther school charges and school lunches
  • Other school charges$623 thousand
  • School lunches$540 thousand

Amounts are by Census type of charge.

State tax money58%

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

From the state
58%$84.9 million

County and local tax money0.3%

Money passed on by the county or other local governments.

From the county and other local governments
0.3%$466 thousand

Fines and other1.3%

Interest, rents and other
1.3%$1.9 million

Where it goes

Schools and colleges99%Sent to other local governments0.5%

What stands out

99%

of Kearny Town School District's spending goes to schools and colleges.A typical school district with 5,000 to 25,000 students spends 96%.

Spending by category100%

Schools and colleges
99%$164 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$164 million
Sent to other local governments
0.5%$830 thousand
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$569 thousand
  • Sent to the state government$261 thousand
Interest on debt
<0.1%$21 thousand
Sources and moreWhere these numbers come from and what they cover

Kearny Town 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 Kearny Town 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.