School district · Monmouth County, NJ

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

In the latest recorded fiscal year (ended June 30, 2024), Keyport Borough School District took in $25.7 million and spent $27.9 million.

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

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Where it comes from

School district taxes46%State tax money38%County and local tax money11%Fees for services (school lunches)2.8%Fines and other2.7%

What stands out

11%

of Keyport Borough School District's money comes from county and other local tax money.A typical school district with fewer than 5,000 students gets 1.1%.

School district taxes46%

Property tax
46%$11.7 million

Fees for services2.8%

Fees for services
2.8%$723 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$527 thousand
  • School lunches$196 thousand

Amounts are by Census type of charge.

State tax money38%

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

From the state
38%$9.7 million

County and local tax money11%

Money passed on by the county or other local governments.

From the county and other local governments
11%$2.9 million

Fines and other2.7%

Interest, rents and other
2.7%$697 thousand

Where it goes

Schools and colleges96%Sent to other local governments2.4%Interest on debt1.8%

Spending by category100%

Schools and colleges
96%$26.8 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$26.8 million
Sent to other local governments
2.4%$666 thousand
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$651 thousand
  • Sent to the state government$15 thousand
Interest on debt
1.8%$507 thousand
Sources and moreWhere these numbers come from and what they cover

Keyport 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 Keyport 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.