School district · Ocean County, NJ

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

In the latest recorded fiscal year (ended June 30, 2024), Lakehurst Borough School District took in $11.7 million and spent $14.0 million.

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

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Where it comes from

State tax money76%School district taxes12%Federal tax money7.1%Fines and other3.4%Fees for services (school lunches, school tuition and transportation)1.1%

What stands out

7.1%

of Lakehurst Borough School District's money comes from federal tax money.Most school districts with fewer than 5,000 students get none.

School district taxes12%

Property tax
12%$1.4 million

Fees for services1.1%

Fees for services
1.1%$123 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$78 thousand
  • School lunches$38 thousand
  • School tuition and transportation$7 thousand

Amounts are by Census type of charge.

Federal tax money7.1%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
7.1%$832 thousand

State tax money76%

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

From the state
76%$8.9 million

Fines and other3.4%

Interest, rents and other
3.4%$401 thousand

Where it goes

Schools and colleges80%Sent to other local governments20%Interest on debt<0.1%

What stands out

20%

of Lakehurst 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
80%$11.2 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$11.2 million
Sent to other local governments
20%$2.7 million
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$2.7 million
  • Sent to the state government$21 thousand
Interest on debt
<0.1%$8 thousand
Sources and moreWhere these numbers come from and what they cover

Lakehurst 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 Lakehurst 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.