School district · Ocean County, NJ

Lakewood Public School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Lakewood Public School District took in $369 million and spent $389 million.

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

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Where it comes from

State tax money68%School district taxes30%Fines and other1.6%Fees for services (school lunches, school tuition and transportation)0.2%

What stands out

68%

of Lakewood Public School District's money comes from state tax money.A typical school district with 5,000 to 25,000 students gets 59%.

School district taxes30%

Property tax
30%$112 million

Fees for services0.2%

Fees for services
0.2%$783 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$384 thousand
  • School lunches$374 thousand
  • School tuition and transportation$25 thousand

Amounts are by Census type of charge.

State tax money68%

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

From the state
68%$250 million

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments
<0.1%$39 thousand

Fines and other1.6%

Interest, rents and other
1.6%$6.1 million

Where it goes

Schools and colleges98%Sent to other local governments1.4%Interest on debt0.2%

Spending by category100%

Schools and colleges
98%$383 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$383 million
Sent to other local governments
1.4%$5.5 million
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$5.1 million
  • Sent to the state government$338 thousand
Interest on debt
0.2%$720 thousand
Sources and moreWhere these numbers come from and what they cover

Lakewood Public 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 Lakewood Public 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.