School district · Ocean County, NJ

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

In the latest recorded fiscal year (ended June 30, 2024), Lavallette Borough School District took in $5.7 million and spent $6.2 million.

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

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Where it comes from

School district taxes75%State tax money11%Fees for services (school tuition and transportation, school lunches)7.3%County and local tax money3.1%Fines and other2.8%

What stands out

75%

of Lavallette Borough School District's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes75%

Property tax
75%$4.3 million

Fees for services7.3%

Fees for services
7.3%$413 thousand
What's in fees for servicesSchool tuition and transportation; school lunches and 1 more
  • School tuition and transportation$318 thousand
  • School lunches$58 thousand
  • Other school charges$37 thousand

Amounts are by Census type of charge.

State tax money11%

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

From the state
11%$650 thousand

County and local tax money3.1%

Money passed on by the county or other local governments.

From the county and other local governments
3.1%$174 thousand

Fines and other2.8%

Interest, rents and other
2.8%$158 thousand

Where it goes

Schools and colleges82%Sent to other local governments17%Interest on debt0.7%

What stands out

17%

of Lavallette 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
82%$5.1 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$5.1 million
Sent to other local governments
17%$1.1 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$1.1 million
Interest on debt
0.7%$45 thousand
Sources and moreWhere these numbers come from and what they cover

Lavallette 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 Lavallette 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.