School district · Passaic County, NJ

Little Falls Township School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Little Falls Township School District took in $19.8 million and spent $25.4 million.

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

See every government that serves your ZIP

Where it comes from

School district taxes83%State tax money12%Fees for services (school lunches, school tuition and transportation)4.2%Fines and other1.0%

What stands out

83%

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

School district taxes83%

Property tax
83%$16.4 million

Fees for services4.2%

Fees for services
4.2%$828 thousand
What's in fees for servicesSchool lunches; other school charges and 1 more
  • School lunches$343 thousand
  • Other school charges$339 thousand
  • School tuition and transportation$146 thousand

Amounts are by Census type of charge.

State tax money12%

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

From the state
12%$2.3 million

Fines and other1.0%

Interest, rents and other
1.0%$193 thousand

Where it goes

Schools and colleges98%Sent to other local governments1.7%Interest on debt0.2%

Spending by category100%

Schools and colleges
98%$25.0 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$25.0 million
Sent to other local governments
1.7%$429 thousand
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$409 thousand
  • Sent to the state government$20 thousand
Interest on debt
0.2%$45 thousand
Sources and moreWhere these numbers come from and what they cover

Little Falls Township 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 Little Falls Township 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.