School district · Monmouth County, NJ

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

In the latest recorded fiscal year (ended June 30, 2024), Little Silver Borough School District took in $20.9 million and spent $27.4 million.

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

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Where it comes from

School district taxes79%State tax money12%Fines and other6.5%Fees for services (school lunches, school tuition and transportation)2.9%

What stands out

79%

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

School district taxes79%

Property tax
79%$16.4 million

Fees for services2.9%

Fees for services
2.9%$604 thousand
What's in fees for servicesSchool lunches; school tuition and transportation and 1 more
  • School lunches$387 thousand
  • School tuition and transportation$152 thousand
  • Other school charges$65 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%$2.4 million

Fines and other6.5%

Interest, rents and other
6.5%$1.4 million

Where it goes

Schools and colleges92%Interest on debt6.6%Sent to other local governments1.6%

What stands out

6.6%

of Little Silver Borough School District's spending goes to interest on debt.A typical school district with fewer than 5,000 students spends 0.9%.

Spending by category100%

Schools and colleges
92%$25.1 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$25.1 million
Interest on debt
6.6%$1.8 million
Sent to other local governments
1.6%$451 thousand
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$420 thousand
  • Sent to the state government$31 thousand
Sources and moreWhere these numbers come from and what they cover

Little Silver 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 Little Silver 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.