School district · Monmouth County, NJ

Matawan-Aberdeen Regional School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Matawan-Aberdeen Regional School District took in $92.7 million and spent $111 million.

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

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Where it comes from

School district taxes69%State tax money28%Fines and other1.6%Fees for services (school lunches, school tuition and transportation)1.3%County and local tax money0.2%

What stands out

69%

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

School district taxes69%

Property tax
69%$63.6 million

Fees for services1.3%

Fees for services
1.3%$1.2 million
What's in fees for servicesSchool lunches; other school charges and 1 more
  • School lunches$1.0 million
  • Other school charges$136 thousand
  • School tuition and transportation$70 thousand

Amounts are by Census type of charge.

State tax money28%

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

From the state
28%$26.3 million

County and local tax money0.2%

Money passed on by the county or other local governments.

From the county and other local governments
0.2%$141 thousand

Fines and other1.6%

Interest, rents and other
1.6%$1.4 million

Where it goes

Schools and colleges96%Sent to other local governments3.4%Interest on debt0.7%

Spending by category100%

Schools and colleges
96%$107 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$107 million
Sent to other local governments
3.4%$3.8 million
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$3.6 million
  • Sent to the state government$146 thousand
Interest on debt
0.7%$797 thousand
Sources and moreWhere these numbers come from and what they cover

Matawan-Aberdeen Regional 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 Matawan-Aberdeen Regional 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.