School district · Burlington County, NJ

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

In the latest recorded fiscal year (ended June 30, 2024), Medford Township School District took in $61.3 million and spent $73.7 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 money13%Fees for services (school lunches, school tuition and transportation)2.2%Fines and other1.2%County and local tax money0.3%

What stands out

83%

of Medford 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%$51.0 million

Fees for services2.2%

Fees for services
2.2%$1.4 million
What's in fees for servicesSchool lunches; other school charges and 1 more
  • School lunches$832 thousand
  • Other school charges$501 thousand
  • School tuition and transportation$35 thousand

Amounts are by Census type of charge.

State tax money13%

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

From the state
13%$8.0 million

County and local tax money0.3%

Money passed on by the county or other local governments.

From the county and other local governments
0.3%$201 thousand

Fines and other1.2%

Interest, rents and other
1.2%$723 thousand

Where it goes

Schools and colleges99%Sent to other local governments0.7%Interest on debt0.5%

Spending by category100%

Schools and colleges
99%$72.9 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$72.9 million
Sent to other local governments
0.7%$528 thousand
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$434 thousand
  • Sent to the state government$94 thousand
Interest on debt
0.5%$335 thousand
Sources and moreWhere these numbers come from and what they cover

Medford 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 Medford 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.