School district · Monmouth County, NJ

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

In the latest recorded fiscal year (ended June 30, 2024), Middletown Township School District took in $223 million and spent $271 million.

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

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Where it comes from

School district taxes72%Fees for services (school lunches, school tuition and transportation)16%State tax money11%Fines and other0.6%County and local tax money0.3%

What stands out

72%

of Middletown Township School District's money comes from property tax.A typical school district with 5,000 to 25,000 students gets 29%.

School district taxes72%

Property tax
72%$161 million

Fees for services16%

Fees for services
16%$35.1 million
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$32.8 million
  • School lunches$1.9 million
  • School tuition and transportation$366 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%$24.6 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%$671 thousand

Fines and other0.6%

Interest, rents and other
0.6%$1.4 million

Where it goes

Schools and colleges97%Sent to other local governments2.6%Interest on debt0.4%

Spending by category100%

Schools and colleges
97%$262 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$262 million
Sent to other local governments
2.6%$7.2 million
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$7.1 million
  • Sent to the state government$73 thousand
Interest on debt
0.4%$1.2 million
Sources and moreWhere these numbers come from and what they cover

Middletown 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 Middletown 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.