School district · Middlesex County, NJ

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

In the latest recorded fiscal year (ended June 30, 2024), Monroe Township School District took in $152 million and spent $174 million.

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

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Where it comes from

School district taxes83%State tax money10%Fees for services (school lunches, school tuition and transportation)3.3%County and local tax money3.0%Fines and other0.9%

What stands out

83%

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

School district taxes83%

Property tax
83%$125 million

Fees for services3.3%

Fees for services
3.3%$5.0 million
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$2.4 million
  • School lunches$2.3 million
  • School tuition and transportation$336 thousand

Amounts are by Census type of charge.

State tax money10%

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

From the state
10%$15.5 million

County and local tax money3.0%

Money passed on by the county or other local governments.

From the county and other local governments
3.0%$4.5 million

Fines and other0.9%

Interest, rents and other
0.9%$1.3 million

Where it goes

Schools and colleges96%Sent to other local governments2.4%Interest on debt1.4%

Spending by category100%

Schools and colleges
96%$167 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$167 million
Sent to other local governments
2.4%$4.1 million
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$4.0 million
  • Sent to the state government$106 thousand
Interest on debt
1.4%$2.4 million
Sources and moreWhere these numbers come from and what they cover

Monroe 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 Monroe 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.