School district · Sussex County, NJ

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

In the latest recorded fiscal year (ended June 30, 2024), Montague Township School District took in $11.8 million and spent $14.1 million.

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

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Where it comes from

School district taxes55%State tax money40%Fines and other2.5%Federal tax money1.6%Fees for services (school lunches)0.2%

What stands out

55%

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

School district taxes55%

Property tax
55%$6.6 million

Fees for services0.2%

Fees for services
0.2%$23 thousand
What's in fees for servicesSchool lunches and other school charges
  • School lunches$16 thousand
  • Other school charges$7 thousand

Amounts are by Census type of charge.

Federal tax money1.6%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
1.6%$190 thousand

State tax money40%

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

From the state
40%$4.8 million

Fines and other2.5%

Interest, rents and other
2.5%$297 thousand

Where it goes

Schools and colleges84%Sent to other local governments16%

What stands out

16%

of Montague Township School District's spending goes to local governments.A typical school district with fewer than 5,000 students spends 1.3%.

Spending by category100%

Schools and colleges
84%$11.9 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$11.9 million
Sent to other local governments
16%$2.2 million
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$2.2 million
  • Sent to the state government$1 thousand
Sources and moreWhere these numbers come from and what they cover

Montague 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 Montague 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.