School district · Burlington County, NJ

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

In the latest recorded fiscal year (ended June 30, 2024), Mount Laurel Township School District took in $90.4 million and spent $112 million.

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

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Where it comes from

School district taxes77%State tax money19%Fines and other2.3%Fees for services (school lunches)1.9%

What stands out

77%

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

School district taxes77%

Property tax
77%$69.2 million

Fees for services1.9%

Fees for services
1.9%$1.7 million
What's in fees for servicesOther school charges and school lunches
  • Other school charges$965 thousand
  • School lunches$725 thousand

Amounts are by Census type of charge.

State tax money19%

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

From the state
19%$17.4 million

Fines and other2.3%

Interest, rents and other
2.3%$2.1 million

Where it goes

Schools and colleges97%Sent to other local governments2.5%Interest on debt0.9%

Spending by category100%

Schools and colleges
97%$108 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$108 million
Sent to other local governments
2.5%$2.7 million
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$2.7 million
  • Sent to the state government$84 thousand
Interest on debt
0.9%$961 thousand
Sources and moreWhere these numbers come from and what they cover

Mount Laurel 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 Mount Laurel 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.