School district · Monmouth County, NJ

Neptune City Borough School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Neptune City Borough School District took in $10.9 million and spent $11.5 million.

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

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Where it comes from

School district taxes73%State tax money26%Fees for services (school lunches, school tuition and transportation)0.7%Fines and other0.4%

What stands out

73%

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

School district taxes73%

Property tax
73%$7.9 million

Fees for services0.7%

Fees for services
0.7%$72 thousand
What's in fees for servicesSchool lunches; other school charges and 1 more
  • School lunches$39 thousand
  • Other school charges$28 thousand
  • School tuition and transportation$5 thousand

Amounts are by Census type of charge.

State tax money26%

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

From the state
26%$2.8 million

Fines and other0.4%

Interest, rents and other
0.4%$43 thousand

Where it goes

Schools and colleges81%Sent to other local governments18%Interest on debt0.6%

What stands out

18%

of Neptune City Borough 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
81%$9.3 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$9.3 million
Sent to other local governments
18%$2.1 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$2.1 million
Interest on debt
0.6%$65 thousand
Sources and moreWhere these numbers come from and what they cover

Neptune City Borough 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 Neptune City Borough 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.