School district · Monmouth County, NJ

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

In the latest recorded fiscal year (ended June 30, 2024), Neptune Township School District took in $88.8 million and spent $111 million.

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

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Where it comes from

School district taxes57%State tax money34%County and local tax money6.4%Fees for services (school lunches)1.4%Fines and other0.9%

What stands out

57%

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

School district taxes57%

Property tax
57%$51.0 million

Fees for services1.4%

Fees for services
1.4%$1.3 million
What's in fees for servicesOther school charges and school lunches
  • Other school charges$844 thousand
  • School lunches$407 thousand

Amounts are by Census type of charge.

State tax money34%

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

From the state
34%$30.0 million

County and local tax money6.4%

Money passed on by the county or other local governments.

From the county and other local governments
6.4%$5.7 million

Fines and other0.9%

Interest, rents and other
0.9%$780 thousand

Where it goes

Schools and colleges99%Sent to other local governments1.2%

Spending by category100%

Schools and colleges
99%$110 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$110 million
Sent to other local governments
1.2%$1.3 million
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$1.2 million
  • Sent to the state government$103 thousand
Sources and moreWhere these numbers come from and what they cover

Neptune 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 Neptune 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.