School district · Burlington County, NJ

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

In the latest recorded fiscal year (ended June 30, 2024), New Hanover Township School District took in $6.2 million and spent $7.1 million.

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

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Where it comes from

State tax money55%School district taxes31%Federal tax money12%Fines and other1.4%Fees for services (school lunches)0.4%

What stands out

12%

of New Hanover Township School District's money comes from federal tax money.Most school districts with fewer than 5,000 students get none.

School district taxes31%

Property tax
31%$2.0 million

Fees for services0.4%

Fees for services
0.4%$25 thousand
What's in fees for servicesSchool lunches and other school charges
  • School lunches$24 thousand
  • Other school charges$1 thousand

Amounts are by Census type of charge.

Federal tax money12%

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

From the federal government
12%$758 thousand

State tax money55%

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

From the state
55%$3.4 million

Fines and other1.4%

Interest, rents and other
1.4%$87 thousand

Where it goes

Schools and colleges85%Sent to other local governments15%

What stands out

15%

of New Hanover 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
85%$6.0 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$6.0 million
Sent to other local governments
15%$1.1 million
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$941 thousand
  • Sent to the state government$112 thousand
Sources and moreWhere these numbers come from and what they cover

New Hanover 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 New Hanover 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.