School district · Ocean County, NJ

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

In the latest recorded fiscal year (ended June 30, 2024), Ocean Township School District took in $19.9 million and spent $21.9 million.

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

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Where it comes from

School district taxes71%State tax money26%Fees for services (school lunches, school tuition and transportation)2.1%Fines and other1.8%

What stands out

71%

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

School district taxes71%

Property tax
71%$14.0 million

Fees for services2.1%

Fees for services
2.1%$421 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$197 thousand
  • School lunches$121 thousand
  • School tuition and transportation$103 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%$5.1 million

Fines and other1.8%

Interest, rents and other
1.8%$358 thousand

Where it goes

Schools and colleges65%Sent to other local governments34%Interest on debt0.4%

What stands out

34%

of Ocean 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
65%$14.3 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$14.3 million
Sent to other local governments
34%$7.5 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$7.5 million
Interest on debt
0.4%$85 thousand
Sources and moreWhere these numbers come from and what they cover

Ocean 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 Ocean 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.