School district · Middlesex County, NJ

Old Bridge Township Public Schs.'s money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Old Bridge Township Public Schs. took in $163 million and spent $211 million.

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

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Where it comes from

School district taxes72%State tax money25%Fees for services (school lunches, school tuition and transportation)2.5%Fines and other1.1%

What stands out

72%

of Old Bridge Township Public Schs.'s money comes from property tax.A typical school district with 5,000 to 25,000 students gets 29%.

School district taxes72%

Property tax
72%$117 million

Fees for services2.5%

Fees for services
2.5%$4.0 million
What's in fees for servicesSchool lunches; other school charges and 1 more
  • School lunches$1.9 million
  • Other school charges$1.8 million
  • School tuition and transportation$236 thousand

Amounts are by Census type of charge.

State tax money25%

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

From the state
25%$40.4 million

Fines and other1.1%

Interest, rents and other
1.1%$1.9 million

Where it goes

Schools and colleges98%Sent to other local governments1.2%Interest on debt0.4%

Spending by category100%

Schools and colleges
98%$208 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$208 million
Sent to other local governments
1.2%$2.5 million
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$2.3 million
  • Sent to the state government$159 thousand
Interest on debt
0.4%$808 thousand
Sources and moreWhere these numbers come from and what they cover

Old Bridge Township Public Schs.. 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 Old Bridge Township Public Schs. 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.