School district · Bergen County, NJ

Palisades Park Borough School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Palisades Park Borough School District took in $35.9 million and spent $43.3 million.

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

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Where it comes from

School district taxes72%State tax money24%Fees for services (school lunches)2.0%Fines and other1.6%

What stands out

72%

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

School district taxes72%

Property tax
72%$25.9 million

Fees for services2.0%

Fees for services
2.0%$720 thousand
What's in fees for servicesSchool lunches and other school charges
  • School lunches$369 thousand
  • Other school charges$351 thousand

Amounts are by Census type of charge.

State tax money24%

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

From the state
24%$8.8 million

Fines and other1.6%

Interest, rents and other
1.6%$565 thousand

Where it goes

Schools and colleges95%Sent to other local governments4.9%

What stands out

4.9%

of Palisades Park 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
95%$41.2 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$41.2 million
Sent to other local governments
4.9%$2.1 million
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$2.1 million
  • Sent to the state government$13 thousand
Sources and moreWhere these numbers come from and what they cover

Palisades Park 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 Palisades Park 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.