School district · Salem County, NJ

Penns Grove Carneys Point Regional School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Penns Grove Carneys Point Regional School District took in $57.1 million and spent $60.8 million.

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

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Where it comes from

State tax money77%School district taxes20%Fees for services (school lunches)1.3%Fines and other0.9%County and local tax money0.6%

What stands out

77%

of Penns Grove Carneys Point Regional School District's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes20%

Property tax
20%$11.4 million

Fees for services1.3%

Fees for services
1.3%$739 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$497 thousand
  • School lunches$242 thousand

Amounts are by Census type of charge.

State tax money77%

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

From the state
77%$44.0 million

County and local tax money0.6%

Money passed on by the county or other local governments.

From the county and other local governments
0.6%$368 thousand

Fines and other0.9%

Interest, rents and other
0.9%$526 thousand

Where it goes

Schools and colleges94%Sent to other local governments5.0%Interest on debt0.7%

What stands out

5%

of Penns Grove Carneys Point Regional 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
94%$57.3 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$57.3 million
Sent to other local governments
5.0%$3.0 million
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$3.0 million
  • Sent to the state government$57 thousand
Interest on debt
0.7%$417 thousand
Sources and moreWhere these numbers come from and what they cover

Penns Grove Carneys Point Regional 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 Penns Grove Carneys Point Regional 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.