School district · Ocean County, NJ

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

In the latest recorded fiscal year (ended June 30, 2024), Plumsted Township School District took in $24.2 million and spent $30.8 million.

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

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Where it comes from

School district taxes57%State tax money33%Federal tax money5.5%Fees for services (school lunches)3.4%Fines and other1.0%

What stands out

57%

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

School district taxes57%

Property tax
57%$13.8 million

Fees for services3.4%

Fees for services
3.4%$820 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$580 thousand
  • School lunches$240 thousand

Amounts are by Census type of charge.

Federal tax money5.5%

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

From the federal government
5.5%$1.3 million

State tax money33%

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

From the state
33%$8.0 million

Fines and other1.0%

Interest, rents and other
1.0%$248 thousand

Where it goes

Schools and colleges97%Sent to other local governments2.4%Interest on debt0.3%

Spending by category100%

Schools and colleges
97%$29.9 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$29.9 million
Sent to other local governments
2.4%$748 thousand
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$677 thousand
  • Sent to the state government$71 thousand
Interest on debt
0.3%$86 thousand
Sources and moreWhere these numbers come from and what they cover

Plumsted 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 Plumsted 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.