School district · Bergen County, NJ

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

In the latest recorded fiscal year (ended June 30, 2024), Ramsey Borough School District took in $78.8 million and spent $96.0 million.

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

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Where it comes from

School district taxes85%State tax money8.0%Fees for services (school lunches, school tuition and transportation)4.0%County and local tax money1.7%Fines and other1.6%

What stands out

85%

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

School district taxes85%

Property tax
85%$66.9 million

Fees for services4.0%

Fees for services
4.0%$3.1 million
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$2.1 million
  • School lunches$682 thousand
  • School tuition and transportation$354 thousand

Amounts are by Census type of charge.

State tax money8.0%

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

From the state
8.0%$6.3 million

County and local tax money1.7%

Money passed on by the county or other local governments.

From the county and other local governments
1.7%$1.3 million

Fines and other1.6%

Interest, rents and other
1.6%$1.2 million

Where it goes

Schools and colleges98%Interest on debt1.5%Sent to other local governments0.8%

Spending by category100%

Schools and colleges
98%$93.8 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$93.8 million
Interest on debt
1.5%$1.4 million
Sent to other local governments
0.8%$778 thousand
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$769 thousand
  • Sent to the state government$9 thousand
Sources and moreWhere these numbers come from and what they cover

Ramsey 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 Ramsey 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.