School district · Hunterdon County, NJ

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

In the latest recorded fiscal year (ended June 30, 2024), Readington Township School District took in $41.5 million and spent $48.7 million.

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

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Where it comes from

School district taxes83%State tax money15%Fees for services (school lunches, school tuition and transportation)1.9%Fines and other0.7%

What stands out

83%

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

School district taxes83%

Property tax
83%$34.4 million

Fees for services1.9%

Fees for services
1.9%$809 thousand
What's in fees for servicesSchool lunches; other school charges and 1 more
  • School lunches$586 thousand
  • Other school charges$219 thousand
  • School tuition and transportation$4 thousand

Amounts are by Census type of charge.

State tax money15%

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

From the state
15%$6.1 million

Fines and other0.7%

Interest, rents and other
0.7%$304 thousand

Where it goes

Schools and colleges99%Sent to other local governments0.9%Interest on debt0.6%

Spending by category100%

Schools and colleges
99%$48.0 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$48.0 million
Sent to other local governments
0.9%$417 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$417 thousand
Interest on debt
0.6%$300 thousand
Sources and moreWhere these numbers come from and what they cover

Readington 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 Readington 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.