School district · Burlington County, NJ

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

In the latest recorded fiscal year (ended June 30, 2024), Riverton Borough School District took in $6.8 million and spent $8.2 million.

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

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Where it comes from

School district taxes86%State tax money12%Fees for services (school lunches, school tuition and transportation)1.0%Fines and other0.5%County and local tax money0.2%

What stands out

86%

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

School district taxes86%

Property tax
86%$5.9 million

Fees for services1.0%

Fees for services
1.0%$66 thousand
What's in fees for servicesSchool lunches; other school charges and 1 more
  • School lunches$30 thousand
  • Other school charges$23 thousand
  • School tuition and transportation$13 thousand

Amounts are by Census type of charge.

State tax money12%

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

From the state
12%$816 thousand

County and local tax money0.2%

Money passed on by the county or other local governments.

From the county and other local governments
0.2%$15 thousand

Fines and other0.5%

Interest, rents and other
0.5%$36 thousand

Where it goes

Schools and colleges87%Sent to other local governments13%

What stands out

13%

of Riverton 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
87%$7.1 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$7.1 million
Sent to other local governments
13%$1.1 million
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$1.1 million
  • Sent to the state government$9 thousand
Sources and moreWhere these numbers come from and what they cover

Riverton 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 Riverton 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.