School district · Bergen County, NJ

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

In the latest recorded fiscal year (ended June 30, 2024), South Hackensack Township School District took in $11.3 million and spent $12.1 million.

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

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Where it comes from

School district taxes80%State tax money15%Fines and other4.0%Fees for services (school tuition and transportation, school lunches)1.5%

What stands out

80%

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

School district taxes80%

Property tax
80%$9.0 million

Fees for services1.5%

Fees for services
1.5%$166 thousand
What's in fees for servicesOther school charges; school tuition and transportation and 1 more
  • Other school charges$100 thousand
  • School tuition and transportation$58 thousand
  • School lunches$8 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%$1.7 million

Fines and other4.0%

Interest, rents and other
4.0%$450 thousand

Where it goes

Schools and colleges71%Sent to other local governments29%Interest on debt0.2%

What stands out

29%

of South Hackensack Township 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
71%$8.6 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$8.6 million
Sent to other local governments
29%$3.5 million
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$3.4 million
  • Sent to the state government$19 thousand
Interest on debt
0.2%$24 thousand
Sources and moreWhere these numbers come from and what they cover

South Hackensack 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 South Hackensack 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.