School district · Monmouth County, NJ

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

In the latest recorded fiscal year (ended June 30, 2024), Spring Lake Borough School District took in $8.3 million and spent $8.6 million.

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

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Where it comes from

School district taxes82%State tax money11%Fees for services (school tuition and transportation, school lunches)3.4%Fines and other2.9%

What stands out

82%

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

School district taxes82%

Property tax
82%$6.8 million

Fees for services3.4%

Fees for services
3.4%$284 thousand
What's in fees for servicesSchool tuition and transportation; other school charges and 1 more
  • School tuition and transportation$187 thousand
  • Other school charges$95 thousand
  • School lunches$2 thousand

Amounts are by Census type of charge.

State tax money11%

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

From the state
11%$941 thousand

Fines and other2.9%

Interest, rents and other
2.9%$242 thousand

Where it goes

Schools and colleges85%Sent to other local governments15%

What stands out

15%

of Spring Lake 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
85%$7.3 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$7.3 million
Sent to other local governments
15%$1.3 million
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$1.3 million
  • Sent to the state government$1 thousand
Sources and moreWhere these numbers come from and what they cover

Spring Lake 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 Spring Lake 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.