School district · Cape May County, NJ

West Cape May Borough School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), West Cape May Borough School District took in $2.4 million and spent $2.8 million.

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

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Where it comes from

School district taxes57%State tax money42%Fines and other1.1%Fees for services0.3%

What stands out

57%

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

School district taxes57%

Property tax
57%$1.4 million

Fees for services0.3%

Fees for services
0.3%$7 thousand
What's in fees for servicesOther school charges
  • Other school charges$7 thousand

Amounts are by Census type of charge.

State tax money42%

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

From the state
42%$995 thousand

Fines and other1.1%

Interest, rents and other
1.1%$27 thousand

Where it goes

Schools and colleges86%Sent to other local governments14%

What stands out

14%

of West Cape May 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
86%$2.4 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$2.4 million
Sent to other local governments
14%$382 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$382 thousand
Sources and moreWhere these numbers come from and what they cover

West Cape May 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 West Cape May 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.