School district · Bergen County, NJ

Wood-Ridge School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Wood-Ridge School District took in $39.8 million and spent $44.3 million.

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

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Where it comes from

School district taxes53%State tax money39%County and local tax money3.6%Fees for services (school tuition and transportation, school lunches)2.1%Fines and other1.8%

What stands out

53%

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

School district taxes53%

Property tax
53%$21.1 million

Fees for services2.1%

Fees for services
2.1%$847 thousand
What's in fees for servicesSchool tuition and transportation; school lunches and 1 more
  • School tuition and transportation$363 thousand
  • School lunches$326 thousand
  • Other school charges$158 thousand

Amounts are by Census type of charge.

State tax money39%

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

From the state
39%$15.6 million

County and local tax money3.6%

Money passed on by the county or other local governments.

From the county and other local governments
3.6%$1.4 million

Fines and other1.8%

Interest, rents and other
1.8%$724 thousand

Where it goes

Schools and colleges92%Sent to other local governments7.9%Interest on debt0.6%

What stands out

7.9%

of Wood-Ridge 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
92%$40.5 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$40.5 million
Sent to other local governments
7.9%$3.5 million
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$3.5 million
  • Sent to the state government$30 thousand
Interest on debt
0.6%$252 thousand
Sources and moreWhere these numbers come from and what they cover

Wood-Ridge 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 Wood-Ridge 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.