School district · Montgomery County, PA

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

In the latest recorded fiscal year (ended June 30, 2024), Cheltenham Township School District took in $142 million and spent $132 million.

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

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Where it comes from

School district taxes72%State tax money24%Fines and other3.1%Fees for services (school lunches)0.7%County and local tax money0.7%

What stands out

67%

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

School district taxes72%

Property tax
67%$94.5 million
Individual income tax
3.4%$4.9 million
Other taxes
0.9%$1.3 million
What's in other taxesOther taxes not classified elsewhere and public utility taxes
  • Other taxes not classified elsewhere$1.2 million
  • Public utility taxes$90 thousand

Amounts are by Census tax category.

Sales tax
0.5%$661 thousand

Fees for services0.7%

Fees for services
0.7%$929 thousand
What's in fees for servicesSchool lunches and other school charges
  • School lunches$755 thousand
  • Other school charges$174 thousand

Amounts are by Census type of charge.

State tax money24%

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

From the state
24%$33.9 million

County and local tax money0.7%

Money passed on by the county or other local governments.

From the county and other local governments
0.7%$922 thousand

Fines and other3.1%

Interest, rents and other
3.1%$4.4 million

Where it goes

Schools and colleges93%Sent to other local governments3.5%Interest on debt3.3%

What stands out

93%

of Cheltenham Township School District's spending goes to schools and colleges.A typical school district with fewer than 5,000 students spends 97%.

Spending by category100%

Schools and colleges
93%$123 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$123 million
Sent to other local governments
3.5%$4.6 million
What's in sent to other local governmentsSent to school districts and sent to local governments: other and not broken out
  • Sent to school districts$4.5 million
  • Sent to local governments: other and not broken out$64 thousand
Interest on debt
3.3%$4.4 million
Sources and moreWhere these numbers come from and what they cover

Cheltenham 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 Cheltenham 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.