School district · Montgomery County, PA

Norristown Area School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Norristown Area School District took in $203 million and spent $187 million.

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

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Where it comes from

School district taxes59%State tax money36%Fines and other3.5%County and local tax money0.9%Federal tax money0.8%Fees for services (school lunches, school tuition and transportation)<0.1%

What stands out

53%

of Norristown Area School District's money comes from property tax.A typical school district with 5,000 to 25,000 students gets 29%.

School district taxes59%

Property tax
53%$107 million
Individual income tax
4.9%$10.0 million
Other taxes
0.9%$1.8 million
What's in other taxesOther taxes not classified elsewhere and public utility taxes
  • Other taxes not classified elsewhere$1.7 million
  • Public utility taxes$108 thousand

Amounts are by Census tax category.

Fees for services<0.1%

Fees for services
<0.1%$189 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$158 thousand
  • School lunches$18 thousand
  • School tuition and transportation$13 thousand

Amounts are by Census type of charge.

Federal tax money0.8%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
0.8%$1.6 million

State tax money36%

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

From the state
36%$73.5 million

County and local tax money0.9%

Money passed on by the county or other local governments.

From the county and other local governments
0.9%$1.8 million

Fines and other3.5%

Interest, rents and other
3.5%$7.1 million

Where it goes

Schools and colleges95%Sent to other local governments3.3%Interest on debt1.9%

Spending by category100%

Schools and colleges
95%$177 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$177 million
Sent to other local governments
3.3%$6.2 million
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$6.2 million
Interest on debt
1.9%$3.6 million
Sources and moreWhere these numbers come from and what they cover

Norristown Area 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 Norristown Area 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.