Track Every Dollar · New Jersey

Colts Neck Township School District

Every dollar this school system reported for the 2023-24 school year: where it came from and where it went.

Where the money comes from

Select federal, state or local to see every line.

Federal $2.0 million4.9%
  • Impact Aid$1.2 million59.8%
  • All other federal money$467,00023.8%
  • Special education (IDEA)$247,00012.6%
  • Title I: schools with many low-income families$48,0002.4%
  • Teacher and principal training (Title II)$28,0001.4%

Inside the federal total: $460,000 of pandemic relief (ESSER and related funds), which ended in 2024.

State $10.1 million25.1%
  • Paid by the state for the district (benefits and other costs)$6.8 million66.9%
  • Special education$1.7 million17.0%
  • All other state money$962,0009.5%
  • Transportation$652,0006.4%
  • Buildings and debt payments$22,0000.2%
Local $28.4 million70.1%
  • Property taxes$26.4 million93.0%
  • Tuition, fees, meals and other charges$900,0003.2%
  • Interest, rents, donations and other$773,0002.7%
  • From other school districts$304,0001.1%

Where it goes

  • Teaching (instruction)$20.7 million43.9%
  • Support services Details$14.5 million30.7%
    • Running and maintaining buildings$3.6 million24.9%
    • Student support: attendance, guidance, health and psychological services$3.4 million23.7%
    • Teacher support: curriculum, training, libraries$1.7 million11.4%
    • Other support services and benefits paid by the state$1.6 million11.1%
    • Student transportation$1.5 million10.6%
    • Business office and central services$1.0 million7.0%
    • School administration: principals' offices$947,0006.5%
    • District administration: the board and superintendent's office$697,0004.8%
  • Buildings and equipment Details$10.5 million22.3%

    Of this, construction: $10.2 million.

  • Food service and other$720,0001.5%
  • Interest on debt$243,0000.5%
  • Payments to state and local governments$40,000under 0.1%
  • Payments to other school districts$469,0001.0%

Inside these totals: $17.8 million in salaries and wages, $6.3 million in employee benefits. Long-term debt at year end: $8.9 million.

The record

Day-to-day spending per student is current spending (teaching, support and food service) divided by fall enrollment (984). Amounts are reported by the school system to the U.S. Census Bureau. Census ID 188421, NCES ID 3403450.

Source: U.S. Census Bureau, Annual Survey of School System Finances, Public Elementary-Secondary Education Finances: Fiscal Year 2024. School year 2023-24. census.gov the data file

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