Newark Expenses and Revenues, 2004

 

Total Cost:  $  1,457,416,435 % of Total
City:  $     572,041,101 39.3%
Schools:  $     885,375,334 60.7%
   
Revenue Sources:    
Property Taxes  $     188,355,513 12.9%
State aid  $     644,049,094 44.2%
Fees, Grants & Misc Revenue  $     625,011,828 42.9%
   
Property Tax Sources:  $     188,355,513  
Residential  $       79,261,405 5.4%
Non-Residential  $     109,094,108 7.5%
   
City Cost:  $     572,041,101  
Municipal Aid  $     111,553,952 19.5%
Municipal Levy  $     106,823,762 18.7%
Residential  $       44,952,236 7.9%
Non-Residential  $       61,871,526 10.8%
Misc Rev  $     353,663,387 61.8%
   
School Cost:  $     885,375,334  
Education Aid  $     532,495,142 60.1%
Municipal Levy  $       81,531,751 9.2%
Residential  $       34,309,169 3.9%
Non-Residential  $       47,222,582 5.3%
Misc Rev  $     271,348,441 30.6%