SOURCES OF CITY FUNDING FOR THE NEWTON PUBLIC SCHOOLS (FY23 ACTUAL)*
● Property Taxes ● Local Revenues ● Intergovernmental (State and Federal Aid)
Intergovernmental (State & Federal Aid), 13.4%
Local Revenues, 10%
Property Tax, 77%
* This chart assumes the school budget is financed in the same form as the total revenues of the City. The source of the data is as follows: City of Newton, Massachusetts, Annual Comprehensive Financial Report For the Year Ended 2023, page 9. In Other ( State aid ) includes Newton's "Cherry Sheet"and Chapter 70 Education Funding Exhibit now combines State & Federal funding combines as reported in the above mentioned Financial Report
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