Montclair State fills state tax coffers through sales and business taxes paid, employee income taxes, ancillary student spending and the wage premium of our graduates.
$23 million
in income, sales and business taxes generated, with more than 50 percent, or $12 million, from income taxes on employees and from indirect jobs supported by our operations
$2 million
in estimated tax revenue from ancillary student spending a year
$4 million
in annual tax revenues from wage premium of our graduates
$4 million
in additional tax revenue generated from jobs and material expenditures by capital investment projects for FY 2011-2015