City government · Atlantic County, NJ

Atlantic City's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2023), Atlantic City took in $214 million and spent $227 million.

Latest recorded year: ended December 31, 2023Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

State tax money35%City taxes23%Federal tax money19%Fees for services (water, housing)14%Fines and other6.9%County and local tax money2.4%

What stands out

19%

of Atlantic City's money comes from federal tax money.A typical U.S. city of 10,000 to 50,000 people gets 1.2%.

City taxes23%

Property tax
20%$42.9 million
Other taxes
2.8%$5.9 million
What's in other taxesOther licenses; alcoholic beverage licenses and 2 more
  • Other licenses$5.5 million
  • Alcoholic beverage licenses$218 thousand
  • Public utility taxes$132 thousand
  • Real estate and stock transfer taxes$30 thousand

Amounts are by Census tax category.

Fees for services14%

Fees for services
14%$30.8 million
What's in fees for servicesWater; housing and 4 more
  • Water$18.1 million
  • Housing$6.3 million
  • Road charges$4.4 million
  • Parking$1.0 million
  • Parks and recreation$614 thousand
  • Other service charges$387 thousand

Amounts are by Census type of charge.

Federal tax money19%

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

From the federal government
19%$39.8 million

State tax money35%

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

From the state
35%$74.3 million

County and local tax money2.4%

Money passed on by the county or other local governments.

From the county and other local governments
2.4%$5.2 million

Fines and other6.9%

Interest, rents and other
5.8%$12.5 million
Fines
1.1%$2.3 million

Where it goes

Running the government and other costs32%Police, fire, courts and jails26%Housing and community development15%Roads, transit and parking9.6%Interest on debt6.8%All other spending9.3%

What stands out

15%

of Atlantic City's spending goes to housing and community development.Most U.S. cities of 10,000 to 50,000 people spend nothing on this.

Spending by category100%

Running the government and other costs
32%$73.8 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
  • Other and not broken out$64.2 million
  • Central staff services (personnel, purchasing, technology)$5.7 million
  • Finance, tax collection and budgeting$2.8 million
  • Government buildings$1.1 million
Police, fire, courts and jails
26%$59.9 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$34.7 million
  • Fire protection$21.3 million
  • Inspections and regulation$2.2 million
  • Courts and legal services$1.6 million
Housing and community development
15%$35.1 million
Roads, transit and parking
9.6%$21.8 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$21.8 million
Interest on debt
6.8%$15.5 million
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$15.4 million
  • Interest on water supply debt$104 thousand
Water, sewer, trash and utilities
6.2%$14.0 million
What's in water, sewer, trash and utilitiesWater supply and garbage and solid waste
  • Water supply$10.7 million
  • Garbage and solid waste$3.3 million
Parks, recreation and libraries
2.0%$4.5 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$2.6 million
  • Libraries$1.9 million
Health and hospitals
0.8%$1.8 million
What's in health and hospitalsPublic health
  • Public health$1.8 million
Social services
0.4%$802 thousand
What's in social servicesOther public welfare
  • Other public welfare$802 thousand
Sources and moreWhere these numbers come from and what they cover

City of Atlantic City. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself.

What this covers. The money of City of Atlantic City 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.