Borough government · Monmouth County, NJ

Belmar's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Belmar took in $42.7 million and spent $24.6 million.

Latest recorded year: ended December 31, 2021Comes fromGoes to

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Where it comes from

Borough taxes56%Fees for services (parks and recreation, water)36%County and local tax money3.8%Fines and other2.1%Federal tax money1.4%State tax money<0.1%

What stands out

56%

of Belmar's money comes from property tax.A typical U.S. city, town or village of under 10,000 people gets 15%.

Borough taxes56%

Property tax
56%$23.8 million
Other taxes
0.7%$286 thousand
What's in other taxesOther licenses; occupation and business licenses and 1 more
  • Other licenses$222 thousand
  • Occupation and business licenses$34 thousand
  • Alcoholic beverage licenses$30 thousand

Amounts are by Census tax category.

Fees for services36%

Fees for services
36%$15.5 million
What's in fees for servicesOther service charges; parks and recreation and 4 more
  • Other service charges$5.3 million
  • Parks and recreation$4.0 million
  • Water$3.8 million
  • Other government-run businesses$1.8 million
  • Parking$313 thousand
  • Housing$240 thousand

Amounts are by Census type of charge.

Federal tax money1.4%

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

From the federal government
1.4%$601 thousand

State tax money<0.1%

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

From the state
<0.1%$32 thousand

County and local tax money3.8%

Money passed on by the county or other local governments.

From the county and other local governments
3.8%$1.6 million

Fines and other2.1%

Fines
2.0%$843 thousand
Interest, rents and other
0.2%$74 thousand

Where it goes

Police, fire, courts and jails30%Running the government and other costs15%Water, sewer, trash and utilities15%Parks, recreation and libraries13%Roads, transit and parking12%All other spending14%

What stands out

30%

of Belmar's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Police, fire, courts and jails
30%$7.4 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$5.3 million
  • Fire protection$1.1 million
  • Courts and legal services$577 thousand
  • Inspections and regulation$490 thousand
Running the government and other costs
15%$3.8 million
What's in running the government and other costsFinance, tax collection and budgeting; central staff services (personnel, purchasing, technology) and 2 more
  • Finance, tax collection and budgeting$2.6 million
  • Central staff services (personnel, purchasing, technology)$593 thousand
  • Other and not broken out$388 thousand
  • Government buildings$187 thousand
Water, sewer, trash and utilities
15%$3.7 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$1.6 million
  • Water supply$1.3 million
  • Garbage and solid waste$825 thousand
Parks, recreation and libraries
13%$3.2 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$2.8 million
  • Libraries$312 thousand
Roads, transit and parking
12%$3.0 million
What's in roads, transit and parkingRoads and highways and parking
  • Roads and highways$2.9 million
  • Parking$99 thousand
Interest on debt
6.8%$1.7 million
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$1.4 million
  • Interest on water supply debt$314 thousand
Health and hospitals
6.1%$1.5 million
What's in health and hospitalsPublic health
  • Public health$1.5 million
Housing and community development
1.3%$322 thousand
Sources and moreWhere these numbers come from and what they cover

Borough of Belmar. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Borough of Belmar 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.