Township government · Monmouth County, NJ

Holmdel Township's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Holmdel Township took in $10.5 million and spent $19.5 million.

Latest recorded year: ended December 31, 2021Estimated by the U.S. Census BureauComes fromGoes to

See every government that serves your ZIP

Where it comes from

Fees for services (sewer, parks and recreation)45%Township taxes27%State tax money20%Fines and other8.8%

What stands out

45%

of Holmdel Township's money comes from fees for services such as water, sewer and parking.A typical U.S. township or town of 10,000 to 50,000 people gets 8.8%.

Township taxes27%

Other taxes
27%$2.8 million
What's in other taxesOther licenses; public utility taxes and 1 more
  • Other licenses$2.5 million
  • Public utility taxes$259 thousand
  • Alcoholic beverage licenses$14 thousand

Amounts are by Census tax category.

Fees for services45%

Fees for services
45%$4.7 million
What's in fees for servicesSewer and parks and recreation
  • Sewer$3.6 million
  • Parks and recreation$1.1 million

Amounts are by Census type of charge.

State tax money20%

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

From the state
20%$2.1 million

Fines and other8.8%

Fines
5.8%$608 thousand
Interest, rents and other
3.0%$311 thousand

Where it goes

Police, fire, courts and jails43%Running the government and other costs26%Water, sewer, trash and utilities20%Roads, transit and parking6.7%Interest on debt2.8%All other spending1.7%

What stands out

43%

of Holmdel Township's spending goes to police, fire, courts and jails.A typical U.S. township or town of 10,000 to 50,000 people spends 16%.

Spending by category100%

Police, fire, courts and jails
43%$8.3 million
What's in police, fire, courts and jailsPolice; courts and legal services and 2 more
  • Police$6.9 million
  • Courts and legal services$652 thousand
  • Inspections and regulation$597 thousand
  • Fire protection$220 thousand
Running the government and other costs
26%$5.0 million
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 2 more
  • Other and not broken out$3.5 million
  • Finance, tax collection and budgeting$834 thousand
  • Central staff services (personnel, purchasing, technology)$569 thousand
  • Government buildings$135 thousand
Water, sewer, trash and utilities
20%$4.0 million
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
  • Sewer systems$3.3 million
  • Garbage and solid waste$684 thousand
Roads, transit and parking
6.7%$1.3 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.3 million
Interest on debt
2.8%$557 thousand
Parks, recreation and libraries
1.6%$321 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$319 thousand
  • Libraries$2 thousand
Health and hospitals
<0.1%$13 thousand
What's in health and hospitalsPublic health
  • Public health$13 thousand
Sources and moreWhere these numbers come from and what they cover

Holmdel Township. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Holmdel Township 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.