City government · Hudson County, NJ

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

In the latest recorded fiscal year (ended December 31, 2023), Jersey City took in $671 million and spent $863 million.

Latest recorded year: ended December 31, 2023Comes fromGoes to

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Where it comes from

City taxes61%Federal tax money18%State tax money12%Fees for services (housing, parking)4.1%County and local tax money2.7%Fines and other2.3%

What stands out

57%

of Jersey City's money comes from property tax.A typical U.S. city of 50,000+ people gets 20%.

City taxes61%

Property tax
57%$385 million
Other taxes
3.5%$23.2 million
What's in other taxesOther selective sales taxes; other licenses and 3 more
  • Other selective sales taxes$10.6 million
  • Other licenses$10.5 million
  • Occupation and business licenses$1.4 million
  • Alcoholic beverage licenses$768 thousand
  • Amusement licenses$14 thousand

Amounts are by Census tax category.

Fees for services4.1%

Fees for services
4.1%$27.4 million
What's in fees for servicesHousing; parking and 3 more
  • Housing$11.6 million
  • Parking$10.1 million
  • Other service charges$5.1 million
  • Parks and recreation$360 thousand
  • Garbage collection$320 thousand

Amounts are by Census type of charge.

Federal tax money18%

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

From the federal government
18%$122 million

State tax money12%

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

From the state
12%$79.0 million

County and local tax money2.7%

Money passed on by the county or other local governments.

From the county and other local governments
2.7%$18.0 million

Fines and other2.3%

Fines
1.6%$10.5 million
Interest, rents and other
0.7%$4.8 million

Where it goes

Running the government and other costs35%Police, fire, courts and jails28%Housing and community development15%Parks, recreation and libraries8.9%Interest on debt4.0%All other spending8.3%

What stands out

15%

of Jersey City's spending goes to housing and community development.A typical U.S. city of 50,000+ people spends 1.4%.

Spending by category100%

Running the government and other costs
35%$304 million
What's in running the government and other costsOther and not broken out; government buildings and 2 more
  • Other and not broken out$266 million
  • Government buildings$16.8 million
  • Central staff services (personnel, purchasing, technology)$13.3 million
  • Finance, tax collection and budgeting$7.3 million
Police, fire, courts and jails
28%$244 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$151 million
  • Fire protection$77.0 million
  • Courts and legal services$13.3 million
  • Inspections and regulation$3.2 million
Housing and community development
15%$132 million
Parks, recreation and libraries
8.9%$76.3 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$44.8 million
  • Libraries$31.6 million
Interest on debt
4.0%$34.7 million
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$34.6 million
  • Interest on water supply debt$109 thousand
Roads, transit and parking
3.6%$30.8 million
What's in roads, transit and parkingRoads and highways and parking
  • Roads and highways$24.3 million
  • Parking$6.5 million
Water, sewer, trash and utilities
2.6%$22.3 million
What's in water, sewer, trash and utilitiesGarbage and solid waste; electric power and 2 more
  • Garbage and solid waste$18.7 million
  • Electric power$2.4 million
  • Gas supply$1.2 million
  • Water supply$63 thousand
Health and hospitals
1.8%$15.9 million
What's in health and hospitalsPublic health
  • Public health$15.9 million
Environment and natural resources
0.3%$2.9 million
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$2.9 million
Sources and moreWhere these numbers come from and what they cover

City of Jersey City. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023.

What this covers. The money of City of Jersey 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.