Borough government · Monmouth County, NJ

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

In the latest recorded fiscal year (ended December 31, 2021), Keansburg took in $29.2 million and spent $28.1 million.

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

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Where it comes from

Borough taxes48%Fees for services (sewer, parking)19%Fines and other14%Federal tax money14%State tax money5.3%County and local tax money0.2%

What stands out

14%

of Keansburg's money comes from federal tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

Borough taxes48%

Property tax
46%$13.4 million
Other taxes
2.4%$701 thousand
What's in other taxesOther licenses; public utility taxes and 1 more
  • Other licenses$548 thousand
  • Public utility taxes$134 thousand
  • Alcoholic beverage licenses$19 thousand

Amounts are by Census tax category.

Fees for services19%

Fees for services
19%$5.4 million
What's in fees for servicesSewer and parking
  • Sewer$5.1 million
  • Parking$284 thousand

Amounts are by Census type of charge.

Federal tax money14%

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

From the federal government
14%$4.0 million

State tax money5.3%

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

From the state
5.3%$1.6 million

County and local tax money0.2%

Money passed on by the county or other local governments.

From the county and other local governments
0.2%$63 thousand

Fines and other14%

Interest, rents and other
13%$3.8 million
Fines
1.2%$337 thousand

Where it goes

Running the government and other costs35%Police, fire, courts and jails23%Water, sewer, trash and utilities18%Housing and community development17%Roads, transit and parking3.6%All other spending3.8%

What stands out

17%

of Keansburg's spending goes to housing and community development.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Running the government and other costs
35%$9.7 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$8.3 million
  • Central staff services (personnel, purchasing, technology)$861 thousand
  • Finance, tax collection and budgeting$297 thousand
  • Government buildings$245 thousand
Police, fire, courts and jails
23%$6.3 million
What's in police, fire, courts and jailsPolice; courts and legal services and 2 more
  • Police$5.5 million
  • Courts and legal services$414 thousand
  • Inspections and regulation$234 thousand
  • Fire protection$194 thousand
Water, sewer, trash and utilities
18%$5.1 million
What's in water, sewer, trash and utilitiesSewer systems; garbage and solid waste and 1 more
  • Sewer systems$3.8 million
  • Garbage and solid waste$1.1 million
  • Electric power$195 thousand
Housing and community development
17%$4.9 million
Roads, transit and parking
3.6%$1.0 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.0 million
Interest on debt
2.0%$566 thousand
Parks, recreation and libraries
1.6%$450 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$403 thousand
  • Libraries$47 thousand
Health and hospitals
0.2%$48 thousand
What's in health and hospitalsPublic health
  • Public health$48 thousand
Sources and moreWhere these numbers come from and what they cover

Borough of Keansburg. 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 Keansburg 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.