City government · Atlantic County, NJ
Margate's money: where it comes from and where it goes
In the latest recorded fiscal year (ended December 31, 2023), Margate took in $78.1 million and spent $51.2 million.
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Where it comes from
What stands out
of Margate's money comes from property tax.A typical U.S. city, town or village of under 10,000 people gets 15%.
City taxes85%
What's in other taxesOther licenses; alcoholic beverage licenses and 1 more
- Other licenses$1.9 million
- Alcoholic beverage licenses$10 thousand
- Occupation and business licenses$5 thousand
Amounts are by Census tax category.
Fees for services6.9%
What's in fees for servicesSewer; water and 4 more
- Sewer$3.3 million
- Water$1.8 million
- Other school charges$146 thousand
- School tuition and transportation$66 thousand
- School lunches$32 thousand
- Other service charges$27 thousand
Amounts are by Census type of charge.
Federal tax money0.8%
Grants from Washington, paid for by the federal taxes residents also pay.
State tax money1.8%
Money the state passes on, paid for by the state taxes residents also pay.
County and local tax money1.3%
Money passed on by the county or other local governments.
Fines and other4.0%
Where it goes
What stands out
of Margate's spending goes to schools and colleges.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.
Spending by category100%
What's in schools and collegesElementary and secondary schools
- Elementary and secondary schools$15.1 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
- Police$5.0 million
- Fire protection$4.9 million
- Inspections and regulation$625 thousand
- Courts and legal services$513 thousand
What's in sent to other local governmentsSent to the state government and sent to local governments: other and not broken out
- Sent to the state government$6.8 million
- Sent to local governments: other and not broken out$1.4 million
What's in running the government and other costsOther and not broken out; government buildings and 2 more
- Other and not broken out$2.3 million
- Government buildings$2.0 million
- Central staff services (personnel, purchasing, technology)$974 thousand
- Finance, tax collection and budgeting$893 thousand
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
- Sewer systems$2.6 million
- Garbage and solid waste$1.4 million
What's in roads, transit and parkingRoads and highways
- Roads and highways$3.1 million
What's in parks, recreation and librariesParks and recreation and libraries
- Parks and recreation$1.6 million
- Libraries$254 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
- Interest on general debt$1.3 million
- Interest on water supply debt$399 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
- Natural resources, farming and conservation$136 thousand
What's in health and hospitalsPublic health
- Public health$28 thousand
Sources and moreWhere these numbers come from and what they cover
City of Margate. 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 Margate 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.