Borough government · Monmouth County, NJ

Monmouth Beach's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Monmouth Beach took in $20.6 million and spent $6.8 million.

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

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Where it comes from

Borough taxes95%Fines and other5.2%

What stands out

95%

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

Borough taxes95%

Property tax
95%$19.5 million
Other taxes
<0.1%$1 thousand
What's in other taxesAlcoholic beverage licenses
  • Alcoholic beverage licenses$1 thousand

Amounts are by Census tax category.

Fees for services<0.1%

Fees for services
<0.1%$2 thousand
What's in fees for servicesRoad charges
  • Road charges$2 thousand

Amounts are by Census type of charge.

Fines and other5.2%

Interest, rents and other
5.2%$1.1 million

Where it goes

Running the government and other costs65%Police, fire, courts and jails20%Water, sewer, trash and utilities7.3%Interest on debt6.5%Parks, recreation and libraries0.6%

What stands out

65%

of Monmouth Beach's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Running the government and other costs
65%$4.4 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 1 more
  • Other and not broken out$4.1 million
  • Central staff services (personnel, purchasing, technology)$174 thousand
  • Finance, tax collection and budgeting$137 thousand
Police, fire, courts and jails
20%$1.4 million
What's in police, fire, courts and jailsPolice and courts and legal services
  • Police$1.3 million
  • Courts and legal services$69 thousand
Water, sewer, trash and utilities
7.3%$496 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$496 thousand
Interest on debt
6.5%$436 thousand
Parks, recreation and libraries
0.6%$39 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$33 thousand
  • Parks and recreation$6 thousand
Sources and moreWhere these numbers come from and what they cover

Borough of Monmouth Beach. 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 Borough of Monmouth Beach 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.