Township government · Somerset County, NJ

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

In the latest recorded fiscal year (ended December 31, 2021), Montgomery Township took in $30.3 million and spent $28.6 million.

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

See every government that serves your ZIP

Where it comes from

Township taxes65%Fees for services (sewer, parks and recreation)29%State tax money4.6%Fines and other1.6%

What stands out

29%

of Montgomery 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 taxes65%

Property tax
60%$18.1 million
Other taxes
5.3%$1.6 million
What's in other taxesOther licenses; public utility taxes and 1 more
  • Other licenses$1.5 million
  • Public utility taxes$52 thousand
  • Alcoholic beverage licenses$23 thousand

Amounts are by Census tax category.

Fees for services29%

Fees for services
29%$8.7 million
What's in fees for servicesSewer; other service charges and 1 more
  • Sewer$7.2 million
  • Other service charges$1.0 million
  • Parks and recreation$479 thousand

Amounts are by Census type of charge.

State tax money4.6%

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

From the state
4.6%$1.4 million

Fines and other1.6%

Interest, rents and other
1.4%$423 thousand
Fines
0.2%$62 thousand

Where it goes

Running the government and other costs33%Water, sewer, trash and utilities24%Police, fire, courts and jails20%Roads, transit and parking8.3%Interest on debt6.2%All other spending7.8%

What stands out

24%

of Montgomery Township's spending goes to water, sewer, trash and other utilities.A typical U.S. township or town of 10,000 to 50,000 people spends 4.5%.

Spending by category100%

Running the government and other costs
33%$9.5 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$7.3 million
  • Finance, tax collection and budgeting$1.2 million
  • Central staff services (personnel, purchasing, technology)$681 thousand
  • Government buildings$360 thousand
Water, sewer, trash and utilities
24%$7.0 million
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
  • Sewer systems$6.6 million
  • Garbage and solid waste$354 thousand
Police, fire, courts and jails
20%$5.7 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$4.5 million
  • Fire protection$769 thousand
  • Courts and legal services$266 thousand
  • Inspections and regulation$152 thousand
Roads, transit and parking
8.3%$2.4 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$2.4 million
Interest on debt
6.2%$1.8 million
Parks, recreation and libraries
4.9%$1.4 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$1.3 million
  • Libraries$120 thousand
Health and hospitals
2.9%$840 thousand
What's in health and hospitalsPublic health
  • Public health$840 thousand
Sources and moreWhere these numbers come from and what they cover

Montgomery Township. 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 Montgomery 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.