Town government · Morris County, NJ

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

In the latest recorded fiscal year (ended December 31, 2023), Morristown took in $68.6 million and spent $69.3 million.

Latest recorded year: ended December 31, 2023Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Town taxes42%Fees for services (sewer, parking)30%Federal tax money24%Fines and other2.5%State tax money1.7%County and local tax money0.1%

What stands out

24%

of Morristown's money comes from federal tax money.A typical U.S. city of 10,000 to 50,000 people gets 1.2%.

Town taxes42%

Property tax
38%$25.9 million
Other taxes
4.0%$2.7 million
What's in other taxesOther licenses; public utility taxes and 2 more
  • Other licenses$2.2 million
  • Public utility taxes$237 thousand
  • Other selective sales taxes$209 thousand
  • Alcoholic beverage licenses$92 thousand

Amounts are by Census tax category.

Fees for services30%

Fees for services
30%$20.4 million
What's in fees for servicesSewer; parking and 4 more
  • Sewer$12.0 million
  • Parking$7.2 million
  • Road charges$563 thousand
  • Parks and recreation$302 thousand
  • Airport$261 thousand
  • Other service charges$115 thousand

Amounts are by Census type of charge.

Federal tax money24%

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

From the federal government
24%$16.6 million

State tax money1.7%

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

From the state
1.7%$1.1 million

County and local tax money0.1%

Money passed on by the county or other local governments.

From the county and other local governments
0.1%$74 thousand

Fines and other2.5%

Fines
1.3%$906 thousand
Interest, rents and other
1.2%$831 thousand

Where it goes

Water, sewer, trash and utilities28%Police, fire, courts and jails20%Roads, transit and parking17%Running the government and other costs16%Housing and community development13%All other spending5.3%

What stands out

13%

of Morristown's spending goes to housing and community development.Most U.S. cities of 10,000 to 50,000 people spend nothing on this.

Spending by category100%

Water, sewer, trash and utilities
28%$19.7 million
What's in water, sewer, trash and utilitiesGarbage and solid waste and sewer systems
  • Garbage and solid waste$15.9 million
  • Sewer systems$3.8 million
Police, fire, courts and jails
20%$14.0 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$8.1 million
  • Fire protection$4.4 million
  • Courts and legal services$957 thousand
  • Inspections and regulation$565 thousand
Roads, transit and parking
17%$11.7 million
What's in roads, transit and parkingParking; roads and highways and 1 more
  • Parking$7.7 million
  • Roads and highways$3.7 million
  • Airports$246 thousand
Running the government and other costs
16%$11.0 million
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 1 more
  • Other and not broken out$8.9 million
  • Finance, tax collection and budgeting$1.3 million
  • Central staff services (personnel, purchasing, technology)$889 thousand
Housing and community development
13%$9.3 million
Parks, recreation and libraries
2.7%$1.9 million
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$1.4 million
  • Parks and recreation$447 thousand
Interest on debt
2.2%$1.5 million
Health and hospitals
0.4%$244 thousand
What's in health and hospitalsPublic health
  • Public health$244 thousand
Sent to other local governments
<0.1%$6 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$6 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Morristown. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself.

What this covers. The money of Town of Morristown 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.