Town government · Sussex County, NJ

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

In the latest recorded fiscal year (ended December 31, 2023), Newton took in $34.8 million and spent $11.7 million.

Latest recorded year: ended December 31, 2023Comes fromGoes to

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Where it comes from

Town taxes78%Fees for services (water, sewer)13%State tax money5.8%Fines and other2.4%Federal tax money1.4%

What stands out

78%

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

Town taxes78%

Property tax
78%$27.1 million

Fees for services13%

Fees for services
13%$4.4 million
What's in fees for servicesWater and sewer
  • Water$2.7 million
  • Sewer$1.6 million

Amounts are by Census type of charge.

Federal tax money1.4%

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

From the federal government
1.4%$477 thousand

State tax money5.8%

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

From the state
5.8%$2.0 million

Fines and other2.4%

Interest, rents and other
2.4%$829 thousand

Where it goes

Water, sewer, trash and utilities39%Police, fire, courts and jails32%Running the government and other costs22%Interest on debt3.7%Parks, recreation and libraries2.7%Sent to other local governments0.4%

What stands out

32%

of Newton's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Water, sewer, trash and utilities
39%$4.6 million
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$2.9 million
  • Sewer systems$1.7 million
Police, fire, courts and jails
32%$3.8 million
What's in police, fire, courts and jailsPolice; courts and legal services and 2 more
  • Police$3.5 million
  • Courts and legal services$152 thousand
  • Fire protection$94 thousand
  • Inspections and regulation$61 thousand
Running the government and other costs
22%$2.6 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$1.5 million
  • Central staff services (personnel, purchasing, technology)$560 thousand
  • Finance, tax collection and budgeting$309 thousand
  • Government buildings$163 thousand
Interest on debt
3.7%$437 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$272 thousand
  • Interest on water supply debt$165 thousand
Parks, recreation and libraries
2.7%$314 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$314 thousand
Sent to other local governments
0.4%$48 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$48 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Newton. 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 Town of Newton 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.