Township government · Monmouth County, NJ

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

In the latest recorded fiscal year (ended December 31, 2021), Ocean Township took in $41.9 million and spent $39.0 million.

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

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Where it comes from

Township taxes71%Fees for services (sewer)17%Fines and other10%County and local tax money1.4%State tax money1.2%

What stands out

9.5%

of Ocean Township's money comes from interest, rents and other revenue.A typical U.S. township or town of 10,000 to 50,000 people gets 3.3%.

Township taxes71%

Property tax
68%$28.5 million
Other taxes
2.4%$999 thousand
What's in other taxesOther licenses and alcoholic beverage licenses
  • Other licenses$956 thousand
  • Alcoholic beverage licenses$43 thousand

Amounts are by Census tax category.

Fees for services17%

Fees for services
17%$7.0 million
What's in fees for servicesSewer
  • Sewer$7.0 million

Amounts are by Census type of charge.

State tax money1.2%

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

From the state
1.2%$512 thousand

County and local tax money1.4%

Money passed on by the county or other local governments.

From the county and other local governments
1.4%$591 thousand

Fines and other10%

Interest, rents and other
9.5%$4.0 million
Fines
0.5%$230 thousand

Where it goes

Running the government and other costs44%Police, fire, courts and jails22%Water, sewer, trash and utilities21%Interest on debt4.6%Parks, recreation and libraries3.1%All other spending5.0%

What stands out

21%

of Ocean 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
44%$17.1 million
What's in running the government and other costsOther and not broken out; government buildings and 2 more
  • Other and not broken out$13.0 million
  • Government buildings$1.7 million
  • Central staff services (personnel, purchasing, technology)$1.3 million
  • Finance, tax collection and budgeting$1.0 million
Police, fire, courts and jails
22%$8.6 million
What's in police, fire, courts and jailsPolice and courts and legal services
  • Police$8.5 million
  • Courts and legal services$149 thousand
Water, sewer, trash and utilities
21%$8.3 million
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
  • Sewer systems$5.9 million
  • Garbage and solid waste$2.4 million
Interest on debt
4.6%$1.8 million
Parks, recreation and libraries
3.1%$1.2 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$1.2 million
  • Libraries$33 thousand
Roads, transit and parking
2.8%$1.1 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.1 million
Health and hospitals
1.3%$504 thousand
What's in health and hospitalsPublic health
  • Public health$504 thousand
Sent to other local governments
0.9%$343 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$343 thousand
Sources and moreWhere these numbers come from and what they cover

Ocean 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 Ocean 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.