Borough government · Monmouth County, NJ

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

In the latest recorded fiscal year (ended December 31, 2021), Oceanport took in $14.8 million and spent $16.2 million.

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

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Where it comes from

Borough taxes57%Fines and other40%State tax money2.4%County and local tax money0.5%Fees for services (parks and recreation)0.3%

What stands out

39%

of Oceanport's money comes from interest, rents and other revenue.A typical U.S. city, town or village of under 10,000 people gets 3%.

Borough taxes57%

Property tax
53%$7.8 million
Other taxes
4.4%$652 thousand
What's in other taxesOther licenses and alcoholic beverage licenses
  • Other licenses$347 thousand
  • Alcoholic beverage licenses$305 thousand

Amounts are by Census tax category.

Fees for services0.3%

Fees for services
0.3%$47 thousand
What's in fees for servicesParks and recreation
  • Parks and recreation$47 thousand

Amounts are by Census type of charge.

State tax money2.4%

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

From the state
2.4%$363 thousand

County and local tax money0.5%

Money passed on by the county or other local governments.

From the county and other local governments
0.5%$72 thousand

Fines and other40%

Interest, rents and other
39%$5.8 million
Fines
0.3%$41 thousand

Where it goes

Running the government and other costs58%Police, fire, courts and jails17%Roads, transit and parking14%Water, sewer, trash and utilities4.2%Interest on debt3.8%All other spending2.3%

What stands out

58%

of Oceanport'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
58%$9.4 million
What's in running the government and other costsOther and not broken out; government buildings and 2 more
  • Other and not broken out$6.8 million
  • Government buildings$1.9 million
  • Central staff services (personnel, purchasing, technology)$524 thousand
  • Finance, tax collection and budgeting$271 thousand
Police, fire, courts and jails
17%$2.7 million
What's in police, fire, courts and jailsPolice; inspections and regulation and 2 more
  • Police$2.1 million
  • Inspections and regulation$315 thousand
  • Courts and legal services$157 thousand
  • Fire protection$145 thousand
Roads, transit and parking
14%$2.3 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$2.3 million
Water, sewer, trash and utilities
4.2%$678 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$678 thousand
Interest on debt
3.8%$617 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$459 thousand
  • Interest on water supply debt$158 thousand
Sent to other local governments
1.1%$179 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$179 thousand
Health and hospitals
0.6%$92 thousand
What's in health and hospitalsPublic health
  • Public health$92 thousand
Housing and community development
0.4%$67 thousand
Parks, recreation and libraries
0.2%$33 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$29 thousand
  • Libraries$4 thousand
Sources and moreWhere these numbers come from and what they cover

Borough of Oceanport. 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 Borough of Oceanport 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.