State of New Jersey
$97.4 billion budget in the latest fiscal year on record, which ended June 30, 2024.
Where the money comes from
Full New Jersey breakdown
What stands out
of New Jersey's money comes from business income taxes.A typical state government gets 3.8%.
State taxes50%
What's in other taxesOther selective sales taxes; corporation licenses and 16 more
- Other selective sales taxes$2.74 billion
- Corporation licenses$912 million
- Occupation and business licenses$821 million
- Real estate and stock transfer taxes$735 million
- Motor vehicle licenses$685 million
- Insurance premium taxes$627 million
- Estate and gift taxes$537 million
- Amusement taxes$519 million
- Motor fuel taxes$472 million
- Tobacco taxes$469 million
- Public utility taxes$236 million
- Alcoholic beverage taxes$184 million
- Driver's licenses$59.6 million
- Amusement licenses$47.7 million
- Hunting and fishing licenses$14.3 million
- Public utility licenses$10.6 million
- Alcoholic beverage licenses$4.2 million
- Other licenses$2.0 million
Amounts are by Census tax category.
Fees for services10%
What's in fees for servicesTolls on roads and bridges; college tuition and 17 more
- Tolls on roads and bridges$2.57 billion
- College tuition$2.43 billion
- Hospital bills$1.86 billion
- Other service charges$1.67 billion
- Transit fares$832 million
- University housing and dining$611 million
- Housing$52.0 million
- Parks and recreation$50.6 million
- Water$42.1 million
- Ports and waterways$33.1 million
- Airport$17.2 million
- Road charges$14.0 million
- Sewer$11.9 million
- Other education charges$11.7 million
- Parks, land and natural resources$9.2 million
- Garbage collection$2.4 million
- School lunches$757 thousand
- Other school charges$185 thousand
- School tuition and transportation$5 thousand
Amounts are by Census type of charge.
Federal tax money30%
Grants from Washington, paid for by the federal taxes residents also pay.
Local tax money0.7%
Money passed on by the county or other local governments.
Fines and other9.4%
Where the money goes
Full New Jersey breakdown
Spending by category100%
What's in social servicesOther public welfare; unemployment and social insurance offices and 2 more
- Other public welfare$28.0 billion
- Unemployment and social insurance offices$305 million
- Welfare institutions$102 million
- Veterans' services$30.7 million
What's in sent to local governmentsSent to school districts; sent to local governments: elementary and secondary schools and 19 more
- Sent to school districts$12.4 billion
- Sent to local governments: elementary and secondary schools$4.15 billion
- Sent to local governments: general support$2.21 billion
- Sent to local governments: other public welfare$1.64 billion
- Sent to local governments: other and not broken out$594 million
- Sent to local governments: roads and highways$397 million
- Sent to local governments: colleges and universities$186 million
- Sent to local governments: hospitals$142 million
- Sent to local governments: public health$132 million
- Sent to local governments: police$86.1 million
- Sent to local governments: natural resources, farming and conservation$77.5 million
- Sent to local governments: prisons and jails$75.0 million
- Sent to local governments: garbage and solid waste$51.0 million
- Sent to local governments: parks and recreation$34.2 million
- Sent to local governments: libraries$32.8 million
- Sent to local governments: inspections and regulation$29.7 million
- Sent to the federal government$26.0 million
- Sent to local governments: courts and legal services$7.2 million
- Sent to local governments: other government administration$4.6 million
- Sent to local governments: sewer systems$3.9 million
- Sent to local governments: housing and community development$1.4 million
What's in schools and collegesColleges and universities; elementary and secondary schools and 3 more
- Colleges and universities$6.10 billion
- Elementary and secondary schools$5.44 billion
- Scholarships and other education subsidies$1.99 billion
- Other education$1.86 billion
- College housing, dining and bookstores$947 million
What's in roads, transit and parkingPublic transit; roads and highways and 3 more
- Public transit$4.41 billion
- Roads and highways$2.19 billion
- Toll roads and bridges$1.80 billion
- Ports and harbors$50.3 million
- Airports$31.8 million
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 3 more
- Other and not broken out$5.37 billion
- Finance, tax collection and budgeting$1.88 billion
- Other government administration$215 million
- Central staff services (personnel, purchasing, technology)$209 million
- Government buildings$62.6 million
What's in health and hospitalsHospitals and public health
- Hospitals$3.00 billion
- Public health$2.67 billion
What's in police, fire, courts and jailsPrisons and jails; courts and legal services and 3 more
- Prisons and jails$1.24 billion
- Courts and legal services$1.21 billion
- Police$905 million
- Inspections and regulation$438 million
- Probation, parole and other corrections$364 million
What's in interest on debtInterest on general debt and interest on water supply debt
- Interest on general debt$2.30 billion
- Interest on water supply debt$664 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
- Natural resources, farming and conservation$704 million
What's in parks, recreation and librariesParks and recreation and libraries
- Parks and recreation$260 million
- Libraries$4.4 million
What's in water, sewer, trash and utilitiesWater supply; electric power and 2 more
- Water supply$59.0 million
- Electric power$38.4 million
- Sewer systems$21.2 million
- Garbage and solid waste$8.0 million