Government budget and revenue in Newark, Ohio: official figures
Newark's city government took in $81.36 million in total revenue in the fiscal year ended 31 December 2023, or $1,603 for each of its 50,763 residents (2024 figure in the finance file).
How much does Newark spend and on what?
It spent $72.66 million in the same year, $1,431 per resident. The largest identified functions were sewerage (29.1%), fire protection (13.7%) and police (13.1%) of the total.
Source: U.S. Census Bureau · saved copyHow much tax does Newark collect per resident?
Taxes raised $40.08 million ($790 per resident) in the fiscal year ended 31 December 2023, 54.0% of general revenue, compared with 49.3% for all US city governments combined in 2022.
Source: U.S. Census Bureau · saved copyWhat taxes does Newark rely on?
Of Newark's tax revenue in the fiscal year ended 31 December 2023, property tax made up 11.9%, individual income tax 82.3%, selective sales taxes (on utilities, fuel, alcohol, tobacco, hotels and others) 1.8%. Across all US city governments in 2022, property tax made up 48.1% and general sales tax 19.8%.
Source: U.S. Census Bureau · saved copyHow much federal and state money does Newark get?
Payments from other governments made up 11.2% of Newark's city government's general revenue in the fiscal year ended 31 December 2023: 0.5% from the federal government ($7 per resident), 10.7% from the state. For all US city governments in 2022 the aid share was 24.3%.
Source: U.S. Census Bureau · saved copyHow much does Newark raise from fees and utilities?
Fees and charges for services such as sewerage, trash, parks and airports brought in $15.74 million, 21.2% of general revenue (all US city governments in 2022: 20.0%). Revenue of government-owned utilities (water, electricity, gas or transit) added $7.12 million.
Source: U.S. Census Bureau · saved copyHow much does Newark spend on police?
Newark's city government spent $9.50 million on police in the fiscal year ended 31 December 2023, $187 per resident and 13.1% of its total spending; police took 10.3% of spending across all US city governments in 2022.
Source: U.S. Census Bureau · saved copyHow much does Newark spend on fire protection?
Fire protection cost $9.95 million, $196 per resident, in the fiscal year ended 31 December 2023.
Source: U.S. Census Bureau · saved copyHow much debt does Newark have?
At the end of the fiscal year ended 31 December 2023, Newark's city government owed $32.34 million in long-term debt, $637 per resident. During the year it issued no new long-term debt and repaid $2.80 million.
Source: U.S. Census Bureau · saved copyHow much does Newark pay in interest on its debt?
Interest on debt cost $1.47 million in the fiscal year ended 31 December 2023, 2.0% of total spending.
Source: U.S. Census Bureau · saved copyAre the Newark budget figures reported or estimated?
Newark did not report most of its 2024 figures: the Census Bureau imputed 100% of the revenue dollars in its record, so these amounts are estimates and are left out of the city rankings.
Source: U.S. Census Bureau · saved copyMore on Newark: overview · economy and jobs · health · education and schools · poverty and living standards · all cities in the United States
Sources
- U.S. Census Bureau: 2024 Annual Survey of State and Local Government Finances, individual unit files (item amounts for every sampled government, directory with population and fiscal year end, state estimates by type of government), read 23 October 2026 · saved copy (SHA-256 0967c4d30466…)
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