Township government · Essex County, NJ

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

In the latest recorded fiscal year (ended December 31, 2023), Bloomfield Township took in $122 million and spent $113 million.

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

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Where it comes from

Township taxes58%Federal tax money16%Fees for services (water, parking)12%State tax money12%Fines and other1.4%

What stands out

16%

of Bloomfield Township's money comes from federal tax money.Most U.S. townships and towns of 50,000+ people get none.

Township taxes58%

Property tax
56%$68.3 million
Other taxes
2.5%$3.0 million
What's in other taxesOther licenses; other selective sales taxes and 2 more
  • Other licenses$1.4 million
  • Other selective sales taxes$980 thousand
  • Public utility taxes$502 thousand
  • Alcoholic beverage licenses$89 thousand

Amounts are by Census tax category.

Fees for services12%

Fees for services
12%$14.9 million
What's in fees for servicesWater; other service charges and 2 more
  • Water$10.0 million
  • Other service charges$4.4 million
  • Parking$500 thousand
  • Sewer$71 thousand

Amounts are by Census type of charge.

Federal tax money16%

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

From the federal government
16%$19.8 million

State tax money12%

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

From the state
12%$14.2 million

Fines and other1.4%

Interest, rents and other
1.1%$1.4 million
Fines
0.2%$287 thousand

Where it goes

Running the government and other costs39%Police, fire, courts and jails27%Water, sewer, trash and utilities16%Parks, recreation and libraries6.2%Roads, transit and parking5.7%All other spending5.9%

What stands out

16%

of Bloomfield Township's spending goes to water, sewer, trash and other utilities.Most U.S. townships and towns of 50,000+ people spend nothing on this.

Spending by category100%

Running the government and other costs
39%$43.9 million
What's in running the government and other costsOther and not broken out; government buildings and 2 more
  • Other and not broken out$40.4 million
  • Government buildings$1.3 million
  • Central staff services (personnel, purchasing, technology)$1.3 million
  • Finance, tax collection and budgeting$894 thousand
Police, fire, courts and jails
27%$30.7 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$18.5 million
  • Fire protection$9.8 million
  • Courts and legal services$1.5 million
  • Inspections and regulation$946 thousand
Water, sewer, trash and utilities
16%$18.0 million
What's in water, sewer, trash and utilitiesSewer systems and water supply
  • Sewer systems$10.1 million
  • Water supply$7.9 million
Parks, recreation and libraries
6.2%$6.9 million
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$4.1 million
  • Parks and recreation$2.8 million
Roads, transit and parking
5.7%$6.4 million
What's in roads, transit and parkingParking and roads and highways
  • Parking$5.7 million
  • Roads and highways$677 thousand
Health and hospitals
2.7%$3.1 million
What's in health and hospitalsPublic health
  • Public health$3.1 million
Interest on debt
2.4%$2.7 million
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$2.6 million
  • Interest on water supply debt$145 thousand
Sent to other local governments
0.8%$863 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$863 thousand
Sources and moreWhere these numbers come from and what they cover

Bloomfield Township. 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 Bloomfield 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.