Borough government · Essex County, NJ

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

In the latest recorded fiscal year (ended December 31, 2021), Caldwell took in $16.4 million and spent $15.2 million.

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

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Where it comes from

Borough taxes54%Fees for services (sewer, water)41%Federal tax money2.6%State tax money1.5%Fines and other0.8%

What stands out

52%

of Caldwell's money comes from property tax.A typical U.S. city, town or village of under 10,000 people gets 15%.

Borough taxes54%

Property tax
52%$8.5 million
Other taxes
1.7%$285 thousand
What's in other taxesOther licenses; public utility taxes and 1 more
  • Other licenses$158 thousand
  • Public utility taxes$119 thousand
  • Alcoholic beverage licenses$8 thousand

Amounts are by Census tax category.

Fees for services41%

Fees for services
41%$6.8 million
What's in fees for servicesSewer; water and 3 more
  • Sewer$4.2 million
  • Water$2.3 million
  • Other service charges$261 thousand
  • Parking$28 thousand
  • Garbage collection$12 thousand

Amounts are by Census type of charge.

Federal tax money2.6%

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

From the federal government
2.6%$419 thousand

State tax money1.5%

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

From the state
1.5%$253 thousand

Fines and other0.8%

Fines
0.6%$100 thousand
Interest, rents and other
0.2%$26 thousand

Where it goes

Water, sewer, trash and utilities52%Police, fire, courts and jails22%Running the government and other costs13%Parks, recreation and libraries5.6%Roads, transit and parking2.9%All other spending4.2%

What stands out

52%

of Caldwell's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
52%$7.9 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$5.0 million
  • Water supply$2.1 million
  • Garbage and solid waste$801 thousand
Police, fire, courts and jails
22%$3.4 million
What's in police, fire, courts and jailsPolice; courts and legal services and 2 more
  • Police$2.9 million
  • Courts and legal services$375 thousand
  • Fire protection$129 thousand
  • Inspections and regulation$22 thousand
Running the government and other costs
13%$2.0 million
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 2 more
  • Other and not broken out$1.4 million
  • Finance, tax collection and budgeting$290 thousand
  • Central staff services (personnel, purchasing, technology)$288 thousand
  • Government buildings$42 thousand
Parks, recreation and libraries
5.6%$846 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$441 thousand
  • Libraries$405 thousand
Roads, transit and parking
2.9%$449 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$449 thousand
Interest on debt
2.8%$434 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$297 thousand
  • Interest on water supply debt$137 thousand
Health and hospitals
0.8%$119 thousand
What's in health and hospitalsPublic health
  • Public health$119 thousand
Social services
0.6%$91 thousand
What's in social servicesOther public welfare
  • Other public welfare$91 thousand
Sources and moreWhere these numbers come from and what they cover

Borough of Caldwell. 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 Caldwell 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.