Borough government · Middlesex County, NJ

Highland Park's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2022), Highland Park took in $21.9 million and spent $2.7 million.

Latest recorded year: ended June 30, 2022Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Borough taxes66%Fees for services (water, housing)20%Federal tax money10%State tax money3.2%Fines and other0.7%

What stands out

66%

of Highland Park's money comes from property tax.A typical U.S. city of 10,000 to 50,000 people gets 19%.

Borough taxes66%

Property tax
66%$14.5 million

Fees for services20%

Fees for services
20%$4.3 million
What's in fees for servicesWater and housing
  • Water$4.2 million
  • Housing$163 thousand

Amounts are by Census type of charge.

Federal tax money10%

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

From the federal government
10%$2.3 million

State tax money3.2%

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

From the state
3.2%$706 thousand

Fines and other0.7%

Interest, rents and other
0.7%$162 thousand

Where it goes

The Census record for this side looks incomplete, so these figures may be lower than the government's own totals.

Housing and community development88%Interest on debt12%

Spending by category100%

Housing and community development
88%$2.3 million
Interest on debt
12%$317 thousand
Sources and moreWhere these numbers come from and what they cover

Borough of Highland Park. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Borough of Highland Park 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.