Borough government · Monmouth County, NJ

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

In the latest recorded fiscal year (ended June 30, 2022), Highlands took in $14.7 million and spent $11.9 million.

Latest recorded year: ended June 30, 2022Comes fromGoes to

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Where it comes from

Borough taxes71%Fees for services (sewer, housing)17%Federal tax money6.1%Fines and other3.7%State tax money2.7%County and local tax money<0.1%

What stands out

70%

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

Borough taxes71%

Property tax
70%$10.2 million
Other taxes
1.1%$158 thousand
What's in other taxesOther licenses; alcoholic beverage licenses and 1 more
  • Other licenses$122 thousand
  • Alcoholic beverage licenses$21 thousand
  • Occupation and business licenses$15 thousand

Amounts are by Census tax category.

Fees for services17%

Fees for services
17%$2.5 million
What's in fees for servicesSewer; housing and 1 more
  • Sewer$1.8 million
  • Housing$603 thousand
  • Other service charges$20 thousand

Amounts are by Census type of charge.

Federal tax money6.1%

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

From the federal government
6.1%$893 thousand

State tax money2.7%

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

From the state
2.7%$403 thousand

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments
<0.1%$12 thousand

Fines and other3.7%

Interest, rents and other
3.4%$494 thousand
Fines
0.3%$43 thousand

Where it goes

Running the government and other costs35%Police, fire, courts and jails27%Water, sewer, trash and utilities16%Housing and community development8.7%Parks, recreation and libraries5.8%All other spending7.6%

What stands out

8.7%

of Highlands' spending goes to housing and community development.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Running the government and other costs
35%$4.2 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$3.2 million
  • Finance, tax collection and budgeting$514 thousand
  • Central staff services (personnel, purchasing, technology)$307 thousand
  • Government buildings$144 thousand
Police, fire, courts and jails
27%$3.2 million
What's in police, fire, courts and jailsPolice; courts and legal services and 2 more
  • Police$2.5 million
  • Courts and legal services$342 thousand
  • Inspections and regulation$210 thousand
  • Fire protection$146 thousand
Water, sewer, trash and utilities
16%$1.9 million
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
  • Sewer systems$1.2 million
  • Garbage and solid waste$647 thousand
Housing and community development
8.7%$1.0 million
Parks, recreation and libraries
5.8%$697 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$697 thousand
Roads, transit and parking
4.7%$555 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$555 thousand
Interest on debt
2.4%$290 thousand
Sent to other local governments
0.3%$37 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$37 thousand
Health and hospitals
0.3%$30 thousand
What's in health and hospitalsPublic health
  • Public health$30 thousand
Sources and moreWhere these numbers come from and what they cover

Borough of Highlands. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Borough of Highlands 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.