Borough government · Morris County, NJ

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

In the latest recorded fiscal year (ended December 31, 2023), Lincoln Park took in $23.1 million and spent $14.1 million.

Latest recorded year: ended December 31, 2023Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Borough taxes69%Fees for services (water, sewer)28%State tax money1.6%Fines and other1.2%Federal tax money0.3%

What stands out

68%

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

Borough taxes69%

Property tax
68%$15.7 million
Other taxes
1.1%$257 thousand
What's in other taxesOther licenses; public utility taxes and 1 more
  • Other licenses$190 thousand
  • Public utility taxes$48 thousand
  • Alcoholic beverage licenses$19 thousand

Amounts are by Census tax category.

Fees for services28%

Fees for services
28%$6.4 million
What's in fees for servicesWater; sewer and 2 more
  • Water$3.3 million
  • Sewer$2.8 million
  • Other service charges$185 thousand
  • Parks and recreation$100 thousand

Amounts are by Census type of charge.

Federal tax money0.3%

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

From the federal government
0.3%$71 thousand

State tax money1.6%

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

From the state
1.6%$362 thousand

Fines and other1.2%

Interest, rents and other
0.8%$186 thousand
Fines
0.4%$96 thousand

Where it goes

Police, fire, courts and jails32%Water, sewer, trash and utilities29%Running the government and other costs13%Roads, transit and parking8.2%Parks, recreation and libraries7.6%All other spending10%

What stands out

7.6%

of Lincoln Park's spending goes to interest on debt.A typical U.S. city of 10,000 to 50,000 people spends 2.2%.

Spending by category100%

Police, fire, courts and jails
32%$4.5 million
What's in police, fire, courts and jailsPolice; courts and legal services and 2 more
  • Police$3.9 million
  • Courts and legal services$359 thousand
  • Inspections and regulation$140 thousand
  • Fire protection$110 thousand
Water, sewer, trash and utilities
29%$4.1 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$2.8 million
  • Sewer systems$1.1 million
  • Garbage and solid waste$136 thousand
Running the government and other costs
13%$1.8 million
What's in running the government and other costsGovernment buildings; finance, tax collection and budgeting and 2 more
  • Government buildings$640 thousand
  • Finance, tax collection and budgeting$542 thousand
  • Central staff services (personnel, purchasing, technology)$541 thousand
  • Other and not broken out$53 thousand
Roads, transit and parking
8.2%$1.1 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.1 million
Parks, recreation and libraries
7.6%$1.1 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$547 thousand
  • Libraries$526 thousand
Interest on debt
7.6%$1.1 million
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$544 thousand
  • Interest on water supply debt$518 thousand
Health and hospitals
1.9%$267 thousand
What's in health and hospitalsPublic health
  • Public health$267 thousand
Social services
0.8%$113 thousand
What's in social servicesOther public welfare
  • Other public welfare$113 thousand
Sources and moreWhere these numbers come from and what they cover

Borough of Lincoln Park. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself.

What this covers. The money of Borough of Lincoln 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.