Borough government · Bergen County, NJ

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

In the latest recorded fiscal year (ended December 31, 2023), Montvale took in $55.6 million.

Latest recorded year: ended December 31, 2023Comes from

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Where it comes from

Borough taxes100%

What stands out

100%

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

Borough taxes100%

Property tax
100%$55.6 million
Sources and moreWhere these numbers come from and what they cover

Borough of Montvale. 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 Borough of Montvale 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.