Borough government · Morris County, NJ

Mountain Lakes's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Mountain Lakes took in $39.0 million and spent $10.4 million.

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

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Where it comes from

Borough taxes88%Fines and other5.0%Fees for services (sewer, water)4.9%State tax money2.6%

What stands out

88%

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

Borough taxes88%

Property tax
88%$34.1 million
Other taxes
<0.1%$15 thousand
What's in other taxesAlcoholic beverage licenses and other licenses
  • Alcoholic beverage licenses$13 thousand
  • Other licenses$2 thousand

Amounts are by Census tax category.

Fees for services4.9%

Fees for services
4.9%$1.9 million
What's in fees for servicesSewer and water
  • Sewer$998 thousand
  • Water$927 thousand

Amounts are by Census type of charge.

State tax money2.6%

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

From the state
2.6%$1.0 million

Fines and other5.0%

Interest, rents and other
4.9%$1.9 million
Fines
<0.1%$16 thousand

Where it goes

Running the government and other costs33%Police, fire, courts and jails24%Water, sewer, trash and utilities21%Roads, transit and parking13%Parks, recreation and libraries5.4%All other spending3.8%

What stands out

24%

of Mountain Lakes' spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Running the government and other costs
33%$3.4 million
What's in running the government and other costsOther and not broken out; government buildings and 2 more
  • Other and not broken out$1.9 million
  • Government buildings$1.1 million
  • Central staff services (personnel, purchasing, technology)$276 thousand
  • Finance, tax collection and budgeting$177 thousand
Police, fire, courts and jails
24%$2.5 million
What's in police, fire, courts and jailsPolice; inspections and regulation and 1 more
  • Police$2.2 million
  • Inspections and regulation$178 thousand
  • Fire protection$160 thousand
Water, sewer, trash and utilities
21%$2.1 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$812 thousand
  • Water supply$749 thousand
  • Garbage and solid waste$589 thousand
Roads, transit and parking
13%$1.3 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.3 million
Parks, recreation and libraries
5.4%$558 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$295 thousand
  • Parks and recreation$263 thousand
Interest on debt
2.0%$212 thousand
Sent to other local governments
1.1%$118 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$118 thousand
Environment and natural resources
0.3%$34 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$34 thousand
Health and hospitals
0.3%$32 thousand
What's in health and hospitalsPublic health
  • Public health$32 thousand
Sources and moreWhere these numbers come from and what they cover

Borough of Mountain Lakes. 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 Mountain Lakes 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.