Borough government · Union County, NJ

New Providence's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), New Providence took in $75.2 million and spent $12.9 million.

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

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Where it comes from

Borough taxes95%State tax money3.1%Fines and other0.9%County and local tax money0.8%

What stands out

95%

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

Borough taxes95%

Property tax
95%$71.4 million
Other taxes
0.1%$97 thousand
What's in other taxesOther licenses and alcoholic beverage licenses
  • Other licenses$79 thousand
  • Alcoholic beverage licenses$18 thousand

Amounts are by Census tax category.

Federal tax money<0.1%

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

From the federal government
<0.1%$31 thousand

State tax money3.1%

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

From the state
3.1%$2.3 million

County and local tax money0.8%

Money passed on by the county or other local governments.

From the county and other local governments
0.8%$637 thousand

Fines and other0.9%

Interest, rents and other
0.8%$593 thousand
Fines
<0.1%$69 thousand

Where it goes

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

Running the government and other costs39%Police, fire, courts and jails35%Water, sewer, trash and utilities12%Parks, recreation and libraries9.7%Interest on debt4.4%All other spending0.5%

Spending by category100%

Running the government and other costs
39%$5.0 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
  • Other and not broken out$3.8 million
  • Central staff services (personnel, purchasing, technology)$747 thousand
  • Government buildings$263 thousand
  • Finance, tax collection and budgeting$190 thousand
Police, fire, courts and jails
35%$4.5 million
What's in police, fire, courts and jailsPolice; inspections and regulation and 2 more
  • Police$3.6 million
  • Inspections and regulation$414 thousand
  • Courts and legal services$378 thousand
  • Fire protection$119 thousand
Water, sewer, trash and utilities
12%$1.6 million
What's in water, sewer, trash and utilitiesGarbage and solid waste and sewer systems
  • Garbage and solid waste$1.2 million
  • Sewer systems$403 thousand
Parks, recreation and libraries
9.7%$1.3 million
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$994 thousand
  • Parks and recreation$262 thousand
Interest on debt
4.4%$567 thousand
Health and hospitals
0.4%$56 thousand
What's in health and hospitalsPublic health
  • Public health$56 thousand
Social services
<0.1%$4 thousand
What's in social servicesWelfare institutions
  • Welfare institutions$4 thousand
Sources and moreWhere these numbers come from and what they cover

Borough of New Providence. 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 New Providence 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.