Borough government · Essex County, NJ

North Caldwell's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), North Caldwell took in $12.0 million and spent $10.0 million.

Latest recorded year: ended December 31, 2021Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Borough taxes75%Fees for services (water, sewer)18%Fines and other4.0%State tax money3.2%

What stands out

72%

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

Borough taxes75%

Property tax
72%$8.6 million
Other taxes
3.5%$418 thousand
What's in other taxesOther licenses; public utility taxes and 1 more
  • Other licenses$291 thousand
  • Public utility taxes$125 thousand
  • Alcoholic beverage licenses$2 thousand

Amounts are by Census tax category.

Fees for services18%

Fees for services
18%$2.1 million
What's in fees for servicesWater; sewer and 3 more
  • Water$1.4 million
  • Sewer$406 thousand
  • Parks and recreation$269 thousand
  • Garbage collection$61 thousand
  • Other service charges$9 thousand

Amounts are by Census type of charge.

State tax money3.2%

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

From the state
3.2%$387 thousand

Fines and other4.0%

Interest, rents and other
2.9%$352 thousand
Fines
1.1%$131 thousand

Where it goes

Water, sewer, trash and utilities32%Police, fire, courts and jails27%Running the government and other costs25%Roads, transit and parking8.0%Parks, recreation and libraries3.7%All other spending3.3%

What stands out

27%

of North Caldwell's 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%

Water, sewer, trash and utilities
32%$3.2 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$1.3 million
  • Sewer systems$1.1 million
  • Garbage and solid waste$876 thousand
Police, fire, courts and jails
27%$2.7 million
What's in police, fire, courts and jailsPolice; courts and legal services and 2 more
  • Police$2.2 million
  • Courts and legal services$279 thousand
  • Inspections and regulation$160 thousand
  • Fire protection$80 thousand
Running the government and other costs
25%$2.5 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$2.0 million
  • Central staff services (personnel, purchasing, technology)$276 thousand
  • Finance, tax collection and budgeting$188 thousand
  • Government buildings$85 thousand
Roads, transit and parking
8.0%$800 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$800 thousand
Parks, recreation and libraries
3.7%$371 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$371 thousand
Interest on debt
2.6%$262 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$234 thousand
  • Interest on water supply debt$28 thousand
Health and hospitals
0.7%$66 thousand
What's in health and hospitalsPublic health
  • Public health$66 thousand
Sources and moreWhere these numbers come from and what they cover

Borough of North Caldwell. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Borough of North Caldwell 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.