Borough government · Bergen County, NJ

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

In the latest recorded fiscal year (ended December 31, 2021), Palisades Park took in $26.9 million and spent $20.0 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 taxes85%Fines and other8.9%Fees for services (parks and recreation, parking)4.4%State tax money2.0%

What stands out

81%

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

Borough taxes85%

Property tax
81%$21.7 million
Other taxes
3.9%$1.1 million
What's in other taxesOther licenses; public utility taxes and 1 more
  • Other licenses$784 thousand
  • Public utility taxes$142 thousand
  • Alcoholic beverage licenses$124 thousand

Amounts are by Census tax category.

Fees for services4.4%

Fees for services
4.4%$1.2 million
What's in fees for servicesParks and recreation; parking and 3 more
  • Parks and recreation$598 thousand
  • Parking$498 thousand
  • Sewer$61 thousand
  • Road charges$24 thousand
  • Other service charges$8 thousand

Amounts are by Census type of charge.

State tax money2.0%

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

From the state
2.0%$535 thousand

Fines and other8.9%

Fines
7.9%$2.1 million
Interest, rents and other
1.0%$264 thousand

Where it goes

Running the government and other costs36%Police, fire, courts and jails33%Water, sewer, trash and utilities8.3%Roads, transit and parking7.9%Parks, recreation and libraries5.8%All other spending8.2%

What stands out

36%

of Palisades Park's spending goes to running the government and other costs.A typical U.S. city of 10,000 to 50,000 people spends 18%.

Spending by category100%

Running the government and other costs
36%$7.3 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$6.1 million
  • Central staff services (personnel, purchasing, technology)$781 thousand
  • Finance, tax collection and budgeting$346 thousand
  • Government buildings$65 thousand
Police, fire, courts and jails
33%$6.7 million
What's in police, fire, courts and jailsPolice; courts and legal services and 2 more
  • Police$5.0 million
  • Courts and legal services$673 thousand
  • Fire protection$598 thousand
  • Inspections and regulation$422 thousand
Water, sewer, trash and utilities
8.3%$1.7 million
What's in water, sewer, trash and utilitiesGarbage and solid waste and sewer systems
  • Garbage and solid waste$1.6 million
  • Sewer systems$32 thousand
Roads, transit and parking
7.9%$1.6 million
What's in roads, transit and parkingRoads and highways and parking
  • Roads and highways$1.5 million
  • Parking$65 thousand
Parks, recreation and libraries
5.8%$1.2 million
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$930 thousand
  • Parks and recreation$225 thousand
Sent to other local governments
5.0%$1.0 million
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$1.0 million
Health and hospitals
1.6%$317 thousand
What's in health and hospitalsPublic health
  • Public health$317 thousand
Interest on debt
1.4%$289 thousand
Housing and community development
0.2%$31 thousand
Sources and moreWhere these numbers come from and what they cover

Borough of Palisades Park. 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 Palisades 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.