Borough government · Mercer County, NJ

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

In the latest recorded fiscal year (ended December 31, 2021), Pennington took in $5.7 million and spent $3.0 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 taxes61%Fees for services (water, sewer)24%State tax money8.1%Fines and other6.6%

What stands out

59%

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

Borough taxes61%

Property tax
59%$3.3 million
Other taxes
2.3%$131 thousand
What's in other taxesOther licenses and public utility taxes
  • Other licenses$89 thousand
  • Public utility taxes$42 thousand

Amounts are by Census tax category.

Fees for services24%

Fees for services
24%$1.4 million
What's in fees for servicesWater; sewer and 1 more
  • Water$694 thousand
  • Sewer$648 thousand
  • Garbage collection$43 thousand

Amounts are by Census type of charge.

State tax money8.1%

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

From the state
8.1%$461 thousand

Fines and other6.6%

Interest, rents and other
4.4%$248 thousand
Fines
2.3%$129 thousand

Where it goes

Water, sewer, trash and utilities29%Police, fire, courts and jails24%Running the government and other costs15%Roads, transit and parking11%Parks, recreation and libraries7.8%All other spending14%

What stands out

6.9%

of Pennington's spending goes to local governments.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Water, sewer, trash and utilities
29%$875 thousand
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$335 thousand
  • Water supply$323 thousand
  • Garbage and solid waste$217 thousand
Police, fire, courts and jails
24%$724 thousand
What's in police, fire, courts and jailsPolice; courts and legal services and 1 more
  • Police$562 thousand
  • Courts and legal services$94 thousand
  • Inspections and regulation$68 thousand
Running the government and other costs
15%$452 thousand
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$150 thousand
  • Central staff services (personnel, purchasing, technology)$145 thousand
  • Finance, tax collection and budgeting$114 thousand
  • Government buildings$43 thousand
Roads, transit and parking
11%$322 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$322 thousand
Parks, recreation and libraries
7.8%$235 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$213 thousand
  • Parks and recreation$22 thousand
Sent to other local governments
6.9%$210 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$210 thousand
Interest on debt
5.7%$172 thousand
Health and hospitals
1.4%$42 thousand
What's in health and hospitalsPublic health
  • Public health$42 thousand
Sources and moreWhere these numbers come from and what they cover

Borough of Pennington. 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 Pennington 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.