Village government · Bergen County, NJ

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

In the latest recorded fiscal year (ended December 31, 2021), Ridgewood took in $58.7 million and spent $33.8 million.

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

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Where it comes from

Village taxes68%Fines and other19%Fees for services (water, parks and recreation)12%Federal tax money0.9%

What stands out

66%

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

Village taxes68%

Property tax
66%$38.9 million
Other taxes
2.0%$1.2 million
What's in other taxesOther licenses; public utility taxes and 1 more
  • Other licenses$599 thousand
  • Public utility taxes$514 thousand
  • Alcoholic beverage licenses$38 thousand

Amounts are by Census tax category.

Fees for services12%

Fees for services
12%$7.1 million
What's in fees for servicesWater; other service charges and 2 more
  • Water$4.1 million
  • Other service charges$1.8 million
  • Parks and recreation$751 thousand
  • Sewer$498 thousand

Amounts are by Census type of charge.

Federal tax money0.9%

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

From the federal government
0.9%$547 thousand

State tax money<0.1%

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

From the state
<0.1%$9 thousand

Fines and other19%

Interest, rents and other
18%$10.7 million
Fines
0.5%$306 thousand

Where it goes

Police, fire, courts and jails41%Running the government and other costs26%Water, sewer, trash and utilities14%Interest on debt10%Parks, recreation and libraries4.9%All other spending4.1%

What stands out

10%

of Ridgewood's spending goes to interest on debt.A typical U.S. city of 10,000 to 50,000 people spends 2.2%.

Spending by category100%

Police, fire, courts and jails
41%$13.8 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$7.5 million
  • Fire protection$5.7 million
  • Courts and legal services$424 thousand
  • Inspections and regulation$175 thousand
Running the government and other costs
26%$8.7 million
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 1 more
  • Other and not broken out$7.4 million
  • Finance, tax collection and budgeting$870 thousand
  • Central staff services (personnel, purchasing, technology)$498 thousand
Water, sewer, trash and utilities
14%$4.7 million
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$4.7 million
Interest on debt
10%$3.5 million
Parks, recreation and libraries
4.9%$1.6 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1.6 million
Roads, transit and parking
3.0%$1.0 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.0 million
Health and hospitals
1.0%$347 thousand
What's in health and hospitalsPublic health
  • Public health$347 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Ridgewood. 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 Village of Ridgewood 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.