Borough government · Bergen County, NJ

River Edge's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), River Edge took in $17.7 million and spent $15.5 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 taxes95%State tax money3.5%Fines and other0.7%Fees for services (parking)0.5%

What stands out

92%

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

Borough taxes95%

Property tax
92%$16.3 million
Other taxes
3.1%$552 thousand
What's in other taxesOther licenses; public utility taxes and 1 more
  • Other licenses$347 thousand
  • Public utility taxes$184 thousand
  • Alcoholic beverage licenses$21 thousand

Amounts are by Census tax category.

Fees for services0.5%

Fees for services
0.5%$96 thousand
What's in fees for servicesOther service charges and parking
  • Other service charges$75 thousand
  • Parking$21 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

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

From the federal government
<0.1%$4 thousand

State tax money3.5%

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

From the state
3.5%$625 thousand

Fines and other0.7%

Interest, rents and other
0.7%$129 thousand

Where it goes

Running the government and other costs43%Police, fire, courts and jails31%Roads, transit and parking7.6%Water, sewer, trash and utilities6.0%Parks, recreation and libraries5.2%All other spending7.5%

What stands out

43%

of River Edge'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
43%$6.6 million
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 2 more
  • Other and not broken out$5.4 million
  • Finance, tax collection and budgeting$800 thousand
  • Central staff services (personnel, purchasing, technology)$306 thousand
  • Government buildings$164 thousand
Police, fire, courts and jails
31%$4.8 million
What's in police, fire, courts and jailsPolice; courts and legal services and 2 more
  • Police$4.1 million
  • Courts and legal services$298 thousand
  • Fire protection$283 thousand
  • Inspections and regulation$180 thousand
Roads, transit and parking
7.6%$1.2 million
What's in roads, transit and parkingRoads and highways and parking
  • Roads and highways$1.2 million
  • Parking$8 thousand
Water, sewer, trash and utilities
6.0%$928 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste and sewer systems
  • Garbage and solid waste$898 thousand
  • Sewer systems$30 thousand
Parks, recreation and libraries
5.2%$815 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$668 thousand
  • Parks and recreation$147 thousand
Sent to other local governments
4.5%$699 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$699 thousand
Interest on debt
2.1%$326 thousand
Health and hospitals
0.8%$131 thousand
What's in health and hospitalsPublic health
  • Public health$131 thousand
Social services
<0.1%$6 thousand
What's in social servicesOther public welfare
  • Other public welfare$6 thousand
Sources and moreWhere these numbers come from and what they cover

Borough of River Edge. 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 River Edge 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.