Borough government · Morris County, NJ

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

In the latest recorded fiscal year (ended December 31, 2021), Riverdale took in $10.3 million and spent $8.4 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 taxes73%Fees for services (water, sewer)17%Fines and other6.4%State tax money3.4%Federal tax money0.9%

What stands out

70%

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

Borough taxes73%

Property tax
70%$7.2 million
Other taxes
3.2%$335 thousand
What's in other taxesOther licenses; public utility taxes and 1 more
  • Other licenses$287 thousand
  • Public utility taxes$24 thousand
  • Alcoholic beverage licenses$24 thousand

Amounts are by Census tax category.

Fees for services17%

Fees for services
17%$1.7 million
What's in fees for servicesWater; sewer and 2 more
  • Water$1.1 million
  • Sewer$544 thousand
  • Other service charges$40 thousand
  • Garbage collection$2 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%$90 thousand

State tax money3.4%

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

From the state
3.4%$353 thousand

Fines and other6.4%

Fines
3.6%$369 thousand
Interest, rents and other
2.8%$291 thousand

Where it goes

Police, fire, courts and jails34%Running the government and other costs34%Water, sewer, trash and utilities21%Parks, recreation and libraries4.6%Roads, transit and parking4.6%All other spending2.4%

What stands out

34%

of Riverdale'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%

Police, fire, courts and jails
34%$2.8 million
What's in police, fire, courts and jailsPolice; courts and legal services and 2 more
  • Police$2.5 million
  • Courts and legal services$226 thousand
  • Inspections and regulation$83 thousand
  • Fire protection$73 thousand
Running the government and other costs
34%$2.8 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$2.1 million
  • Central staff services (personnel, purchasing, technology)$495 thousand
  • Finance, tax collection and budgeting$203 thousand
  • Government buildings$65 thousand
Water, sewer, trash and utilities
21%$1.8 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$989 thousand
  • Sewer systems$529 thousand
  • Garbage and solid waste$261 thousand
Parks, recreation and libraries
4.6%$387 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$373 thousand
  • Parks and recreation$14 thousand
Roads, transit and parking
4.6%$385 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$385 thousand
Health and hospitals
1.3%$110 thousand
What's in health and hospitalsPublic health
  • Public health$110 thousand
Interest on debt
1.0%$84 thousand
Sent to other local governments
<0.1%$4 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$4 thousand
Sources and moreWhere these numbers come from and what they cover

Borough of Riverdale. 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 Riverdale 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.