Borough government · Burlington County, NJ

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

In the latest recorded fiscal year (ended December 31, 2023), Riverton took in $4.0 million and spent $4.0 million.

Latest recorded year: ended December 31, 2023Comes fromGoes to

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Where it comes from

Borough taxes57%Fines and other16%State tax money14%Fees for services (sewer)13%

What stands out

57%

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

Borough taxes57%

Property tax
57%$2.3 million

Fees for services13%

Fees for services
13%$533 thousand
What's in fees for servicesSewer; other government-run businesses and 1 more
  • Sewer$482 thousand
  • Other government-run businesses$48 thousand
  • Other service charges$3 thousand

Amounts are by Census type of charge.

State tax money14%

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

From the state
14%$543 thousand

Fines and other16%

Interest, rents and other
15%$595 thousand
Fines
1.1%$46 thousand

Where it goes

Running the government and other costs50%Police, fire, courts and jails19%Water, sewer, trash and utilities17%Sent to other local governments8.5%Roads, transit and parking3.4%All other spending2.5%

What stands out

8.5%

of Riverton'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%

Running the government and other costs
50%$2.0 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 3 more
  • Other and not broken out$1.8 million
  • Central staff services (personnel, purchasing, technology)$132 thousand
  • Finance, tax collection and budgeting$49 thousand
  • Government buildings$23 thousand
  • Other government-run businesses$19 thousand
Police, fire, courts and jails
19%$748 thousand
What's in police, fire, courts and jailsPolice; inspections and regulation and 2 more
  • Police$664 thousand
  • Inspections and regulation$38 thousand
  • Fire protection$26 thousand
  • Courts and legal services$20 thousand
Water, sewer, trash and utilities
17%$669 thousand
What's in water, sewer, trash and utilitiesSewer systems; electric power and 2 more
  • Sewer systems$250 thousand
  • Electric power$233 thousand
  • Garbage and solid waste$154 thousand
  • Gas supply$32 thousand
Sent to other local governments
8.5%$342 thousand
What's in sent to other local governmentsSent to the state government and sent to local governments: other and not broken out
  • Sent to the state government$261 thousand
  • Sent to local governments: other and not broken out$81 thousand
Roads, transit and parking
3.4%$138 thousand
What's in roads, transit and parkingRoads and highways and toll roads and bridges
  • Roads and highways$99 thousand
  • Toll roads and bridges$39 thousand
Interest on debt
2.4%$96 thousand
Parks, recreation and libraries
<0.1%$4 thousand
What's in parks, recreation and librariesLibraries
  • Libraries$4 thousand
Sources and moreWhere these numbers come from and what they cover

Borough of Riverton. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023.

What this covers. The money of Borough of Riverton 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.