Borough government · Monmouth County, NJ
Rumson's money: where it comes from and where it goes
In the latest recorded fiscal year (ended December 31, 2021), Rumson took in $17.7 million and spent $12.7 million.
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Where it comes from
What stands out
of Rumson's money comes from property tax.A typical U.S. city, town or village of under 10,000 people gets 15%.
Borough taxes86%
What's in other taxesOther licenses; public utility taxes and 1 more
- Other licenses$698 thousand
- Public utility taxes$153 thousand
- Alcoholic beverage licenses$33 thousand
Amounts are by Census tax category.
Fees for services8.0%
What's in fees for servicesSewer and garbage collection
- Sewer$1.3 million
- Garbage collection$65 thousand
Amounts are by Census type of charge.
State tax money2.5%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other3.9%
Where it goes
What stands out
of Rumson's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.
Spending by category100%
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$4.9 million
- Central staff services (personnel, purchasing, technology)$634 thousand
- Finance, tax collection and budgeting$385 thousand
- Government buildings$101 thousand
What's in police, fire, courts and jailsPolice; inspections and regulation and 2 more
- Police$2.5 million
- Inspections and regulation$557 thousand
- Courts and legal services$118 thousand
- Fire protection$62 thousand
What's in roads, transit and parkingRoads and highways
- Roads and highways$1.6 million
What's in water, sewer, trash and utilitiesGarbage and solid waste and sewer systems
- Garbage and solid waste$826 thousand
- Sewer systems$208 thousand
What's in parks, recreation and librariesParks and recreation and libraries
- Parks and recreation$117 thousand
- Libraries$83 thousand
What's in health and hospitalsPublic health
- Public health$125 thousand
Sources and moreWhere these numbers come from and what they cover
Borough of Rumson. 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 Rumson 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.