Borough government · Bergen County, NJ

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

In the latest recorded fiscal year (ended December 31, 2021), Teterboro took in $6.0 million and spent $3.9 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 taxes98%State tax money1.4%Fines and other0.4%

What stands out

98%

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

Borough taxes98%

Property tax
98%$5.9 million

State tax money1.4%

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

From the state
1.4%$83 thousand

Fines and other0.4%

Interest, rents and other
0.4%$25 thousand

Where it goes

Running the government and other costs66%Sent to other local governments11%Police, fire, courts and jails8.8%Roads, transit and parking6.9%Interest on debt3.2%All other spending4.2%

What stands out

66%

of Teterboro'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%

Running the government and other costs
66%$2.6 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$1.7 million
  • Central staff services (personnel, purchasing, technology)$503 thousand
  • Finance, tax collection and budgeting$249 thousand
  • Government buildings$89 thousand
Sent to other local governments
11%$433 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$433 thousand
Police, fire, courts and jails
8.8%$345 thousand
What's in police, fire, courts and jailsCourts and legal services and inspections and regulation
  • Courts and legal services$205 thousand
  • Inspections and regulation$140 thousand
Roads, transit and parking
6.9%$271 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$271 thousand
Interest on debt
3.2%$124 thousand
Water, sewer, trash and utilities
2.5%$99 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$99 thousand
Health and hospitals
1.7%$65 thousand
What's in health and hospitalsPublic health
  • Public health$65 thousand
Sources and moreWhere these numbers come from and what they cover

Borough of Teterboro. 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 Teterboro 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.