Borough government · Bergen County, NJ

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

In the latest recorded fiscal year (ended December 31, 2021), Waldwick took in $18.6 million and spent $17.9 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 taxes75%Fees for services (water, sewer)12%State tax money7.2%Fines and other4.9%

What stands out

72%

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

Borough taxes75%

Property tax
72%$13.3 million
Other taxes
3.9%$717 thousand
What's in other taxesOther licenses; public utility taxes and 2 more
  • Other licenses$521 thousand
  • Public utility taxes$168 thousand
  • Alcoholic beverage licenses$27 thousand
  • Occupation and business licenses$1 thousand

Amounts are by Census tax category.

Fees for services12%

Fees for services
12%$2.3 million
What's in fees for servicesWater; sewer and 3 more
  • Water$1.9 million
  • Sewer$143 thousand
  • Parks and recreation$116 thousand
  • Parking$81 thousand
  • Garbage collection$51 thousand

Amounts are by Census type of charge.

State tax money7.2%

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

From the state
7.2%$1.3 million

Fines and other4.9%

Interest, rents and other
3.4%$628 thousand
Fines
1.6%$290 thousand

Where it goes

Police, fire, courts and jails44%Running the government and other costs21%Water, sewer, trash and utilities16%Roads, transit and parking6.1%Sent to other local governments5.7%All other spending7.7%

What stands out

5.7%

of Waldwick's spending goes to local governments.Most U.S. cities of 10,000 to 50,000 people spend nothing on this.

Spending by category100%

Police, fire, courts and jails
44%$7.8 million
What's in police, fire, courts and jailsPolice; inspections and regulation and 2 more
  • Police$7.2 million
  • Inspections and regulation$436 thousand
  • Courts and legal services$121 thousand
  • Fire protection$93 thousand
Running the government and other costs
21%$3.8 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$2.8 million
  • Central staff services (personnel, purchasing, technology)$560 thousand
  • Finance, tax collection and budgeting$350 thousand
  • Government buildings$95 thousand
Water, sewer, trash and utilities
16%$2.8 million
What's in water, sewer, trash and utilitiesWater supply; garbage and solid waste and 1 more
  • Water supply$1.9 million
  • Garbage and solid waste$865 thousand
  • Sewer systems$65 thousand
Roads, transit and parking
6.1%$1.1 million
What's in roads, transit and parkingRoads and highways and parking
  • Roads and highways$1.1 million
  • Parking$6 thousand
Sent to other local governments
5.7%$1.0 million
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$1.0 million
Parks, recreation and libraries
4.4%$785 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$702 thousand
  • Parks and recreation$83 thousand
Interest on debt
2.4%$422 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$374 thousand
  • Interest on water supply debt$48 thousand
Health and hospitals
0.9%$166 thousand
What's in health and hospitalsPublic health
  • Public health$166 thousand
Sources and moreWhere these numbers come from and what they cover

Borough of Waldwick. 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 Waldwick 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.