Borough government · Bergen County, NJ

Wood Ridge's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Wood Ridge took in $17.6 million and spent $15.8 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 taxes89%Fines and other7.9%State tax money2.7%

What stands out

87%

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

Borough taxes89%

Property tax
87%$15.3 million
Other taxes
2.6%$463 thousand
What's in other taxesOther licenses; public utility taxes and 1 more
  • Other licenses$308 thousand
  • Public utility taxes$135 thousand
  • Alcoholic beverage licenses$20 thousand

Amounts are by Census tax category.

Fees for services<0.1%

Fees for services
<0.1%$5 thousand
What's in fees for servicesOther service charges
  • Other service charges$5 thousand

Amounts are by Census type of charge.

State tax money2.7%

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

From the state
2.7%$474 thousand

Fines and other7.9%

Interest, rents and other
6.6%$1.2 million
Fines
1.2%$217 thousand

Where it goes

Police, fire, courts and jails34%Running the government and other costs34%Water, sewer, trash and utilities11%Parks, recreation and libraries8.8%Roads, transit and parking6.2%All other spending5.2%

What stands out

34%

of Wood Ridge'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%$5.5 million
What's in police, fire, courts and jailsPolice; courts and legal services and 2 more
  • Police$4.3 million
  • Courts and legal services$587 thousand
  • Fire protection$328 thousand
  • Inspections and regulation$201 thousand
Running the government and other costs
34%$5.4 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$4.3 million
  • Central staff services (personnel, purchasing, technology)$485 thousand
  • Finance, tax collection and budgeting$368 thousand
  • Government buildings$213 thousand
Water, sewer, trash and utilities
11%$1.8 million
What's in water, sewer, trash and utilitiesGarbage and solid waste and sewer systems
  • Garbage and solid waste$1.7 million
  • Sewer systems$71 thousand
Parks, recreation and libraries
8.8%$1.4 million
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$1.1 million
  • Parks and recreation$335 thousand
Roads, transit and parking
6.2%$978 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$978 thousand
Interest on debt
2.2%$345 thousand
Sent to other local governments
1.4%$224 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$224 thousand
Health and hospitals
1.0%$153 thousand
What's in health and hospitalsPublic health
  • Public health$153 thousand
Social services
0.6%$96 thousand
What's in social servicesOther public welfare
  • Other public welfare$96 thousand
Environment and natural resources
<0.1%$13 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$13 thousand
Sources and moreWhere these numbers come from and what they cover

Borough of Wood Ridge. 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 Wood Ridge 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.