Borough government · Delaware County, PA

Prospect Park's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Prospect Park took in $6.5 million and spent $7.8 million.

Latest recorded year: ended December 31, 2021Comes fromGoes to

See every government that serves your ZIP

Where it comes from

Borough taxes58%Fees for services (sewer, garbage collection)27%State tax money7.6%Federal tax money5.3%Fines and other0.9%County and local tax money0.4%

What stands out

16%

of Prospect Park's money comes from a personal income tax.Most U.S. cities, towns and villages of under 10,000 people get none.

Borough taxes58%

Property tax
33%$2.2 million
Individual income tax
16%$1.0 million
Other taxes
9.3%$605 thousand
What's in other taxesOccupation and business licenses; real estate and stock transfer taxes and 1 more
  • Occupation and business licenses$295 thousand
  • Real estate and stock transfer taxes$169 thousand
  • Public utility licenses$141 thousand

Amounts are by Census tax category.

Fees for services27%

Fees for services
27%$1.8 million
What's in fees for servicesSewer; garbage collection and 2 more
  • Sewer$1.2 million
  • Garbage collection$491 thousand
  • Road charges$100 thousand
  • Other service charges$6 thousand

Amounts are by Census type of charge.

Federal tax money5.3%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
5.3%$340 thousand

State tax money7.6%

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

From the state
7.6%$495 thousand

County and local tax money0.4%

Money passed on by the county or other local governments.

From the county and other local governments
0.4%$24 thousand

Fines and other0.9%

Fines
0.6%$36 thousand
Interest, rents and other
0.3%$21 thousand

Where it goes

Water, sewer, trash and utilities32%Police, fire, courts and jails28%Roads, transit and parking21%Running the government and other costs17%Parks, recreation and libraries1.8%All other spending1.0%

What stands out

28%

of Prospect Park'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%

Water, sewer, trash and utilities
32%$2.5 million
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
  • Sewer systems$1.7 million
  • Garbage and solid waste$792 thousand
Police, fire, courts and jails
28%$2.2 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$1.9 million
  • Fire protection$209 thousand
  • Courts and legal services$53 thousand
  • Inspections and regulation$8 thousand
Roads, transit and parking
21%$1.6 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.6 million
Running the government and other costs
17%$1.3 million
What's in running the government and other costsFinance, tax collection and budgeting; central staff services (personnel, purchasing, technology) and 2 more
  • Finance, tax collection and budgeting$413 thousand
  • Central staff services (personnel, purchasing, technology)$391 thousand
  • Other and not broken out$365 thousand
  • Government buildings$149 thousand
Parks, recreation and libraries
1.8%$142 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$105 thousand
  • Libraries$37 thousand
Interest on debt
1.0%$78 thousand
Health and hospitals
<0.1%$3 thousand
What's in health and hospitalsPublic health
  • Public health$3 thousand
Sources and moreWhere these numbers come from and what they cover

Borough of Prospect Park. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Borough of Prospect Park 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.