Prospect Park NJ

Municipal Money Matters

Municipal Finance
Revenues, 1994
Total
$5,865,628.00
Property Tax
$4,888,155.00
Taxes from public utility
142,573.00
State Aid
342,224.00
Federal Aid
0.00
Expenditures, 1994
Total
$5,958,237.22
Municipal Functions
2,051,441.00
General Government
450,882.00
Municipal Courts
79,805.00
Public Safety
655,725.00
Public Works
600,910.00
Health & Welfare
35,070.00
Recreation & Conserv.
5,377.00
Libraries
0.00
Capital Improvements
13,000.00
Debt Service - Principal
45,000.00
Debt Service - Interest
15,509.00
Total Tax Levy Per Capita
989.46
Percent Tax Levy Collected
97.05%
Debt, 1994
Total Debt Issued & Outstanding
$1,424,335.00
Debt Service Per Capita
$11.91

Taxes
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1998
1999
2000
General Tax Rate per $100
2.940
2.890
2.950
Net Valuation Taxable
$181,082,400
$180,110,700
$179,880,045
State Equalized Value
169,694,519
169,890,257
175,792,727
County Equalization Ratio
107.43
106.73
106.03


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All of information above was extracted from the 2001 New Jersey Municipal Data Book as published by Information Publications


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send to:
Mark D. Snyder
mark@Longruns.com