How Edgewater is run

Who runs Edgewater, what it costs, and where your money goes

The city manager, council pay, the budget, your property tax bill and who provides each service, from Edgewater's own public documents. Every number links to its source and says which year it describes. Checked Oct 11, 2026.

Who runs Edgewater

The elected mayor heads the city government and appoints its top administrator and department heads. The council passes laws, adopts the budget and sets the tax rate.

Borough of Edgewater · Mar 12, 2026

What they are paid

Borough Administrator Gregory S. Franz: base payNot confirmed2026. We found no contract, resolution or salary ordinance online that states the Borough Administrator's salary. The 2026 budget gives pay only by employee group. Borough of Edgewater · Apr 15, 2026
A council memberNot confirmed2025. Borough of Edgewater · Mar 12, 2026
The mayorNot confirmed2025. Borough of Edgewater · Mar 12, 2026

Edgewater city staff

The 2026 budget lists 82 full-time and 106 part-time budgeted employees with $11.8M of base pay in total, reported by employee group. We found no list of individual employee pay. We name pay only for elected officials and the city manager.

Is Edgewater in the red?

Cities must pass a balanced budget, so "profit" and "deficit" mean something different here. The useful questions: does the city's everyday money (the general fund) cover its everyday costs, how much does it keep in savings compared with its own target, and how big are its pension and debt bills.

General fund, 2026$41MOut of $41M across all city funds, which includes utilities and other money that can only be spent on one thing. Borough of Edgewater · May 4, 2026
Savings grew, 2025 (audited)+$1.5MGeneral fund revenue $83.2M, spending $78.3M. The Current Fund took in $4.90M more than it spent in 2025. These totals include $31.3M of local school taxes and $10.8M of county taxes the borough collects and passes on. The borough used $3.4M of fund balance as revenue in its 2025 budget, so fund balance rose by $1.50M, from $8.92M to $10.43M. Borough of Edgewater · Mar 12, 2026

Savings

Unassigned general fund balance: $10.4M (2025-12-31). Borough of Edgewater · Mar 12, 2026

Pension promises not yet funded$19.7MEdgewater's share of New Jersey's two state pension plans, measured June 30, 2025: $13.1M for the Police and Firemen's Retirement System (PFRS) and $6.6M for the Public Employees' Retirement System (PERS). The state carries another $2.7M of PFRS liability on the borough's behalf. (2025-06-30). State of New Jersey · Jan 1, 2026
Debt owed$41M$23.16M of general obligation bonds, $15.59M of bond anticipation notes, $1.10M of state Green Trust and Infrastructure Trust loans, and $1.20M of marina utility bonds and notes. 2025-12-31. Borough of Edgewater · Feb 20, 2026

Why we skip the "budgeted deficit": many cities plan to dip into savings, then spend less than planned. The audited result tells you what really happened.

Where the money comes from and goes

The general fund only: the city's everyday money for 2026.

Comes from

  • Property tax for municipal purposes$29.9M · 73%
  • Fund balance (surplus) used$4M · 10%
  • Special items (PILOT payments, hotel occupancy tax, commercial sewer fees, capital fund balance and others)$2.1M · 5%
  • Library property tax$1.6M · 4%
  • Delinquent taxes collected$1.1M · 3%
  • Local revenues (fees, permits, court fines, interest)$945,000 · 2%
  • State aid (energy receipts tax)$759,683 · 2%
  • Other (construction code fees and grants)$538,995 · 1%

Borough of Edgewater · Apr 6, 2026

Goes to (2026)

  • Public safety (police, fire, emergency services)$9.7M · 24%
  • Insurance (including employee health benefits)$6.3M · 16%
  • Debt service$4.9M · 12%
  • Public works$4.8M · 12%
  • Pensions and Social Security (statutory expenditures)$3.2M · 8%
  • General government$2.5M · 6%
  • Reserve for uncollected taxes$2.2M · 5%
  • Library$1.6M · 4%
  • Other (parks and recreation, utilities, solid waste disposal, construction code, health, court, land use and deferred charges)$5.1M · 13%

Borough of Edgewater · Apr 15, 2026

Who provides your services

Not everything in Edgewater is run by the city. Who provides a service decides whose budget pays for it and whose election decides it.

Compared with similar cities

The cities in this state closest in population that we cover. Read it for scale, not as a ranking: cities provide different services.

RamseyNJEdgewaterNJRoselle ParkNJAsbury ParkNJ
Residents14,92515,49915,60315,632
Top administrator's base payNot confirmedNot confirmedNot confirmedNot confirmed
Council member payNot confirmedNot confirmedNot confirmedNot confirmed
General fund per resident$2,148$2,645$1,563$4,036
Debt per resident$1,191$2,648$1,097$3,315
Unfunded pension per resident$1,224$1,268$882$3,383
City staff per 1,000 residents———15.7

Figures as shown in each city's section, divided by its population. Years differ by state, and pension figures are measured differently in each state (each city page says how).

What Edgewater publishes

What a resident can find online today. A "no" is something you can ask the council to publish.

  • Yes: Adopted budget posted onlineThe 2026 introduced and user friendly budgets are on the Finance page. The adoption resolution is posted with the May 4, 2026 meeting. Borough of Edgewater
  • No: City manager's contract findable onlineThe Finance page posts budgets, audits and debt statements. We found no contract or resolution stating the Borough Administrator's pay. Borough of Edgewater
  • Partly: Council pay stated in a public documentThe budget and audit show one salaries and wages line for the mayor and council together, without a per-member figure. Borough of Edgewater · Mar 12, 2026
  • Partly: Employee pay published Borough of Edgewater · Apr 15, 2026

Questions to ask your council

  1. The 2026 budget uses $4.0 million of surplus, up from $3.4 million in 2025, while the fund balance stood at $10.43 million at December 31, 2025. How much surplus does the borough plan to use in future budgets?
  2. Edgewater's share of state pension liabilities was $19.7 million at June 30, 2025. How will rising pension contributions fit into future budgets?
  3. The borough owed $41.04 million in bonds, notes and loans at December 31, 2025, including short-term bond anticipation notes. When does it plan to convert those notes to long-term bonds, and at what cost?
  4. Insurance, including employee health benefits, is budgeted at $6.33 million in 2026. What is the borough doing to manage that cost?

See who is running for council

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