How Paramus is run

Who runs Paramus, 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 Paramus's own public documents. Every number links to its source and says which year it describes. Checked Oct 11, 2026.

Who runs Paramus

Paramus has an elected mayor and council. The mayor serves a four-year term, is the chief executive, presides over meetings and makes appointments that the council confirms. Six council members are elected at large for three-year terms. The council appoints a Borough Administrator who runs day-to-day operations.

Borough of Paramus · Jan 1, 2024

What they are paid

Borough Administrator Hector Olmo: base payNot confirmed2026. Borough of Paramus · Jun 25, 2026
A council memberNot confirmed2026. Borough of Paramus · Jun 25, 2026
The mayorNot confirmed2026. The 2026 salary ordinance sets a range for the mayor starting at $10,000 per year. We found no document that states the actual amount. Borough of Paramus · Jun 25, 2026

Paramus city staff

Neither the 2026 budget nor the 2023 audit states a total head count. The salary ordinance sets pay ranges by position; we found no list of individual employee pay. We name pay only for elected officials and the city manager.

Is Paramus 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$98.1MOut of $104M across all city funds, which includes utilities and other money that can only be spent on one thing. Borough of Paramus · Jul 22, 2026
Savings grew, 2023 (audited)+$2.5MGeneral fund revenue $204M, spending $200M. The Current Fund took in $3.7 million more than it spent in 2023, but these totals include $86.5M of school taxes and $29.5M of county taxes the borough collects and passes on. After using $2,185,000 of fund balance in the 2023 budget, fund balance rose from $3,056,042 to $5,511,363. Borough of Paramus · Jan 1, 2024

Savings

Unassigned general fund balance: $5.5M (2023-12-31). Borough of Paramus · Jan 1, 2024

Pension promises not yet funded$62.1MParamus' share of New Jersey's two state pension plans, measured June 30, 2025: $38.4M for the Police and Firemen's Retirement System (PFRS) and $23.8M for the Public Employees' Retirement System (PERS). The state carries another $7.8M of PFRS liability on the borough's behalf. (2025-06-30). State of New Jersey · Jan 1, 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$68.5M · 70%
  • Surplus (fund balance) used$6.5M · 7%
  • Library property tax$4.6M · 5%
  • State aid (energy receipts tax)$4.1M · 4%
  • Construction code fees$2.4M · 2%
  • Delinquent taxes$1.6M · 2%
  • Other (Valley Hospital fee, ambulance fees, investment interest, sewer charges and others)$10.5M · 11%

Borough of Paramus · Jul 22, 2026

Goes to (2026)

  • Police salaries$19.4M · 20%
  • Employee health insurance$14.9M · 15%
  • State pension contributions (PFRS and PERS)$8.7M · 9%
  • Debt service$5.4M · 6%
  • Public library$4.6M · 5%
  • Sewage treatment (Bergen County Utilities Authority)$3.9M · 4%
  • Other (administration, dispatch, EMS, public works, trash, recreation, reserve for uncollected taxes and others)$41.1M · 42%

Borough of Paramus · Jul 22, 2026

Who provides your services

Not everything in Paramus 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.

SummitNJGlassboroNJParamusNJRahwayNJ
Residents23,31424,48326,72331,010
Top administrator's base payNot confirmedNot confirmedNot confirmedNot confirmed
Council member payNot confirmedNot confirmedNot confirmedNot confirmed
General fund per resident$2,721$1,401$3,672$2,574
Debt per resident$3,390$1,856$1,682$2,892
Unfunded pension per resident$1,588$1,108$2,325$1,359
City staff per 1,000 residents————

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 Paramus publishes

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

Questions to ask your council

  1. The 2026 budget uses $6,461,334 of surplus as revenue, more than the audited Current Fund balance of $5,511,363 on December 31, 2023. How will the borough keep its surplus from shrinking?
  2. Paramus' share of state pension liabilities was $62.1 million at June 30, 2025, and the 2026 budget sets $8.7 million of pension contributions. How will those costs fit into future budgets?
  3. Employee health insurance is budgeted at $14.9 million in 2026. What steps are planned to slow those costs?
  4. The borough had $44.95 million of bonds and notes on December 31, 2024. How much more borrowing is planned for roads, the golf course and other projects?

See who is running for council

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Every number here was checked by hand against the linked document. Cities publish on different schedules, so years differ between sections; each figure says which year it describes. Spotted something wrong or out of date?

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