Town government · Kent County, DE

Leipsic's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Leipsic took in $27 thousand and spent $32 thousand.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

Town taxes41%County and local tax money41%State tax money19%

What stands out

41%

of Leipsic's money comes from county and other local tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

Town taxes41%

Property tax
41%$11 thousand

State tax money19%

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

From the state
19%$5 thousand

County and local tax money41%

Money passed on by the county or other local governments.

From the county and other local governments
41%$11 thousand

Where it goes

Water, sewer, trash and utilities59%Running the government and other costs41%

What stands out

59%

of Leipsic's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
59%$19 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$19 thousand
Running the government and other costs
41%$13 thousand
What's in running the government and other costsGovernment buildings and finance, tax collection and budgeting
  • Government buildings$12 thousand
  • Finance, tax collection and budgeting$1 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Leipsic. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of Town of Leipsic 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.