Town government · Clay County, FL

Penney Farms's money: where it comes from and where it goes

In the latest recorded fiscal year (ended September 30, 2021), Penney Farms took in $1.3 million and spent $1.7 million.

Latest recorded year: ended September 30, 2021Comes fromGoes to

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Where it comes from

Town taxes28%Fees for services (sewer, garbage collection)25%Federal tax money24%State tax money19%Fines and other3.9%

What stands out

24%

of Penney Farms' money comes from federal tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

Town taxes28%

Other taxes
23%$302 thousand
What's in other taxesOther taxes not classified elsewhere; public utility taxes and 3 more
  • Other taxes not classified elsewhere$99 thousand
  • Public utility taxes$72 thousand
  • Other licenses$52 thousand
  • Motor fuel taxes$42 thousand
  • Occupation and business licenses$37 thousand

Amounts are by Census tax category.

Property tax
5.4%$72 thousand

Fees for services25%

Fees for services
25%$334 thousand
What's in fees for servicesSewer; garbage collection and 2 more
  • Sewer$188 thousand
  • Garbage collection$126 thousand
  • Road charges$19 thousand
  • Other service charges$1 thousand

Amounts are by Census type of charge.

Federal tax money24%

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

From the federal government
24%$316 thousand

State tax money19%

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

From the state
19%$247 thousand

Fines and other3.9%

Interest, rents and other
3.8%$50 thousand
Fines
<0.1%$1 thousand

Where it goes

Running the government and other costs40%Water, sewer, trash and utilities34%Roads, transit and parking21%Parks, recreation and libraries3.4%Interest on debt1.1%Police, fire, courts and jails0.1%

What stands out

40%

of Penney Farms' spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Running the government and other costs
40%$677 thousand
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 1 more
  • Other and not broken out$451 thousand
  • Finance, tax collection and budgeting$148 thousand
  • Central staff services (personnel, purchasing, technology)$78 thousand
Water, sewer, trash and utilities
34%$570 thousand
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$570 thousand
Roads, transit and parking
21%$356 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$356 thousand
Parks, recreation and libraries
3.4%$58 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$58 thousand
Interest on debt
1.1%$19 thousand
Police, fire, courts and jails
0.1%$2 thousand
What's in police, fire, courts and jailsCourts and legal services
  • Courts and legal services$2 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Penney Farms. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended September 30, 2021. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Penney Farms 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.