Village government · St Tammany Parish, LA

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

In the latest recorded fiscal year (ended June 30, 2022), Folsom took in $1.4 million and spent $926 thousand.

Latest recorded year: ended June 30, 2022Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Village taxes76%Fees for services (water, sewer)22%Fines and other1.3%State tax money0.7%

What stands out

61%

of Folsom's money comes from sales tax.Most U.S. cities, towns and villages of under 10,000 people get none.

Village taxes76%

Sales tax
61%$840 thousand
Other taxes
15%$200 thousand
What's in other taxesOccupation and business licenses; public utility taxes and 2 more
  • Occupation and business licenses$129 thousand
  • Public utility taxes$60 thousand
  • Other licenses$7 thousand
  • Alcoholic beverage licenses$4 thousand

Amounts are by Census tax category.

Fees for services22%

Fees for services
22%$300 thousand
What's in fees for servicesWater; sewer and 1 more
  • Water$164 thousand
  • Sewer$93 thousand
  • Garbage collection$43 thousand

Amounts are by Census type of charge.

State tax money0.7%

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

From the state
0.7%$10 thousand

Fines and other1.3%

Fines
1.2%$16 thousand
Interest, rents and other
0.1%$2 thousand

Where it goes

Police, fire, courts and jails33%Running the government and other costs26%Water, sewer, trash and utilities24%Roads, transit and parking16%Interest on debt1.8%Sent to other local governments0.2%

What stands out

33%

of Folsom's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Police, fire, courts and jails
33%$303 thousand
What's in police, fire, courts and jailsPolice; courts and legal services and 1 more
  • Police$297 thousand
  • Courts and legal services$5 thousand
  • Inspections and regulation$1 thousand
Running the government and other costs
26%$237 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 1 more
  • Central staff services (personnel, purchasing, technology)$157 thousand
  • Finance, tax collection and budgeting$78 thousand
  • Other and not broken out$2 thousand
Water, sewer, trash and utilities
24%$223 thousand
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$94 thousand
  • Water supply$88 thousand
  • Garbage and solid waste$41 thousand
Roads, transit and parking
16%$144 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$144 thousand
Interest on debt
1.8%$17 thousand
Sent to other local governments
0.2%$2 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$2 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Folsom. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Village of Folsom 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.