Village government · Montgomery County, MD

Chevy Chase's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2022), Chevy Chase took in $7.0 million and spent $5.1 million.

Latest recorded year: ended June 30, 2022Comes fromGoes to

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Where it comes from

Village taxes71%Federal tax money15%Fines and other12%State tax money3.1%

What stands out

55%

of Chevy Chase's money comes from a personal income tax.Most U.S. cities, towns and villages of under 10,000 people get none.

Village taxes71%

Individual income tax
55%$3.8 million
Property tax
15%$1.0 million
Other taxes
0.6%$42 thousand
What's in other taxesOther licenses
  • Other licenses$42 thousand

Amounts are by Census tax category.

Federal tax money15%

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

From the federal government
15%$1.0 million

State tax money3.1%

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

From the state
3.1%$214 thousand

Fines and other12%

Fines
9.9%$689 thousand
Interest, rents and other
1.9%$132 thousand

Where it goes

Police, fire, courts and jails40%Running the government and other costs29%Roads, transit and parking26%Parks, recreation and libraries5.1%Interest on debt0.7%

What stands out

40%

of Chevy Chase'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
40%$2.0 million
What's in police, fire, courts and jailsPolice
  • Police$2.0 million
Running the government and other costs
29%$1.5 million
What's in running the government and other costsOther and not broken out and government buildings
  • Other and not broken out$1.3 million
  • Government buildings$132 thousand
Roads, transit and parking
26%$1.3 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.3 million
Parks, recreation and libraries
5.1%$261 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$261 thousand
Interest on debt
0.7%$38 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Chevy Chase. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Village of Chevy Chase 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.