Town government · Garrett County, MD

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

In the latest recorded fiscal year (ended June 30, 2022), Grantsville took in $1.2 million and spent $724 thousand.

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

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Where it comes from

Fees for services (sewer, garbage collection)35%Federal tax money35%Town taxes20%State tax money4.7%County and local tax money2.9%Fines and other1.8%

What stands out

35%

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

Town taxes20%

Property tax
12%$143 thousand
Individual income tax
5.1%$62 thousand
Other taxes
3.5%$42 thousand
What's in other taxesOther selective sales taxes; occupation and business licenses and 1 more
  • Other selective sales taxes$35 thousand
  • Occupation and business licenses$4 thousand
  • Alcoholic beverage licenses$3 thousand

Amounts are by Census tax category.

Fees for services35%

Fees for services
35%$426 thousand
What's in fees for servicesSewer and garbage collection
  • Sewer$237 thousand
  • Garbage collection$189 thousand

Amounts are by Census type of charge.

Federal tax money35%

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

From the federal government
35%$426 thousand

State tax money4.7%

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

From the state
4.7%$57 thousand

County and local tax money2.9%

Money passed on by the county or other local governments.

From the county and other local governments
2.9%$35 thousand

Fines and other1.8%

Interest, rents and other
1.8%$22 thousand

Where it goes

Water, sewer, trash and utilities63%Running the government and other costs24%Roads, transit and parking8.0%Parks, recreation and libraries3.7%Interest on debt1.7%

What stands out

63%

of Grantsville'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
63%$453 thousand
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$216 thousand
  • Sewer systems$210 thousand
  • Garbage and solid waste$27 thousand
Running the government and other costs
24%$174 thousand
What's in running the government and other costsFinance, tax collection and budgeting; other and not broken out and 2 more
  • Finance, tax collection and budgeting$94 thousand
  • Other and not broken out$52 thousand
  • Government buildings$22 thousand
  • Central staff services (personnel, purchasing, technology)$6 thousand
Roads, transit and parking
8.0%$58 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$58 thousand
Parks, recreation and libraries
3.7%$27 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$27 thousand
Interest on debt
1.7%$12 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Grantsville. 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 Town of Grantsville 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.