Town government · Berkshire County, MA

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

In the latest recorded fiscal year (ended June 30, 2022), Savoy took in $2.9 million and spent $3.0 million.

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

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Where it comes from

Town taxes41%State tax money40%Fines and other12%County and local tax money3.8%Federal tax money3.4%Fees for services (transit fares)0.6%

What stands out

12%

of Savoy's money comes from interest, rents and other revenue.A typical U.S. township or town of under 10,000 people gets 1%.

Town taxes41%

Property tax
41%$1.2 million
Other taxes
0.2%$5 thousand
What's in other taxesOther licenses
  • Other licenses$5 thousand

Amounts are by Census tax category.

Fees for services0.6%

Fees for services
0.6%$17 thousand
What's in fees for servicesTransit fares and other service charges
  • Transit fares$11 thousand
  • Other service charges$6 thousand

Amounts are by Census type of charge.

Federal tax money3.4%

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

From the federal government
3.4%$101 thousand

State tax money40%

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

From the state
40%$1.2 million

County and local tax money3.8%

Money passed on by the county or other local governments.

From the county and other local governments
3.8%$111 thousand

Fines and other12%

Interest, rents and other
12%$342 thousand
Fines
<0.1%$1 thousand

Where it goes

Schools and colleges46%Roads, transit and parking28%Running the government and other costs16%Sent to other local governments5.9%Police, fire, courts and jails2.5%All other spending2.2%

What stands out

46%

of Savoy's spending goes to schools and colleges.Most U.S. townships and towns of under 10,000 people spend nothing on this.

Spending by category100%

Schools and colleges
46%$1.4 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$1.4 million
Roads, transit and parking
28%$835 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$835 thousand
Running the government and other costs
16%$467 thousand
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 2 more
  • Other and not broken out$345 thousand
  • Finance, tax collection and budgeting$50 thousand
  • Government buildings$46 thousand
  • Central staff services (personnel, purchasing, technology)$26 thousand
Sent to other local governments
5.9%$177 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out and sent to the state government
  • Sent to local governments: other and not broken out$176 thousand
  • Sent to the state government$1 thousand
Police, fire, courts and jails
2.5%$75 thousand
What's in police, fire, courts and jailsFire protection; police and 2 more
  • Fire protection$57 thousand
  • Police$9 thousand
  • Courts and legal services$5 thousand
  • Inspections and regulation$4 thousand
Water, sewer, trash and utilities
1.0%$30 thousand
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$30 thousand
Social services
0.7%$20 thousand
What's in social servicesOther public welfare
  • Other public welfare$20 thousand
Health and hospitals
0.5%$15 thousand
What's in health and hospitalsPublic health
  • Public health$15 thousand
Parks, recreation and libraries
<0.1%$1 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1 thousand
Interest on debt
<0.1%$1 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Savoy. 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 Savoy 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.