Village government · Tuscola County, MI

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

In the latest recorded fiscal year (ended March 31, 2022), Akron took in $556 thousand and spent $413 thousand.

Latest recorded year: ended March 31, 2022Comes fromGoes to

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Where it comes from

Fees for services (water, sewer)55%State tax money25%Village taxes17%Fines and other1.8%County and local tax money0.9%

What stands out

25%

of Akron's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.

Village taxes17%

Property tax
17%$97 thousand

Fees for services55%

Fees for services
55%$307 thousand
What's in fees for servicesOther service charges; water and 1 more
  • Other service charges$186 thousand
  • Water$83 thousand
  • Sewer$38 thousand

Amounts are by Census type of charge.

State tax money25%

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

From the state
25%$137 thousand

County and local tax money0.9%

Money passed on by the county or other local governments.

From the county and other local governments
0.9%$5 thousand

Fines and other1.8%

Interest, rents and other
1.6%$9 thousand
Fines
0.2%$1 thousand

Where it goes

Police, fire, courts and jails37%Water, sewer, trash and utilities28%Roads, transit and parking22%Running the government and other costs8.2%Interest on debt3.1%Parks, recreation and libraries2.7%

What stands out

37%

of Akron'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
37%$151 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$108 thousand
  • Fire protection$43 thousand
Water, sewer, trash and utilities
28%$115 thousand
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
  • Sewer systems$96 thousand
  • Garbage and solid waste$19 thousand
Roads, transit and parking
22%$89 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$89 thousand
Running the government and other costs
8.2%$34 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); government buildings and 1 more
  • Central staff services (personnel, purchasing, technology)$23 thousand
  • Government buildings$10 thousand
  • Other and not broken out$1 thousand
Interest on debt
3.1%$13 thousand
Parks, recreation and libraries
2.7%$11 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$11 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Akron. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended March 31, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Village of Akron 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.