Village government · Oakland County, MI

Bingham Farms's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2022), Bingham Farms took in $3.1 million and spent $4.3 million.

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

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Where it comes from

Village taxes55%Fees for services (sewer, water)20%Fines and other16%State tax money9.6%

What stands out

55%

of Bingham Farms' money comes from property tax.A typical U.S. city, town or village of under 10,000 people gets 15%.

Village taxes55%

Property tax
55%$1.7 million
Other taxes
0.6%$20 thousand
What's in other taxesOther licenses
  • Other licenses$20 thousand

Amounts are by Census tax category.

Fees for services20%

Fees for services
20%$604 thousand
What's in fees for servicesSewer; water and 1 more
  • Sewer$285 thousand
  • Water$285 thousand
  • Other service charges$34 thousand

Amounts are by Census type of charge.

State tax money9.6%

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

From the state
9.6%$296 thousand

Fines and other16%

Interest, rents and other
14%$443 thousand
Fines
1.2%$36 thousand

Where it goes

Police, fire, courts and jails33%Sent to other local governments32%Water, sewer, trash and utilities21%Running the government and other costs9.7%Parks, recreation and libraries2.9%Roads, transit and parking1.9%

What stands out

32%

of Bingham Farms' spending goes to local governments.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Police, fire, courts and jails
33%$1.4 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$931 thousand
  • Fire protection$427 thousand
  • Courts and legal services$43 thousand
  • Inspections and regulation$3 thousand
Sent to other local governments
32%$1.4 million
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$1.4 million
Water, sewer, trash and utilities
21%$892 thousand
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
  • Sewer systems$795 thousand
  • Garbage and solid waste$97 thousand
Running the government and other costs
9.7%$415 thousand
What's in running the government and other costsOther and not broken out; government buildings and 1 more
  • Other and not broken out$368 thousand
  • Government buildings$38 thousand
  • Central staff services (personnel, purchasing, technology)$9 thousand
Parks, recreation and libraries
2.9%$122 thousand
What's in parks, recreation and librariesLibraries
  • Libraries$122 thousand
Roads, transit and parking
1.9%$79 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$79 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Bingham Farms. 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 Bingham Farms 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.