Village government · Gratiot County, MI

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

In the latest recorded fiscal year (ended February 28, 2022), Breckenridge took in $2.2 million and spent $2.6 million.

Latest recorded year: ended February 28, 2022Comes fromGoes to

See every government that serves your ZIP

Where it comes from

Fees for services (water, sewer)40%Village taxes25%State tax money18%Fines and other16%Federal tax money0.5%

What stands out

15%

of Breckenridge's money comes from interest, rents and other revenue.A typical U.S. city, town or village of under 10,000 people gets 3%.

Village taxes25%

Property tax
25%$539 thousand
Other taxes
<0.1%$2 thousand
What's in other taxesOther licenses
  • Other licenses$2 thousand

Amounts are by Census tax category.

Fees for services40%

Fees for services
40%$866 thousand
What's in fees for servicesOther service charges; water and 1 more
  • Other service charges$374 thousand
  • Water$359 thousand
  • Sewer$133 thousand

Amounts are by Census type of charge.

Federal tax money0.5%

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

From the federal government
0.5%$11 thousand

State tax money18%

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

From the state
18%$395 thousand

Fines and other16%

Interest, rents and other
15%$322 thousand
Fines
1.4%$30 thousand

Where it goes

Water, sewer, trash and utilities43%Running the government and other costs22%Roads, transit and parking19%Interest on debt7.4%Police, fire, courts and jails5.9%Parks, recreation and libraries3.6%

What stands out

7.4%

of Breckenridge's spending goes to interest on debt.A typical U.S. city, town or village of under 10,000 people spends 1.1%.

Spending by category100%

Water, sewer, trash and utilities
43%$1.1 million
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
  • Sewer systems$1.0 million
  • Garbage and solid waste$79 thousand
Running the government and other costs
22%$570 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$190 thousand
  • Finance, tax collection and budgeting$166 thousand
  • Central staff services (personnel, purchasing, technology)$148 thousand
  • Government buildings$66 thousand
Roads, transit and parking
19%$495 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$495 thousand
Interest on debt
7.4%$194 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$107 thousand
  • Interest on general debt$87 thousand
Police, fire, courts and jails
5.9%$156 thousand
What's in police, fire, courts and jailsPolice
  • Police$156 thousand
Parks, recreation and libraries
3.6%$95 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$92 thousand
  • Parks and recreation$3 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Breckenridge. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended February 28, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Village of Breckenridge 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.