Village government · Alger County, MI

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

In the latest recorded fiscal year (ended June 30, 2022), Chatham took in $224 thousand and spent $164 thousand.

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

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Where it comes from

Fees for services (water, sewer)48%State tax money39%Village taxes8.9%Fines and other4.0%Federal tax money0.4%

What stands out

39%

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

Village taxes8.9%

Property tax
8.9%$20 thousand

Fees for services48%

Fees for services
48%$107 thousand
What's in fees for servicesWater and sewer
  • Water$77 thousand
  • Sewer$30 thousand

Amounts are by Census type of charge.

Federal tax money0.4%

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

From the federal government
0.4%$1 thousand

State tax money39%

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

From the state
39%$87 thousand

Fines and other4.0%

Interest, rents and other
4.0%$9 thousand

Where it goes

Water, sewer, trash and utilities47%Running the government and other costs28%Roads, transit and parking18%Interest on debt7.3%

What stands out

7.3%

of Chatham'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
47%$77 thousand
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$77 thousand
Running the government and other costs
28%$46 thousand
What's in running the government and other costsGovernment buildings; other and not broken out and 2 more
  • Government buildings$22 thousand
  • Other and not broken out$10 thousand
  • Central staff services (personnel, purchasing, technology)$8 thousand
  • Finance, tax collection and budgeting$6 thousand
Roads, transit and parking
18%$29 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$29 thousand
Interest on debt
7.3%$12 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$7 thousand
  • Interest on water supply debt$5 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Chatham. 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 Chatham 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.