Village government · Huron County, MI

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

In the latest recorded fiscal year (ended February 28, 2022), Elkton took in $1.4 million and spent $1.2 million.

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

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Where it comes from

Village taxes40%Fees for services (water)33%State tax money16%Fines and other8.9%County and local tax money1.7%Federal tax money<0.1%

What stands out

40%

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

Village taxes40%

Property tax
40%$568 thousand

Fees for services33%

Fees for services
33%$472 thousand
What's in fees for servicesWater and other service charges
  • Water$254 thousand
  • Other service charges$218 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

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

From the federal government
<0.1%$1 thousand

State tax money16%

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

From the state
16%$229 thousand

County and local tax money1.7%

Money passed on by the county or other local governments.

From the county and other local governments
1.7%$24 thousand

Fines and other8.9%

Interest, rents and other
8.6%$122 thousand
Fines
0.4%$5 thousand

Where it goes

Water, sewer, trash and utilities35%Running the government and other costs22%Roads, transit and parking19%Health and hospitals12%Police, fire, courts and jails8.4%All other spending3.3%

What stands out

12%

of Elkton's spending goes to health services and hospitals.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Water, sewer, trash and utilities
35%$430 thousand
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$240 thousand
  • Sewer systems$190 thousand
Running the government and other costs
22%$268 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$43 thousand
  • Government buildings$25 thousand
  • Central staff services (personnel, purchasing, technology)$10 thousand
Roads, transit and parking
19%$235 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$235 thousand
Health and hospitals
12%$153 thousand
What's in health and hospitalsPublic health
  • Public health$153 thousand
Police, fire, courts and jails
8.4%$104 thousand
What's in police, fire, courts and jailsPolice
  • Police$104 thousand
Parks, recreation and libraries
2.8%$35 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$35 thousand
Interest on debt
0.5%$6 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Elkton. 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 Elkton 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.