Village government · Clare County, MI

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

In the latest recorded fiscal year (ended February 28, 2022), Farwell took in $1.3 million and spent $1.2 million.

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

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Where it comes from

Fees for services (sewer, water)33%State tax money29%Village taxes21%Fines and other16%

What stands out

29%

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

Village taxes21%

Property tax
20%$263 thousand
Other taxes
1.7%$22 thousand
What's in other taxesOther licenses
  • Other licenses$22 thousand

Amounts are by Census tax category.

Fees for services33%

Fees for services
33%$445 thousand
What's in fees for servicesSewer; water and 1 more
  • Sewer$235 thousand
  • Water$181 thousand
  • Other service charges$29 thousand

Amounts are by Census type of charge.

State tax money29%

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

From the state
29%$390 thousand

Fines and other16%

Interest, rents and other
16%$208 thousand
Fines
0.2%$2 thousand

Where it goes

Water, sewer, trash and utilities40%Running the government and other costs29%Roads, transit and parking19%Interest on debt8.2%Parks, recreation and libraries3.4%

What stands out

8.2%

of Farwell'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
40%$468 thousand
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
  • Sewer systems$263 thousand
  • Garbage and solid waste$205 thousand
Running the government and other costs
29%$334 thousand
What's in running the government and other costsOther and not broken out and central staff services (personnel, purchasing, technology)
  • Other and not broken out$210 thousand
  • Central staff services (personnel, purchasing, technology)$124 thousand
Roads, transit and parking
19%$225 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$225 thousand
Interest on debt
8.2%$95 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$66 thousand
  • Interest on general debt$29 thousand
Parks, recreation and libraries
3.4%$39 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$39 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Farwell. 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 Farwell 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.