Village government · Tuscola County, MI

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

In the latest recorded fiscal year (ended March 31, 2022), Gagetown took in $409 thousand and spent $325 thousand.

Latest recorded year: ended March 31, 2022Comes fromGoes to

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Where it comes from

Fees for services (water, sewer)38%State tax money35%Village taxes26%Fines and other1.2%

What stands out

35%

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

Village taxes26%

Property tax
26%$105 thousand
Other taxes
0.2%$1 thousand
What's in other taxesOther licenses
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services38%

Fees for services
38%$156 thousand
What's in fees for servicesOther service charges; water and 1 more
  • Other service charges$79 thousand
  • Water$60 thousand
  • Sewer$17 thousand

Amounts are by Census type of charge.

State tax money35%

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

From the state
35%$142 thousand

Fines and other1.2%

Interest, rents and other
1.2%$5 thousand

Where it goes

Roads, transit and parking38%Running the government and other costs26%Water, sewer, trash and utilities17%Police, fire, courts and jails10%Interest on debt5.5%Parks, recreation and libraries2.8%

What stands out

38%

of Gagetown's spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.

Spending by category100%

Roads, transit and parking
38%$125 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$125 thousand
Running the government and other costs
26%$86 thousand
What's in running the government and other costsGovernment buildings; finance, tax collection and budgeting and 2 more
  • Government buildings$34 thousand
  • Finance, tax collection and budgeting$24 thousand
  • Central staff services (personnel, purchasing, technology)$24 thousand
  • Other and not broken out$4 thousand
Water, sewer, trash and utilities
17%$54 thousand
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$54 thousand
Police, fire, courts and jails
10%$33 thousand
What's in police, fire, courts and jailsPolice
  • Police$33 thousand
Interest on debt
5.5%$18 thousand
Parks, recreation and libraries
2.8%$9 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$9 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Gagetown. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended March 31, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Village of Gagetown 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.