Village government · Osceola County, MI

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

In the latest recorded fiscal year (ended December 31, 2021), Hersey took in $235 thousand and spent $131 thousand.

Latest recorded year: ended December 31, 2021Comes fromGoes to

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Where it comes from

State tax money52%Village taxes24%Fees for services (parks and recreation)23%Fines and other0.4%

What stands out

52%

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

Village taxes24%

Property tax
24%$57 thousand

Fees for services23%

Fees for services
23%$55 thousand
What's in fees for servicesParks and recreation and other service charges
  • Parks and recreation$52 thousand
  • Other service charges$3 thousand

Amounts are by Census type of charge.

State tax money52%

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

From the state
52%$122 thousand

Fines and other0.4%

Interest, rents and other
0.4%$1 thousand

Where it goes

Roads, transit and parking70%Running the government and other costs28%Interest on debt1.5%

What stands out

70%

of Hersey'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
70%$92 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$92 thousand
Running the government and other costs
28%$37 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 2 more
  • Central staff services (personnel, purchasing, technology)$25 thousand
  • Other and not broken out$6 thousand
  • Finance, tax collection and budgeting$5 thousand
  • Government buildings$1 thousand
Interest on debt
1.5%$2 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Hersey. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Village of Hersey 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.