City government · Gratiot County, MI

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

In the latest recorded fiscal year (ended June 30, 2022), Ithaca took in $4.1 million and spent $4.5 million.

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

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Where it comes from

City taxes38%State tax money27%Fees for services (sewer, water)20%Fines and other9.0%Federal tax money6.3%

What stands out

37%

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

City taxes38%

Property tax
37%$1.5 million
Other taxes
1.2%$48 thousand
What's in other taxesOccupation and business licenses and other selective sales taxes
  • Occupation and business licenses$47 thousand
  • Other selective sales taxes$1 thousand

Amounts are by Census tax category.

Fees for services20%

Fees for services
20%$843 thousand
What's in fees for servicesSewer; water and 1 more
  • Sewer$353 thousand
  • Water$326 thousand
  • Other service charges$164 thousand

Amounts are by Census type of charge.

Federal tax money6.3%

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

From the federal government
6.3%$261 thousand

State tax money27%

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

From the state
27%$1.1 million

Fines and other9.0%

Interest, rents and other
7.4%$308 thousand
Fines
1.6%$66 thousand

Where it goes

Water, sewer, trash and utilities26%Running the government and other costs25%Police, fire, courts and jails15%Sent to other local governments12%Roads, transit and parking11%All other spending11%

What stands out

12%

of Ithaca's spending goes to local governments.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Water, sewer, trash and utilities
26%$1.2 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$1.1 million
  • Water supply$41 thousand
  • Garbage and solid waste$1 thousand
Running the government and other costs
25%$1.1 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
  • Other and not broken out$788 thousand
  • Central staff services (personnel, purchasing, technology)$177 thousand
  • Finance, tax collection and budgeting$124 thousand
  • Government buildings$36 thousand
Police, fire, courts and jails
15%$665 thousand
What's in police, fire, courts and jailsPolice; courts and legal services and 2 more
  • Police$474 thousand
  • Courts and legal services$93 thousand
  • Fire protection$92 thousand
  • Inspections and regulation$6 thousand
Sent to other local governments
12%$556 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out and sent to the state government
  • Sent to local governments: other and not broken out$553 thousand
  • Sent to the state government$3 thousand
Roads, transit and parking
11%$518 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$518 thousand
Parks, recreation and libraries
7.6%$345 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$235 thousand
  • Parks and recreation$110 thousand
Interest on debt
2.3%$106 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$56 thousand
  • Interest on general debt$50 thousand
Health and hospitals
1.1%$48 thousand
What's in health and hospitalsPublic health
  • Public health$48 thousand
Sources and moreWhere these numbers come from and what they cover

City of Ithaca. 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 City of Ithaca 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.