Village government · Oakland County, MI

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

In the latest recorded fiscal year (ended June 30, 2022), Milford took in $12.6 million and spent $14.5 million.

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

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Where it comes from

Fees for services (parking)54%Village taxes22%State tax money13%Fines and other9.5%County and local tax money0.9%Federal tax money<0.1%

What stands out

54%

of Milford's money comes from fees for services such as water, sewer and parking.A typical U.S. city, town or village of under 10,000 people gets 35%.

Village taxes22%

Property tax
22%$2.8 million
Other taxes
0.6%$82 thousand
What's in other taxesOccupation and business licenses
  • Occupation and business licenses$82 thousand

Amounts are by Census tax category.

Fees for services54%

Fees for services
54%$6.9 million
What's in fees for servicesOther service charges and parking
  • Other service charges$6.8 million
  • Parking$29 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%$10 thousand

State tax money13%

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

From the state
13%$1.6 million

County and local tax money0.9%

Money passed on by the county or other local governments.

From the county and other local governments
0.9%$114 thousand

Fines and other9.5%

Interest, rents and other
9.4%$1.2 million
Fines
<0.1%$6 thousand

Where it goes

Police, fire, courts and jails32%Roads, transit and parking28%Water, sewer, trash and utilities22%Running the government and other costs16%Interest on debt1.8%Parks, recreation and libraries0.2%

What stands out

32%

of Milford's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Police, fire, courts and jails
32%$4.6 million
What's in police, fire, courts and jailsPolice; inspections and regulation and 1 more
  • Police$4.4 million
  • Inspections and regulation$184 thousand
  • Courts and legal services$36 thousand
Roads, transit and parking
28%$4.0 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$4.0 million
Water, sewer, trash and utilities
22%$3.2 million
What's in water, sewer, trash and utilitiesSewer systems and water supply
  • Sewer systems$2.8 million
  • Water supply$422 thousand
Running the government and other costs
16%$2.3 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$1.8 million
  • Central staff services (personnel, purchasing, technology)$247 thousand
  • Finance, tax collection and budgeting$131 thousand
  • Government buildings$83 thousand
Interest on debt
1.8%$256 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$227 thousand
  • Interest on water supply debt$29 thousand
Parks, recreation and libraries
0.2%$28 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$28 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Milford. 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 Village of Milford 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.