Village government · Shiawassee County, MI

New Lothrop's money: where it comes from and where it goes

In the latest recorded fiscal year (ended February 28, 2022), New Lothrop took in $785 thousand and spent $727 thousand.

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

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Where it comes from

Fees for services (water, sewer)39%Village taxes30%State tax money21%County and local tax money7.5%Fines and other2.0%

What stands out

7.5%

of New Lothrop's money comes from county and other local tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

Village taxes30%

Property tax
30%$239 thousand

Fees for services39%

Fees for services
39%$310 thousand
What's in fees for servicesWater and sewer
  • Water$225 thousand
  • Sewer$85 thousand

Amounts are by Census type of charge.

State tax money21%

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

From the state
21%$161 thousand

County and local tax money7.5%

Money passed on by the county or other local governments.

From the county and other local governments
7.5%$59 thousand

Fines and other2.0%

Interest, rents and other
2.0%$16 thousand

Where it goes

Running the government and other costs39%Water, sewer, trash and utilities32%Roads, transit and parking14%Police, fire, courts and jails9.4%Interest on debt5.4%

What stands out

39%

of New Lothrop's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Running the government and other costs
39%$284 thousand
What's in running the government and other costsOther and not broken out; government buildings and 2 more
  • Other and not broken out$236 thousand
  • Government buildings$34 thousand
  • Central staff services (personnel, purchasing, technology)$10 thousand
  • Finance, tax collection and budgeting$4 thousand
Water, sewer, trash and utilities
32%$231 thousand
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$231 thousand
Roads, transit and parking
14%$105 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$105 thousand
Police, fire, courts and jails
9.4%$68 thousand
What's in police, fire, courts and jailsPolice
  • Police$68 thousand
Interest on debt
5.4%$39 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$20 thousand
  • Interest on general debt$19 thousand
Sources and moreWhere these numbers come from and what they cover

Village of New Lothrop. 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 New Lothrop 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.