Village government · Presque Isle County, MI

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

In the latest recorded fiscal year (ended December 31, 2021), Posen took in $187 thousand and spent $182 thousand.

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

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Where it comes from

State tax money43%Fees for services27%Fines and other19%Village taxes11%

What stands out

43%

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

Village taxes11%

Property tax
11%$21 thousand

Fees for services27%

Fees for services
27%$50 thousand
What's in fees for servicesOther service charges
  • Other service charges$50 thousand

Amounts are by Census type of charge.

State tax money43%

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

From the state
43%$80 thousand

Fines and other19%

Interest, rents and other
19%$36 thousand

Where it goes

Roads, transit and parking35%Running the government and other costs31%Water, sewer, trash and utilities24%Interest on debt9.3%Parks, recreation and libraries0.5%

What stands out

35%

of Posen'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
35%$64 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$64 thousand
Running the government and other costs
31%$56 thousand
What's in running the government and other costsOther and not broken out; government buildings and 2 more
  • Other and not broken out$28 thousand
  • Government buildings$13 thousand
  • Central staff services (personnel, purchasing, technology)$12 thousand
  • Finance, tax collection and budgeting$3 thousand
Water, sewer, trash and utilities
24%$44 thousand
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$44 thousand
Interest on debt
9.3%$17 thousand
Parks, recreation and libraries
0.5%$1 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Posen. 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 Posen 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.