Village government · Menominee County, MI

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

In the latest recorded fiscal year (ended February 28, 2024), Powers took in $408 thousand and spent $405 thousand.

Latest recorded year: ended February 28, 2024Comes fromGoes to

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Where it comes from

Fees for services (sewer)43%State tax money36%Federal tax money12%Village taxes4.9%Fines and other4.4%

What stands out

12%

of Powers' money comes from federal tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

Village taxes4.9%

Property tax
4.9%$20 thousand

Fees for services43%

Fees for services
43%$176 thousand
What's in fees for servicesSewer
  • Sewer$176 thousand

Amounts are by Census type of charge.

Federal tax money12%

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

From the federal government
12%$47 thousand

State tax money36%

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

From the state
36%$147 thousand

Fines and other4.4%

Interest, rents and other
4.4%$18 thousand

Where it goes

Water, sewer, trash and utilities51%Roads, transit and parking29%Running the government and other costs17%Interest on debt3.7%

What stands out

29%

of Powers' 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%

Water, sewer, trash and utilities
51%$205 thousand
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$205 thousand
Roads, transit and parking
29%$116 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$116 thousand
Running the government and other costs
17%$69 thousand
What's in running the government and other costsOther and not broken out; government buildings and 2 more
  • Other and not broken out$26 thousand
  • Government buildings$20 thousand
  • Central staff services (personnel, purchasing, technology)$19 thousand
  • Finance, tax collection and budgeting$4 thousand
Interest on debt
3.7%$15 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Powers. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended February 28, 2024.

What this covers. The money of Village of Powers 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.