Village government · Ogemaw County, MI

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

In the latest recorded fiscal year (ended June 30, 2022), Prescott took in $356 thousand and spent $402 thousand.

Latest recorded year: ended June 30, 2022Estimated by the U.S. Census BureauComes fromGoes to

See every government that serves your ZIP

Where it comes from

Fees for services (sewer)57%State tax money33%Village taxes9.3%Fines and other0.6%

What stands out

33%

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

Village taxes9.3%

Property tax
9.3%$33 thousand

Fees for services57%

Fees for services
57%$204 thousand
What's in fees for servicesSewer and other service charges
  • Sewer$184 thousand
  • Other service charges$20 thousand

Amounts are by Census type of charge.

State tax money33%

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

From the state
33%$117 thousand

Fines and other0.6%

Interest, rents and other
0.6%$2 thousand

Where it goes

Roads, transit and parking43%Water, sewer, trash and utilities37%Running the government and other costs14%Interest on debt3.7%Parks, recreation and libraries1.7%

What stands out

43%

of Prescott'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
43%$174 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$174 thousand
Water, sewer, trash and utilities
37%$149 thousand
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
  • Sewer systems$133 thousand
  • Garbage and solid waste$16 thousand
Running the government and other costs
14%$57 thousand
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 2 more
  • Other and not broken out$25 thousand
  • Finance, tax collection and budgeting$20 thousand
  • Central staff services (personnel, purchasing, technology)$9 thousand
  • Government buildings$3 thousand
Interest on debt
3.7%$15 thousand
Parks, recreation and libraries
1.7%$7 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$5 thousand
  • Parks and recreation$2 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Prescott. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Village of Prescott 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.