City government · Wayne County, MI

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

In the latest recorded fiscal year (ended June 30, 2024), Rockwood took in $5.0 million and spent $5.2 million.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

City taxes40%Fees for services (water, sewer)28%State tax money17%Fines and other10%Federal tax money4.1%County and local tax money0.1%

What stands out

38%

of Rockwood's money comes from property tax.A typical U.S. city, town or village of under 10,000 people gets 15%.

City taxes40%

Property tax
38%$1.9 million
Other taxes
1.5%$74 thousand
What's in other taxesOccupation and business licenses
  • Occupation and business licenses$74 thousand

Amounts are by Census tax category.

Fees for services28%

Fees for services
28%$1.4 million
What's in fees for servicesWater; sewer and 3 more
  • Water$443 thousand
  • Sewer$373 thousand
  • Garbage collection$340 thousand
  • Housing$220 thousand
  • Other service charges$17 thousand

Amounts are by Census type of charge.

Federal tax money4.1%

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

From the federal government
4.1%$201 thousand

State tax money17%

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

From the state
17%$868 thousand

County and local tax money0.1%

Money passed on by the county or other local governments.

From the county and other local governments
0.1%$6 thousand

Fines and other10%

Interest, rents and other
7.6%$377 thousand
Fines
2.8%$137 thousand

Where it goes

Running the government and other costs35%Police, fire, courts and jails25%Water, sewer, trash and utilities15%Housing and community development13%Roads, transit and parking8.7%All other spending2.4%

What stands out

13%

of Rockwood's spending goes to housing and community development.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Running the government and other costs
35%$1.8 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$1.4 million
  • Central staff services (personnel, purchasing, technology)$322 thousand
  • Government buildings$76 thousand
  • Finance, tax collection and budgeting$31 thousand
Police, fire, courts and jails
25%$1.3 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$949 thousand
  • Fire protection$168 thousand
  • Courts and legal services$154 thousand
  • Inspections and regulation$54 thousand
Water, sewer, trash and utilities
15%$796 thousand
What's in water, sewer, trash and utilitiesSewer systems and water supply
  • Sewer systems$722 thousand
  • Water supply$74 thousand
Housing and community development
13%$676 thousand
Roads, transit and parking
8.7%$451 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$451 thousand
Parks, recreation and libraries
1.1%$59 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$59 thousand
Interest on debt
1.0%$54 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$49 thousand
  • Interest on general debt$5 thousand
Sent to other local governments
0.3%$14 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$14 thousand
Sources and moreWhere these numbers come from and what they cover

City of Rockwood. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of City of Rockwood 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.