Village government · Montcalm County, MI

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

In the latest recorded fiscal year (ended March 31, 2022), Sheridan took in $723 thousand and spent $1.5 million.

Latest recorded year: ended March 31, 2022Comes fromGoes to

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Where it comes from

Fees for services (water, sewer)34%State tax money29%Village taxes24%Fines and other11%Federal tax money2.1%County and local tax money0.6%

What stands out

29%

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

Village taxes24%

Property tax
24%$177 thousand

Fees for services34%

Fees for services
34%$243 thousand
What's in fees for servicesWater; sewer and 1 more
  • Water$158 thousand
  • Sewer$70 thousand
  • Other service charges$15 thousand

Amounts are by Census type of charge.

Federal tax money2.1%

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

From the federal government
2.1%$15 thousand

State tax money29%

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

From the state
29%$208 thousand

County and local tax money0.6%

Money passed on by the county or other local governments.

From the county and other local governments
0.6%$4 thousand

Fines and other11%

Interest, rents and other
11%$76 thousand

Where it goes

Water, sewer, trash and utilities70%Roads, transit and parking14%Running the government and other costs7.2%Police, fire, courts and jails4.3%Parks, recreation and libraries2.5%All other spending2.2%

What stands out

70%

of Sheridan's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
70%$1.0 million
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$1.0 million
Roads, transit and parking
14%$204 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$204 thousand
Running the government and other costs
7.2%$105 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 2 more
  • Central staff services (personnel, purchasing, technology)$43 thousand
  • Other and not broken out$29 thousand
  • Finance, tax collection and budgeting$20 thousand
  • Government buildings$13 thousand
Police, fire, courts and jails
4.3%$63 thousand
What's in police, fire, courts and jailsFire protection and courts and legal services
  • Fire protection$59 thousand
  • Courts and legal services$4 thousand
Parks, recreation and libraries
2.5%$36 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$36 thousand
Interest on debt
1.9%$28 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$18 thousand
  • Interest on water supply debt$10 thousand
Sent to other local governments
0.3%$4 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$4 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Sheridan. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended March 31, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Village of Sheridan 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.