Village government · Branch County, MI

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

In the latest recorded fiscal year (ended March 31, 2022), Sherwood took in $151 thousand and spent $205 thousand.

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

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Where it comes from

State tax money72%Village taxes19%Fines and other8.6%Fees for services0.7%

What stands out

72%

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

Village taxes19%

Property tax
19%$28 thousand
Other taxes
0.7%$1 thousand
What's in other taxesOccupation and business licenses
  • Occupation and business licenses$1 thousand

Amounts are by Census tax category.

Fees for services0.7%

Fees for services
0.7%$1 thousand
What's in fees for servicesOther service charges
  • Other service charges$1 thousand

Amounts are by Census type of charge.

State tax money72%

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

From the state
72%$108 thousand

Fines and other8.6%

Interest, rents and other
8.6%$13 thousand

Where it goes

Roads, transit and parking70%Running the government and other costs26%Parks, recreation and libraries2.4%Water, sewer, trash and utilities1.0%

What stands out

70%

of Sherwood'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
70%$144 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$144 thousand
Running the government and other costs
26%$54 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 1 more
  • Central staff services (personnel, purchasing, technology)$30 thousand
  • Other and not broken out$21 thousand
  • Finance, tax collection and budgeting$3 thousand
Parks, recreation and libraries
2.4%$5 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$5 thousand
Water, sewer, trash and utilities
1.0%$2 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$2 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Sherwood. 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 Sherwood 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.