Village government · Benzie County, MI

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

In the latest recorded fiscal year (ended March 31, 2022), Thompsonville took in $690 thousand and spent $540 thousand.

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

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Where it comes from

Fees for services (water, parks and recreation)54%State tax money25%Village taxes9.3%Fines and other8.4%Federal tax money3.5%

What stands out

25%

of Thompsonville'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
7.0%$48 thousand
Other taxes
2.3%$16 thousand
What's in other taxesOther licenses
  • Other licenses$16 thousand

Amounts are by Census tax category.

Fees for services54%

Fees for services
54%$371 thousand
What's in fees for servicesOther service charges; water and 1 more
  • Other service charges$255 thousand
  • Water$107 thousand
  • Parks and recreation$9 thousand

Amounts are by Census type of charge.

Federal tax money3.5%

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

From the federal government
3.5%$24 thousand

State tax money25%

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

From the state
25%$173 thousand

Fines and other8.4%

Interest, rents and other
8.4%$58 thousand

Where it goes

Roads, transit and parking34%Health and hospitals18%Water, sewer, trash and utilities16%Running the government and other costs13%Police, fire, courts and jails12%All other spending7.2%

What stands out

18%

of Thompsonville's spending goes to health services and hospitals.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Roads, transit and parking
34%$181 thousand
What's in roads, transit and parkingRoads and highways and airports
  • Roads and highways$174 thousand
  • Airports$7 thousand
Health and hospitals
18%$98 thousand
What's in health and hospitalsPublic health
  • Public health$98 thousand
Water, sewer, trash and utilities
16%$87 thousand
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$87 thousand
Running the government and other costs
13%$72 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)$32 thousand
  • Other and not broken out$27 thousand
  • Government buildings$7 thousand
  • Finance, tax collection and budgeting$6 thousand
Police, fire, courts and jails
12%$63 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$63 thousand
Parks, recreation and libraries
3.7%$20 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$20 thousand
Interest on debt
3.5%$19 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Thompsonville. 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 Thompsonville 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.