Village government · Phelps County, NE

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

In the latest recorded fiscal year (ended September 30, 2021), Loomis took in $894 thousand and spent $760 thousand.

Latest recorded year: ended September 30, 2021Comes fromGoes to

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Where it comes from

Fees for services (water)68%Village taxes22%State tax money6.3%Fines and other3.9%

What stands out

68%

of Loomis' money comes from fees for services such as water, sewer and parking.A typical U.S. city, town or village of under 10,000 people gets 35%.

Village taxes22%

Property tax
14%$122 thousand
Other taxes
4.8%$43 thousand
What's in other taxesOther licenses
  • Other licenses$43 thousand

Amounts are by Census tax category.

Sales tax
3.4%$30 thousand

Fees for services68%

Fees for services
68%$608 thousand
What's in fees for servicesWater and other service charges
  • Water$465 thousand
  • Other service charges$143 thousand

Amounts are by Census type of charge.

State tax money6.3%

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

From the state
6.3%$56 thousand

Fines and other3.9%

Interest, rents and other
3.9%$35 thousand

Where it goes

Water, sewer, trash and utilities41%Running the government and other costs39%Roads, transit and parking20%

What stands out

39%

of Loomis' spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Water, sewer, trash and utilities
41%$310 thousand
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$310 thousand
Running the government and other costs
39%$300 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 1 more
  • Central staff services (personnel, purchasing, technology)$156 thousand
  • Finance, tax collection and budgeting$120 thousand
  • Government buildings$24 thousand
Roads, transit and parking
20%$150 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$150 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Loomis. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended September 30, 2021. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Village of Loomis 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.