Village government · Boyd County, NE

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

In the latest recorded fiscal year (ended September 30, 2021), Spencer took in $2.5 million and spent $1.6 million.

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

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Where it comes from

Fees for services (electric power, water)73%Village taxes14%State tax money8.0%Fines and other5.4%

What stands out

73%

of Spencer's 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 taxes14%

Other taxes
7.6%$193 thousand
What's in other taxesOther licenses
  • Other licenses$193 thousand

Amounts are by Census tax category.

Property tax
3.1%$78 thousand
Sales tax
2.9%$73 thousand

Fees for services73%

Fees for services
73%$1.8 million
What's in fees for servicesElectric power; other service charges and 5 more
  • Electric power$908 thousand
  • Other service charges$646 thousand
  • Water$137 thousand
  • Sewer$102 thousand
  • Garbage collection$27 thousand
  • Gas$15 thousand
  • Parks and recreation$9 thousand

Amounts are by Census type of charge.

State tax money8.0%

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

From the state
8.0%$201 thousand

Fines and other5.4%

Interest, rents and other
5.4%$137 thousand

Where it goes

Water, sewer, trash and utilities70%Roads, transit and parking16%Parks, recreation and libraries7.0%Running the government and other costs5.4%Interest on debt1.0%Police, fire, courts and jails1.0%

What stands out

70%

of Spencer'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%$1.1 million
What's in water, sewer, trash and utilitiesElectric power; water supply and 3 more
  • Electric power$828 thousand
  • Water supply$138 thousand
  • Sewer systems$63 thousand
  • Garbage and solid waste$36 thousand
  • Gas supply$13 thousand
Roads, transit and parking
16%$249 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$249 thousand
Parks, recreation and libraries
7.0%$108 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$81 thousand
  • Libraries$27 thousand
Running the government and other costs
5.4%$84 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)$29 thousand
  • Other and not broken out$27 thousand
  • Finance, tax collection and budgeting$23 thousand
  • Government buildings$5 thousand
Interest on debt
1.0%$16 thousand
Police, fire, courts and jails
1.0%$15 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$9 thousand
  • Fire protection$6 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Spencer. 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 Spencer 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.