Village government · Lincoln County, NE

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

In the latest recorded fiscal year (ended September 30, 2021), Wallace took in $543 thousand and spent $539 thousand.

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

See every government that serves your ZIP

Where it comes from

Fees for services (garbage collection, water)50%Village taxes29%State tax money15%Fines and other6.4%

What stands out

10%

of Wallace's money comes from taxes other than property, sales and income taxes.A typical U.S. city, town or village of under 10,000 people gets 2.5%.

Village taxes29%

Property tax
19%$105 thousand
Other taxes
9.6%$52 thousand
What's in other taxesOther licenses
  • Other licenses$52 thousand

Amounts are by Census tax category.

Fees for services50%

Fees for services
50%$271 thousand
What's in fees for servicesOther service charges; garbage collection and 4 more
  • Other service charges$173 thousand
  • Garbage collection$35 thousand
  • Water$31 thousand
  • Sewer$27 thousand
  • Parks and recreation$4 thousand
  • Airport$1 thousand

Amounts are by Census type of charge.

State tax money15%

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

From the state
15%$80 thousand

Fines and other6.4%

Interest, rents and other
6.4%$35 thousand

Where it goes

Running the government and other costs56%Roads, transit and parking17%Water, sewer, trash and utilities17%Parks, recreation and libraries6.1%Interest on debt2.8%Police, fire, courts and jails1.9%

What stands out

56%

of Wallace's 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%

Running the government and other costs
56%$301 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)$157 thousand
  • Finance, tax collection and budgeting$120 thousand
  • Government buildings$24 thousand
Roads, transit and parking
17%$91 thousand
What's in roads, transit and parkingRoads and highways and airports
  • Roads and highways$89 thousand
  • Airports$2 thousand
Water, sewer, trash and utilities
17%$89 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste; water supply and 1 more
  • Garbage and solid waste$47 thousand
  • Water supply$26 thousand
  • Sewer systems$16 thousand
Parks, recreation and libraries
6.1%$33 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$25 thousand
  • Libraries$8 thousand
Interest on debt
2.8%$15 thousand
Police, fire, courts and jails
1.9%$10 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$6 thousand
  • Fire protection$4 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Wallace. 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 Wallace 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.