Village government · Erie County, NY

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

In the latest recorded fiscal year (ended May 31, 2022), Akron took in $8.4 million and spent $7.2 million.

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

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Where it comes from

Fees for services (electric power, water)55%State tax money22%Village taxes14%County and local tax money6.6%Fines and other1.9%

What stands out

6.6%

of Akron's money comes from county and other local tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

Village taxes14%

Property tax
13%$1.1 million
Other taxes
1.4%$116 thousand
What's in other taxesOther licenses and public utility taxes
  • Other licenses$69 thousand
  • Public utility taxes$47 thousand

Amounts are by Census tax category.

Fees for services55%

Fees for services
55%$4.6 million
What's in fees for servicesElectric power; water and 3 more
  • Electric power$2.9 million
  • Water$887 thousand
  • Sewer$635 thousand
  • Other service charges$203 thousand
  • Parks and recreation$2 thousand

Amounts are by Census type of charge.

State tax money22%

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

From the state
22%$1.9 million

County and local tax money6.6%

Money passed on by the county or other local governments.

From the county and other local governments
6.6%$551 thousand

Fines and other1.9%

Interest, rents and other
1.7%$141 thousand
Fines
0.2%$20 thousand

Where it goes

Water, sewer, trash and utilities75%Police, fire, courts and jails8.8%Roads, transit and parking6.5%Running the government and other costs6.2%Interest on debt1.7%All other spending1.7%

What stands out

75%

of Akron'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
75%$5.4 million
What's in water, sewer, trash and utilitiesElectric power; sewer systems and 2 more
  • Electric power$2.8 million
  • Sewer systems$1.7 million
  • Water supply$561 thousand
  • Garbage and solid waste$311 thousand
Police, fire, courts and jails
8.8%$634 thousand
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$285 thousand
  • Fire protection$271 thousand
  • Inspections and regulation$71 thousand
  • Courts and legal services$7 thousand
Roads, transit and parking
6.5%$466 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$466 thousand
Running the government and other costs
6.2%$449 thousand
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 2 more
  • Other and not broken out$268 thousand
  • Finance, tax collection and budgeting$134 thousand
  • Government buildings$35 thousand
  • Central staff services (personnel, purchasing, technology)$12 thousand
Interest on debt
1.7%$125 thousand
Sent to other local governments
1.6%$117 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$117 thousand
Parks, recreation and libraries
<0.1%$6 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$6 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Akron. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended May 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 Akron 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.