Town government · Fulton County, NY

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

In the latest recorded fiscal year (ended December 31, 2021), Broadalbin took in $2.6 million and spent $1.8 million.

Latest recorded year: ended December 31, 2021Comes fromGoes to

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Where it comes from

County and local tax money45%Town taxes42%State tax money7.5%Fines and other3.1%Fees for services (garbage collection, water)2.5%

What stands out

45%

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

Town taxes42%

Property tax
33%$873 thousand
Other taxes
8.9%$234 thousand
What's in other taxesOther licenses; occupation and business licenses and 1 more
  • Other licenses$167 thousand
  • Occupation and business licenses$59 thousand
  • Other taxes not classified elsewhere$8 thousand

Amounts are by Census tax category.

Fees for services2.5%

Fees for services
2.5%$65 thousand
What's in fees for servicesGarbage collection; other service charges and 1 more
  • Garbage collection$39 thousand
  • Other service charges$21 thousand
  • Water$5 thousand

Amounts are by Census type of charge.

State tax money7.5%

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

From the state
7.5%$197 thousand

County and local tax money45%

Money passed on by the county or other local governments.

From the county and other local governments
45%$1.2 million

Fines and other3.1%

Interest, rents and other
2.0%$53 thousand
Fines
1.1%$29 thousand

Where it goes

Roads, transit and parking50%Running the government and other costs25%Police, fire, courts and jails12%Water, sewer, trash and utilities7.6%Interest on debt2.7%All other spending2.1%

What stands out

7.6%

of Broadalbin's spending goes to water, sewer, trash and other utilities.Most U.S. townships and towns of under 10,000 people spend nothing on this.

Spending by category100%

Roads, transit and parking
50%$911 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$911 thousand
Running the government and other costs
25%$451 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$278 thousand
  • Finance, tax collection and budgeting$66 thousand
  • Central staff services (personnel, purchasing, technology)$65 thousand
  • Government buildings$42 thousand
Police, fire, courts and jails
12%$218 thousand
What's in police, fire, courts and jailsFire protection; courts and legal services and 1 more
  • Fire protection$141 thousand
  • Courts and legal services$76 thousand
  • Police$1 thousand
Water, sewer, trash and utilities
7.6%$138 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste and water supply
  • Garbage and solid waste$129 thousand
  • Water supply$9 thousand
Interest on debt
2.7%$48 thousand
Parks, recreation and libraries
1.5%$27 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$25 thousand
  • Libraries$2 thousand
Health and hospitals
0.6%$10 thousand
What's in health and hospitalsPublic health
  • Public health$10 thousand
Social services
<0.1%$1 thousand
What's in social servicesOther public welfare
  • Other public welfare$1 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Broadalbin. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Broadalbin 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.