Village government · Putnam County, NY

Cold Spring's money: where it comes from and where it goes

In the latest recorded fiscal year (ended May 31, 2022), Cold Spring took in $3.5 million and spent $3.0 million.

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

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Where it comes from

Village taxes55%Fees for services (water, sewer)35%Fines and other4.4%Federal tax money2.8%County and local tax money2.3%State tax money0.3%

What stands out

51%

of Cold Spring's money comes from property tax.A typical U.S. city, town or village of under 10,000 people gets 15%.

Village taxes55%

Property tax
51%$1.8 million
Other taxes
4.7%$166 thousand
What's in other taxesOther licenses and public utility taxes
  • Other licenses$120 thousand
  • Public utility taxes$46 thousand

Amounts are by Census tax category.

Fees for services35%

Fees for services
35%$1.2 million
What's in fees for servicesWater; sewer and 4 more
  • Water$599 thousand
  • Sewer$556 thousand
  • Parking$39 thousand
  • Other service charges$20 thousand
  • Parks and recreation$9 thousand
  • Garbage collection$8 thousand

Amounts are by Census type of charge.

Federal tax money2.8%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
2.8%$100 thousand

State tax money0.3%

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

From the state
0.3%$9 thousand

County and local tax money2.3%

Money passed on by the county or other local governments.

From the county and other local governments
2.3%$80 thousand

Fines and other4.4%

Interest, rents and other
2.8%$98 thousand
Fines
1.6%$58 thousand

Where it goes

Water, sewer, trash and utilities32%Running the government and other costs32%Police, fire, courts and jails26%Roads, transit and parking9.2%Interest on debt0.8%All other spending0.8%

What stands out

26%

of Cold Spring's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Water, sewer, trash and utilities
32%$972 thousand
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$411 thousand
  • Sewer systems$350 thousand
  • Garbage and solid waste$211 thousand
Running the government and other costs
32%$966 thousand
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
  • Other and not broken out$669 thousand
  • Central staff services (personnel, purchasing, technology)$150 thousand
  • Finance, tax collection and budgeting$77 thousand
  • Government buildings$70 thousand
Police, fire, courts and jails
26%$783 thousand
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$504 thousand
  • Fire protection$151 thousand
  • Courts and legal services$110 thousand
  • Inspections and regulation$18 thousand
Roads, transit and parking
9.2%$279 thousand
What's in roads, transit and parkingRoads and highways and parking
  • Roads and highways$273 thousand
  • Parking$6 thousand
Interest on debt
0.8%$23 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$19 thousand
  • Interest on water supply debt$4 thousand
Parks, recreation and libraries
0.6%$18 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$18 thousand
Environment and natural resources
0.1%$4 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$4 thousand
Health and hospitals
<0.1%$2 thousand
What's in health and hospitalsPublic health
  • Public health$2 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Cold Spring. 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 Cold Spring 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.