Town government · Steuben County, NY

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

In the latest recorded fiscal year (ended December 31, 2021), Corning took in $3.1 million and spent $2.7 million.

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

See every government that serves your ZIP

Where it comes from

Town taxes67%County and local tax money12%State tax money8.3%Fees for services (water)7.6%Fines and other5.4%

What stands out

12%

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

Town taxes67%

Property tax
62%$1.9 million
Other taxes
5.4%$167 thousand
What's in other taxesOther licenses; other taxes not classified elsewhere and 1 more
  • Other licenses$144 thousand
  • Other taxes not classified elsewhere$13 thousand
  • Public utility taxes$10 thousand

Amounts are by Census tax category.

Fees for services7.6%

Fees for services
7.6%$237 thousand
What's in fees for servicesWater and other service charges
  • Water$195 thousand
  • Other service charges$42 thousand

Amounts are by Census type of charge.

State tax money8.3%

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

From the state
8.3%$260 thousand

County and local tax money12%

Money passed on by the county or other local governments.

From the county and other local governments
12%$361 thousand

Fines and other5.4%

Interest, rents and other
3.9%$122 thousand
Fines
1.4%$45 thousand

Where it goes

Roads, transit and parking41%Running the government and other costs35%Interest on debt10%Water, sewer, trash and utilities7.0%Police, fire, courts and jails5.9%Health and hospitals1.8%

What stands out

10%

of Corning's spending goes to interest on debt.Most U.S. townships and towns of under 10,000 people spend nothing on this.

Spending by category100%

Roads, transit and parking
41%$1.1 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.1 million
Running the government and other costs
35%$946 thousand
What's in running the government and other costsOther and not broken out; government buildings and 2 more
  • Other and not broken out$540 thousand
  • Government buildings$153 thousand
  • Finance, tax collection and budgeting$127 thousand
  • Central staff services (personnel, purchasing, technology)$126 thousand
Interest on debt
10%$279 thousand
Water, sewer, trash and utilities
7.0%$191 thousand
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$191 thousand
Police, fire, courts and jails
5.9%$161 thousand
What's in police, fire, courts and jailsCourts and legal services; inspections and regulation and 1 more
  • Courts and legal services$100 thousand
  • Inspections and regulation$60 thousand
  • Police$1 thousand
Health and hospitals
1.8%$50 thousand
What's in health and hospitalsPublic health
  • Public health$50 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Corning. 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 Corning 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.