Town government · Wyoming County, NY

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

In the latest recorded fiscal year (ended December 31, 2021), Covington took in $998 thousand and spent $2.8 million.

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

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Where it comes from

Town taxes68%State tax money17%County and local tax money6.0%Fines and other4.8%Fees for services4.0%

What stands out

6%

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

Town taxes68%

Property tax
65%$652 thousand
Other taxes
2.6%$26 thousand
What's in other taxesOther licenses and public utility taxes
  • Other licenses$17 thousand
  • Public utility taxes$9 thousand

Amounts are by Census tax category.

Fees for services4.0%

Fees for services
4.0%$40 thousand
What's in fees for servicesOther service charges
  • Other service charges$40 thousand

Amounts are by Census type of charge.

State tax money17%

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

From the state
17%$172 thousand

County and local tax money6.0%

Money passed on by the county or other local governments.

From the county and other local governments
6.0%$60 thousand

Fines and other4.8%

Fines
2.8%$28 thousand
Interest, rents and other
2.0%$20 thousand

Where it goes

Water, sewer, trash and utilities66%Roads, transit and parking20%Running the government and other costs6.9%Police, fire, courts and jails5.5%Interest on debt1.0%Parks, recreation and libraries0.1%

What stands out

66%

of Covington'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%

Water, sewer, trash and utilities
66%$1.9 million
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$1.9 million
Roads, transit and parking
20%$571 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$571 thousand
Running the government and other costs
6.9%$193 thousand
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 3 more
  • Other and not broken out$124 thousand
  • Finance, tax collection and budgeting$32 thousand
  • Central staff services (personnel, purchasing, technology)$19 thousand
  • Government buildings$17 thousand
  • Other government-run businesses$1 thousand
Police, fire, courts and jails
5.5%$154 thousand
What's in police, fire, courts and jailsFire protection; courts and legal services and 1 more
  • Fire protection$111 thousand
  • Courts and legal services$31 thousand
  • Police$12 thousand
Interest on debt
1.0%$29 thousand
Parks, recreation and libraries
0.1%$3 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$2 thousand
  • Libraries$1 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Covington. 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 Covington 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.