Village government · Broome County, NY

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

In the latest recorded fiscal year (ended February 28, 2022), Deposit took in $2.5 million and spent $1.9 million.

Latest recorded year: ended February 28, 2022Comes fromGoes to

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Where it comes from

Fees for services (sewer, water)34%Village taxes27%Fines and other15%County and local tax money12%State tax money9.2%Federal tax money3.1%

What stands out

12%

of Deposit'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 taxes27%

Property tax
26%$651 thousand
Other taxes
1.0%$26 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$19 thousand
  • Other licenses$7 thousand

Amounts are by Census tax category.

Fees for services34%

Fees for services
34%$857 thousand
What's in fees for servicesSewer; water and 1 more
  • Sewer$492 thousand
  • Water$330 thousand
  • Other service charges$35 thousand

Amounts are by Census type of charge.

Federal tax money3.1%

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

From the federal government
3.1%$78 thousand

State tax money9.2%

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

From the state
9.2%$231 thousand

County and local tax money12%

Money passed on by the county or other local governments.

From the county and other local governments
12%$294 thousand

Fines and other15%

Interest, rents and other
14%$357 thousand
Fines
0.2%$6 thousand

Where it goes

Water, sewer, trash and utilities35%Running the government and other costs22%Roads, transit and parking21%Police, fire, courts and jails12%Interest on debt5.7%All other spending4.8%

What stands out

21%

of Deposit's spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.

Spending by category100%

Water, sewer, trash and utilities
35%$666 thousand
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$343 thousand
  • Water supply$309 thousand
  • Garbage and solid waste$14 thousand
Running the government and other costs
22%$413 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$216 thousand
  • Central staff services (personnel, purchasing, technology)$83 thousand
  • Finance, tax collection and budgeting$71 thousand
  • Government buildings$43 thousand
Roads, transit and parking
21%$410 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$410 thousand
Police, fire, courts and jails
12%$229 thousand
What's in police, fire, courts and jailsFire protection; police and 2 more
  • Fire protection$113 thousand
  • Police$77 thousand
  • Courts and legal services$20 thousand
  • Inspections and regulation$19 thousand
Interest on debt
5.7%$109 thousand
Health and hospitals
2.4%$47 thousand
What's in health and hospitalsPublic health
  • Public health$47 thousand
Parks, recreation and libraries
1.9%$37 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$37 thousand
Housing and community development
0.4%$8 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Deposit. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended February 28, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Village of Deposit 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.