Village government · Nassau County, NY

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

In the latest recorded fiscal year (ended February 28, 2024), Freeport took in $131 million and spent $123 million.

Latest recorded year: ended February 28, 2024Comes fromGoes to

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Where it comes from

Fees for services (electric power, water)42%Village taxes36%Fines and other18%State tax money2.7%Federal tax money0.8%

What stands out

15%

of Freeport's money comes from interest, rents and other revenue.A typical U.S. city of 10,000 to 50,000 people gets 4.9%.

Village taxes36%

Property tax
33%$43.8 million
Other taxes
2.4%$3.1 million
What's in other taxesOther licenses; public utility taxes and 1 more
  • Other licenses$1.9 million
  • Public utility taxes$1.0 million
  • Occupation and business licenses$194 thousand

Amounts are by Census tax category.

Fees for services42%

Fees for services
42%$55.3 million
What's in fees for servicesElectric power; water and 5 more
  • Electric power$38.9 million
  • Water$6.9 million
  • Garbage collection$5.2 million
  • Parks and recreation$2.7 million
  • Other service charges$724 thousand
  • Parking$437 thousand
  • Sewer$402 thousand

Amounts are by Census type of charge.

Federal tax money0.8%

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

From the federal government
0.8%$1.1 million

State tax money2.7%

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

From the state
2.7%$3.6 million

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments
<0.1%$65 thousand

Fines and other18%

Interest, rents and other
15%$19.7 million
Fines
3.5%$4.6 million

Where it goes

Water, sewer, trash and utilities37%Running the government and other costs30%Police, fire, courts and jails23%Parks, recreation and libraries3.8%Interest on debt3.2%All other spending3.2%

What stands out

30%

of Freeport's spending goes to running the government and other costs.A typical U.S. city of 10,000 to 50,000 people spends 18%.

Spending by category100%

Water, sewer, trash and utilities
37%$45.2 million
What's in water, sewer, trash and utilitiesElectric power; garbage and solid waste and 2 more
  • Electric power$35.4 million
  • Garbage and solid waste$4.7 million
  • Water supply$4.5 million
  • Sewer systems$615 thousand
Running the government and other costs
30%$36.8 million
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$32.5 million
  • Central staff services (personnel, purchasing, technology)$2.3 million
  • Finance, tax collection and budgeting$1.6 million
  • Government buildings$352 thousand
Police, fire, courts and jails
23%$28.4 million
What's in police, fire, courts and jailsPolice; courts and legal services and 2 more
  • Police$24.1 million
  • Courts and legal services$2.0 million
  • Inspections and regulation$1.2 million
  • Fire protection$1.2 million
Parks, recreation and libraries
3.8%$4.6 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$4.6 million
  • Libraries$11 thousand
Interest on debt
3.2%$3.9 million
Roads, transit and parking
2.4%$2.9 million
What's in roads, transit and parkingRoads and highways and parking
  • Roads and highways$2.8 million
  • Parking$89 thousand
Housing and community development
0.8%$952 thousand
Environment and natural resources
<0.1%$33 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$33 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 Freeport. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended February 28, 2024.

What this covers. The money of Village of Freeport 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.