Town government · Hamilton County, NY

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

In the latest recorded fiscal year (ended December 31, 2021), Hope took in $803 thousand and spent $927 thousand.

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

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Where it comes from

Town taxes69%State tax money16%Federal tax money6.0%Fees for services4.5%County and local tax money4.1%Fines and other0.9%

What stands out

6%

of Hope's money comes from federal tax money.Most U.S. townships and towns of under 10,000 people get none.

Town taxes69%

Property tax
67%$537 thousand
Other taxes
2.0%$16 thousand
What's in other taxesOther licenses and other taxes not classified elsewhere
  • Other licenses$15 thousand
  • Other taxes not classified elsewhere$1 thousand

Amounts are by Census tax category.

Fees for services4.5%

Fees for services
4.5%$36 thousand
What's in fees for servicesOther service charges
  • Other service charges$36 thousand

Amounts are by Census type of charge.

Federal tax money6.0%

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

From the federal government
6.0%$48 thousand

State tax money16%

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

From the state
16%$126 thousand

County and local tax money4.1%

Money passed on by the county or other local governments.

From the county and other local governments
4.1%$33 thousand

Fines and other0.9%

Interest, rents and other
0.5%$4 thousand
Fines
0.4%$3 thousand

Where it goes

Running the government and other costs44%Roads, transit and parking36%Police, fire, courts and jails13%Water, sewer, trash and utilities5.5%Parks, recreation and libraries0.4%Health and hospitals0.2%

What stands out

44%

of Hope's spending goes to running the government and other costs.A typical U.S. township or town of under 10,000 people spends 23%.

Spending by category100%

Running the government and other costs
44%$407 thousand
What's in running the government and other costsGovernment buildings; other and not broken out and 3 more
  • Government buildings$226 thousand
  • Other and not broken out$115 thousand
  • Finance, tax collection and budgeting$37 thousand
  • Central staff services (personnel, purchasing, technology)$28 thousand
  • Other government-run businesses$1 thousand
Roads, transit and parking
36%$338 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$338 thousand
Police, fire, courts and jails
13%$125 thousand
What's in police, fire, courts and jailsFire protection and courts and legal services
  • Fire protection$111 thousand
  • Courts and legal services$14 thousand
Water, sewer, trash and utilities
5.5%$51 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$51 thousand
Parks, recreation and libraries
0.4%$4 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$4 thousand
Health and hospitals
0.2%$2 thousand
What's in health and hospitalsPublic health
  • Public health$2 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Hope. 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 Hope 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.