Town government · Hamilton County, NY

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

In the latest recorded fiscal year (ended December 31, 2021), Inlet took in $62 thousand and spent $66 thousand.

Latest recorded year: ended December 31, 2021Comes from Goes to

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Where it comes from

Fines and other89%County and local tax money6.5%State tax money4.8%

What stands out

89%

of Inlet's money comes from interest, rents and other revenue.A typical U.S. township or town of under 10,000 people gets 1%.

State tax money4.8%

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

From the state

4.8%$3 thousand

County and local tax money6.5%

Money passed on by the county or other local governments.

From the county and other local governments

6.5%$4 thousand

Fines and other89%

Interest, rents and other

89%$55 thousand

Where it goes

Parks, recreation and libraries64%Interest on debt36%

What stands out

64%

of Inlet's spending goes to parks, recreation and libraries.Most U.S. townships and towns of under 10,000 people spend nothing on this.

Spending by category100%

Parks, recreation and libraries

64%$42 thousand

What's in parks, recreation and librariesLibraries

Libraries$42 thousand

Interest on debt

36%$24 thousand

Sources and moreWhere these numbers come from and what they cover

Town of Inlet. 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 Inlet 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.