Village government · Delaware County, NY

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

In the latest recorded fiscal year (ended May 31, 2022), Margaretville took in $2.5 million and spent $2.5 million.

Latest recorded year: ended May 31, 2022Comes fromGoes to

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Where it comes from

State tax money79%Village taxes16%Fees for services (water)5.0%Fines and other0.2%

What stands out

79%

of Margaretville's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.

Village taxes16%

Property tax
15%$378 thousand
Other taxes
0.6%$14 thousand
What's in other taxesOther taxes not classified elsewhere and other licenses
  • Other taxes not classified elsewhere$9 thousand
  • Other licenses$5 thousand

Amounts are by Census tax category.

Fees for services5.0%

Fees for services
5.0%$124 thousand
What's in fees for servicesWater; other service charges and 1 more
  • Water$99 thousand
  • Other service charges$15 thousand
  • Other government-run businesses$10 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

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

From the federal government
<0.1%$1 thousand

State tax money79%

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

From the state
79%$2.0 million

Fines and other0.2%

Interest, rents and other
0.2%$6 thousand

Where it goes

Running the government and other costs89%Roads, transit and parking4.1%Water, sewer, trash and utilities3.3%Parks, recreation and libraries2.8%Interest on debt0.9%All other spending0.3%

What stands out

89%

of Margaretville's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Running the government and other costs
89%$2.2 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 3 more
  • Other and not broken out$2.1 million
  • Central staff services (personnel, purchasing, technology)$93 thousand
  • Government buildings$19 thousand
  • Other government-run businesses$11 thousand
  • Finance, tax collection and budgeting$10 thousand
Roads, transit and parking
4.1%$102 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$102 thousand
Water, sewer, trash and utilities
3.3%$83 thousand
What's in water, sewer, trash and utilitiesWater supply and garbage and solid waste
  • Water supply$81 thousand
  • Garbage and solid waste$2 thousand
Parks, recreation and libraries
2.8%$69 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$66 thousand
  • Libraries$3 thousand
Interest on debt
0.9%$23 thousand
Police, fire, courts and jails
0.2%$4 thousand
What's in police, fire, courts and jailsCourts and legal services
  • Courts and legal services$4 thousand
Housing and community development
<0.1%$2 thousand
Health and hospitals
<0.1%$1 thousand
What's in health and hospitalsPublic health
  • Public health$1 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Margaretville. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended May 31, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Village of Margaretville 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.