Town government · Tioga County, NY

Newark Valley's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Newark Valley took in $2.0 million and spent $1.7 million.

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

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Where it comes from

Town taxes40%State tax money30%County and local tax money19%Federal tax money7.2%Fines and other3.8%Fees for services0.2%

What stands out

19%

of Newark Valley's money comes from county and other local tax money.Most U.S. townships and towns of under 10,000 people get none.

Town taxes40%

Property tax
36%$709 thousand
Other taxes
3.5%$68 thousand
What's in other taxesOther licenses; public utility taxes and 1 more
  • Other licenses$43 thousand
  • Public utility taxes$22 thousand
  • Other taxes not classified elsewhere$3 thousand

Amounts are by Census tax category.

Fees for services0.2%

Fees for services
0.2%$4 thousand
What's in fees for servicesOther service charges
  • Other service charges$4 thousand

Amounts are by Census type of charge.

Federal tax money7.2%

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

From the federal government
7.2%$142 thousand

State tax money30%

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

From the state
30%$592 thousand

County and local tax money19%

Money passed on by the county or other local governments.

From the county and other local governments
19%$373 thousand

Fines and other3.8%

Interest, rents and other
3.4%$66 thousand
Fines
0.5%$9 thousand

Where it goes

Roads, transit and parking63%Running the government and other costs27%Health and hospitals5.7%Police, fire, courts and jails3.4%Parks, recreation and libraries0.5%All other spending0.8%

What stands out

5.7%

of Newark Valley's spending goes to health services and hospitals.Most U.S. townships and towns of under 10,000 people spend nothing on this.

Spending by category100%

Roads, transit and parking
63%$1.0 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.0 million
Running the government and other costs
27%$448 thousand
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 3 more
  • Other and not broken out$319 thousand
  • Finance, tax collection and budgeting$53 thousand
  • Central staff services (personnel, purchasing, technology)$38 thousand
  • Government buildings$35 thousand
  • Other government-run businesses$3 thousand
Health and hospitals
5.7%$96 thousand
What's in health and hospitalsPublic health
  • Public health$96 thousand
Police, fire, courts and jails
3.4%$56 thousand
What's in police, fire, courts and jailsCourts and legal services and inspections and regulation
  • Courts and legal services$44 thousand
  • Inspections and regulation$12 thousand
Parks, recreation and libraries
0.5%$9 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$9 thousand
Water, sewer, trash and utilities
0.4%$7 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$7 thousand
Interest on debt
0.4%$6 thousand
Sent to other local governments
<0.1%$1 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$1 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Newark Valley. 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 Newark Valley 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.