Village government · Tioga County, NY

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

In the latest recorded fiscal year (ended February 28, 2022), Newark Valley took in $1.2 million and spent $992 thousand.

Latest recorded year: ended February 28, 2022Comes fromGoes to

See every government that serves your ZIP

Where it comes from

Fees for services (water, garbage collection)29%Village taxes27%Fines and other12%Federal tax money11%County and local tax money11%State tax money10%

What stands out

11%

of Newark Valley's money comes from federal tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

Village taxes27%

Property tax
24%$290 thousand
Other taxes
2.3%$28 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$15 thousand
  • Other licenses$13 thousand

Amounts are by Census tax category.

Fees for services29%

Fees for services
29%$346 thousand
What's in fees for servicesWater; garbage collection and 2 more
  • Water$232 thousand
  • Garbage collection$79 thousand
  • Other service charges$32 thousand
  • Parks and recreation$3 thousand

Amounts are by Census type of charge.

Federal tax money11%

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

From the federal government
11%$133 thousand

State tax money10%

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

From the state
10%$124 thousand

County and local tax money11%

Money passed on by the county or other local governments.

From the county and other local governments
11%$127 thousand

Fines and other12%

Interest, rents and other
12%$145 thousand

Where it goes

Running the government and other costs48%Water, sewer, trash and utilities24%Roads, transit and parking11%Parks, recreation and libraries9.4%Interest on debt6.0%Police, fire, courts and jails1.0%

What stands out

48%

of Newark Valley'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
48%$477 thousand
What's in running the government and other costsGovernment buildings; other and not broken out and 2 more
  • Government buildings$256 thousand
  • Other and not broken out$118 thousand
  • Finance, tax collection and budgeting$94 thousand
  • Central staff services (personnel, purchasing, technology)$9 thousand
Water, sewer, trash and utilities
24%$242 thousand
What's in water, sewer, trash and utilitiesWater supply and garbage and solid waste
  • Water supply$163 thousand
  • Garbage and solid waste$79 thousand
Roads, transit and parking
11%$110 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$110 thousand
Parks, recreation and libraries
9.4%$93 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$50 thousand
  • Parks and recreation$43 thousand
Interest on debt
6.0%$60 thousand
Police, fire, courts and jails
1.0%$10 thousand
What's in police, fire, courts and jailsInspections and regulation and courts and legal services
  • Inspections and regulation$7 thousand
  • Courts and legal services$3 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Newark Valley. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended February 28, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Village 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.