Village government · Herkimer County, NY

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

In the latest recorded fiscal year (ended May 31, 2022), Newport took in $316 thousand and spent $334 thousand.

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

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Where it comes from

County and local tax money37%Fees for services (water, electric power)31%Village taxes29%Fines and other2.8%

What stands out

37%

of Newport's money comes from county and other local tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

Village taxes29%

Property tax
24%$76 thousand
Other taxes
4.7%$15 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$11 thousand
  • Other licenses$4 thousand

Amounts are by Census tax category.

Fees for services31%

Fees for services
31%$99 thousand
What's in fees for servicesWater and electric power
  • Water$69 thousand
  • Electric power$30 thousand

Amounts are by Census type of charge.

County and local tax money37%

Money passed on by the county or other local governments.

From the county and other local governments
37%$117 thousand

Fines and other2.8%

Interest, rents and other
2.8%$9 thousand

Where it goes

Roads, transit and parking27%Water, sewer, trash and utilities23%Police, fire, courts and jails19%Running the government and other costs16%Interest on debt7.5%All other spending7.8%

What stands out

27%

of Newport's spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.

Spending by category100%

Roads, transit and parking
27%$91 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$91 thousand
Water, sewer, trash and utilities
23%$76 thousand
What's in water, sewer, trash and utilitiesWater supply and garbage and solid waste
  • Water supply$69 thousand
  • Garbage and solid waste$7 thousand
Police, fire, courts and jails
19%$62 thousand
What's in police, fire, courts and jailsFire protection; inspections and regulation and 1 more
  • Fire protection$57 thousand
  • Inspections and regulation$4 thousand
  • Courts and legal services$1 thousand
Running the government and other costs
16%$54 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 2 more
  • Central staff services (personnel, purchasing, technology)$25 thousand
  • Other and not broken out$22 thousand
  • Finance, tax collection and budgeting$5 thousand
  • Other government-run businesses$2 thousand
Interest on debt
7.5%$25 thousand
Parks, recreation and libraries
5.1%$17 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$17 thousand
Environment and natural resources
2.4%$8 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$8 thousand
Health and hospitals
0.3%$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 Newport. 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 Newport 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.