City government · Cattaraugus County, NY
Olean's money: where it comes from and where it goes
In the latest recorded fiscal year (ended May 31, 2022), Olean took in $32.1 million and spent $31.1 million.
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Where it comes from
What stands out
of Olean's money comes from sales tax.Most U.S. cities of 10,000 to 50,000 people get none.
City taxes40%
What's in other taxesPublic utility taxes; other licenses and 1 more
- Public utility taxes$300 thousand
- Other licenses$241 thousand
- Occupation and business licenses$3 thousand
Amounts are by Census tax category.
Fees for services28%
What's in fees for servicesSewer; water and 5 more
- Sewer$4.1 million
- Water$3.8 million
- Other service charges$629 thousand
- Parks and recreation$240 thousand
- Airport$181 thousand
- Parking$106 thousand
- Garbage collection$19 thousand
Amounts are by Census type of charge.
Federal tax money3.4%
Grants from Washington, paid for by the federal taxes residents also pay.
State tax money24%
Money the state passes on, paid for by the state taxes residents also pay.
County and local tax money2.4%
Money passed on by the county or other local governments.
Fines and other1.7%
Where it goes
What stands out
of Olean's spending goes to roads, transit and parking.A typical U.S. city of 10,000 to 50,000 people spends 10%.
Spending by category100%
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 2 more
- Other and not broken out$7.0 million
- Finance, tax collection and budgeting$459 thousand
- Central staff services (personnel, purchasing, technology)$368 thousand
- Government buildings$129 thousand
What's in water, sewer, trash and utilitiesSewer systems and water supply
- Sewer systems$4.5 million
- Water supply$2.8 million
What's in police, fire, courts and jailsFire protection; police and 2 more
- Fire protection$3.1 million
- Police$2.9 million
- Inspections and regulation$107 thousand
- Courts and legal services$81 thousand
What's in roads, transit and parkingRoads and highways; public transit and 2 more
- Roads and highways$5.0 million
- Public transit$590 thousand
- Airports$165 thousand
- Parking$2 thousand
What's in parks, recreation and librariesParks and recreation
- Parks and recreation$1.4 million
What's in health and hospitalsPublic health
- Public health$114 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$40 thousand
Sources and moreWhere these numbers come from and what they cover
City of Olean. 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 City of Olean 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.