Village government · Otsego County, NY

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

In the latest recorded fiscal year (ended May 31, 2022), Otego took in $504 thousand and spent $478 thousand.

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

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Where it comes from

Village taxes41%Fees for services (water)30%County and local tax money15%State tax money13%Federal tax money1.0%

What stands out

15%

of Otego'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 taxes41%

Property tax
37%$188 thousand
Other taxes
4.0%$20 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$15 thousand
  • Other licenses$5 thousand

Amounts are by Census tax category.

Fees for services30%

Fees for services
30%$153 thousand
What's in fees for servicesWater and other service charges
  • Water$150 thousand
  • Other service charges$3 thousand

Amounts are by Census type of charge.

Federal tax money1.0%

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

From the federal government
1.0%$5 thousand

State tax money13%

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

From the state
13%$64 thousand

County and local tax money15%

Money passed on by the county or other local governments.

From the county and other local governments
15%$74 thousand

Where it goes

Roads, transit and parking37%Running the government and other costs30%Water, sewer, trash and utilities24%Parks, recreation and libraries7.9%Police, fire, courts and jails0.8%

What stands out

37%

of Otego'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
37%$175 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$175 thousand
Running the government and other costs
30%$145 thousand
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 1 more
  • Other and not broken out$57 thousand
  • Central staff services (personnel, purchasing, technology)$53 thousand
  • Government buildings$35 thousand
Water, sewer, trash and utilities
24%$116 thousand
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$116 thousand
Parks, recreation and libraries
7.9%$38 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$38 thousand
Police, fire, courts and jails
0.8%$4 thousand
What's in police, fire, courts and jailsInspections and regulation
  • Inspections and regulation$4 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Otego. 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 Otego 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.