City government · Westchester County, NY

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

In the latest recorded fiscal year (ended December 31, 2021), Peekskill took in $66.2 million and spent $59.4 million.

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

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Where it comes from

City taxes43%Fees for services (water, electric power)20%Fines and other13%Federal tax money12%State tax money11%County and local tax money<0.1%

What stands out

8.9%

of Peekskill's money comes from sales tax.Most U.S. cities of 10,000 to 50,000 people get none.

City taxes43%

Property tax
28%$18.5 million
Sales tax
8.9%$5.9 million
Other taxes
3.9%$2.6 million
What's in other taxesOther licenses; public utility taxes and 1 more
  • Other licenses$1.7 million
  • Public utility taxes$710 thousand
  • Other selective sales taxes$202 thousand

Amounts are by Census tax category.

Individual income tax
1.9%$1.2 million

Fees for services20%

Fees for services
20%$13.4 million
What's in fees for servicesWater; electric power and 5 more
  • Water$7.9 million
  • Electric power$1.9 million
  • Sewer$1.6 million
  • Other service charges$795 thousand
  • Parking$742 thousand
  • Parks and recreation$330 thousand
  • Housing$139 thousand

Amounts are by Census type of charge.

Federal tax money12%

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

From the federal government
12%$8.1 million

State tax money11%

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

From the state
11%$7.5 million

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments
<0.1%$55 thousand

Fines and other13%

Interest, rents and other
12%$8.2 million
Fines
1.1%$746 thousand

Where it goes

Running the government and other costs38%Police, fire, courts and jails22%Social services12%Water, sewer, trash and utilities10%Interest on debt5.6%All other spending12%

What stands out

12%

of Peekskill's spending goes to social services.Most U.S. cities of 10,000 to 50,000 people spend nothing on this.

Spending by category100%

Running the government and other costs
38%$22.4 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
  • Other and not broken out$20.2 million
  • Central staff services (personnel, purchasing, technology)$879 thousand
  • Finance, tax collection and budgeting$840 thousand
  • Government buildings$555 thousand
Police, fire, courts and jails
22%$13.0 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$8.0 million
  • Fire protection$3.8 million
  • Courts and legal services$625 thousand
  • Inspections and regulation$501 thousand
Social services
12%$7.3 million
What's in social servicesOther public welfare
  • Other public welfare$7.3 million
Water, sewer, trash and utilities
10%$6.1 million
What's in water, sewer, trash and utilitiesWater supply; garbage and solid waste and 1 more
  • Water supply$3.8 million
  • Garbage and solid waste$1.6 million
  • Sewer systems$662 thousand
Interest on debt
5.6%$3.3 million
Parks, recreation and libraries
4.9%$2.9 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$2.9 million
Roads, transit and parking
3.9%$2.3 million
What's in roads, transit and parkingRoads and highways and parking
  • Roads and highways$2.1 million
  • Parking$182 thousand
Housing and community development
2.5%$1.5 million
Sent to other local governments
0.6%$339 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$339 thousand
Health and hospitals
0.4%$231 thousand
What's in health and hospitalsPublic health
  • Public health$231 thousand
Sources and moreWhere these numbers come from and what they cover

City of Peekskill. 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 City of Peekskill 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.