Town government · Schenectady County, NY

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

In the latest recorded fiscal year (ended December 31, 2021), Princetown took in $1.1 million and spent $1.1 million.

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

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Where it comes from

Town taxes54%County and local tax money17%Fees for services (water)13%State tax money9.7%Fines and other6.2%

What stands out

20%

of Princetown's money comes from taxes other than property, sales and income taxes.Most U.S. townships and towns of under 10,000 people get none.

Town taxes54%

Property tax
34%$378 thousand
Other taxes
20%$224 thousand
What's in other taxesOther licenses and other taxes not classified elsewhere
  • Other licenses$131 thousand
  • Other taxes not classified elsewhere$93 thousand

Amounts are by Census tax category.

Fees for services13%

Fees for services
13%$147 thousand
What's in fees for servicesWater and other service charges
  • Water$143 thousand
  • Other service charges$4 thousand

Amounts are by Census type of charge.

State tax money9.7%

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

From the state
9.7%$108 thousand

County and local tax money17%

Money passed on by the county or other local governments.

From the county and other local governments
17%$186 thousand

Fines and other6.2%

Interest, rents and other
3.4%$38 thousand
Fines
2.8%$31 thousand

Where it goes

Water, sewer, trash and utilities30%Running the government and other costs30%Police, fire, courts and jails22%Interest on debt12%Roads, transit and parking5.7%Health and hospitals0.2%

What stands out

30%

of Princetown's spending goes to water, sewer, trash and other utilities.Most U.S. townships and towns of under 10,000 people spend nothing on this.

Spending by category100%

Water, sewer, trash and utilities
30%$325 thousand
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$325 thousand
Running the government and other costs
30%$317 thousand
What's in running the government and other costsGovernment buildings; other and not broken out and 2 more
  • Government buildings$101 thousand
  • Other and not broken out$90 thousand
  • Central staff services (personnel, purchasing, technology)$73 thousand
  • Finance, tax collection and budgeting$53 thousand
Police, fire, courts and jails
22%$232 thousand
What's in police, fire, courts and jailsFire protection; courts and legal services and 2 more
  • Fire protection$129 thousand
  • Courts and legal services$74 thousand
  • Inspections and regulation$17 thousand
  • Police$12 thousand
Interest on debt
12%$130 thousand
Roads, transit and parking
5.7%$61 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$61 thousand
Health and hospitals
0.2%$2 thousand
What's in health and hospitalsPublic health
  • Public health$2 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Princetown. 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 Town of Princetown 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.