Village government · Albany County, NY

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

In the latest recorded fiscal year (ended May 31, 2024), Ravena took in $4.0 million and spent $4.1 million.

Latest recorded year: ended May 31, 2024Comes fromGoes to

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Where it comes from

Fees for services (water, sewer)32%County and local tax money28%Village taxes27%State tax money9.8%Fines and other2.1%Federal tax money0.7%

What stands out

28%

of Ravena'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 taxes27%

Property tax
25%$1.0 million
Other taxes
1.8%$73 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$45 thousand
  • Other licenses$28 thousand

Amounts are by Census tax category.

Fees for services32%

Fees for services
32%$1.3 million
What's in fees for servicesWater; sewer and 2 more
  • Water$718 thousand
  • Sewer$572 thousand
  • Parks and recreation$8 thousand
  • Other service charges$3 thousand

Amounts are by Census type of charge.

Federal tax money0.7%

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

From the federal government
0.7%$30 thousand

State tax money9.8%

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

From the state
9.8%$395 thousand

County and local tax money28%

Money passed on by the county or other local governments.

From the county and other local governments
28%$1.1 million

Fines and other2.1%

Interest, rents and other
2.1%$84 thousand

Where it goes

Running the government and other costs49%Water, sewer, trash and utilities29%Roads, transit and parking9.3%Parks, recreation and libraries4.8%Police, fire, courts and jails4.3%All other spending4.0%

What stands out

49%

of Ravena's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Running the government and other costs
49%$2.0 million
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$1.7 million
  • Finance, tax collection and budgeting$187 thousand
  • Central staff services (personnel, purchasing, technology)$81 thousand
  • Government buildings$62 thousand
Water, sewer, trash and utilities
29%$1.2 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$638 thousand
  • Sewer systems$540 thousand
  • Garbage and solid waste$7 thousand
Roads, transit and parking
9.3%$384 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$384 thousand
Parks, recreation and libraries
4.8%$199 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$199 thousand
Police, fire, courts and jails
4.3%$177 thousand
What's in police, fire, courts and jailsFire protection; inspections and regulation and 1 more
  • Fire protection$80 thousand
  • Inspections and regulation$78 thousand
  • Courts and legal services$19 thousand
Interest on debt
3.7%$152 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$93 thousand
  • Interest on water supply debt$59 thousand
Sent to other local governments
0.3%$11 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$11 thousand
Health and hospitals
<0.1%$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 Ravena. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended May 31, 2024.

What this covers. The money of Village of Ravena 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.