Village government · Franklin County, NY

Saranac Lake's money: where it comes from and where it goes

In the latest recorded fiscal year (ended May 31, 2022), Saranac Lake took in $12.1 million and spent $15.1 million.

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

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Where it comes from

Village taxes35%Fees for services (water, sewer)32%State tax money14%County and local tax money12%Federal tax money3.8%Fines and other2.6%

What stands out

12%

of Saranac Lake'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 taxes35%

Property tax
34%$4.1 million
Other taxes
1.6%$197 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$118 thousand
  • Other licenses$79 thousand

Amounts are by Census tax category.

Fees for services32%

Fees for services
32%$3.9 million
What's in fees for servicesWater; sewer and 3 more
  • Water$1.9 million
  • Sewer$1.5 million
  • Other service charges$383 thousand
  • Parks and recreation$98 thousand
  • Electric power$1 thousand

Amounts are by Census type of charge.

Federal tax money3.8%

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

From the federal government
3.8%$459 thousand

State tax money14%

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

From the state
14%$1.7 million

County and local tax money12%

Money passed on by the county or other local governments.

From the county and other local governments
12%$1.5 million

Fines and other2.6%

Interest, rents and other
2.6%$317 thousand

Where it goes

Water, sewer, trash and utilities59%Police, fire, courts and jails15%Roads, transit and parking8.5%Running the government and other costs8.3%Interest on debt3.7%All other spending5.6%

What stands out

59%

of Saranac Lake's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
59%$9.0 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$5.8 million
  • Sewer systems$3.0 million
  • Garbage and solid waste$145 thousand
Police, fire, courts and jails
15%$2.2 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$1.4 million
  • Fire protection$612 thousand
  • Inspections and regulation$115 thousand
  • Courts and legal services$51 thousand
Roads, transit and parking
8.5%$1.3 million
What's in roads, transit and parkingRoads and highways and parking
  • Roads and highways$1.3 million
  • Parking$23 thousand
Running the government and other costs
8.3%$1.3 million
What's in running the government and other costsOther and not broken out; government buildings and 2 more
  • Other and not broken out$864 thousand
  • Government buildings$258 thousand
  • Central staff services (personnel, purchasing, technology)$93 thousand
  • Finance, tax collection and budgeting$39 thousand
Interest on debt
3.7%$552 thousand
Parks, recreation and libraries
2.6%$386 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$386 thousand
Housing and community development
2.5%$380 thousand
Health and hospitals
0.4%$60 thousand
What's in health and hospitalsPublic health
  • Public health$60 thousand
Sent to other local governments
0.1%$19 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$19 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Saranac Lake. 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 Saranac Lake 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.