Village government · Wyoming County, NY

Silver Springs's money: where it comes from and where it goes

In the latest recorded fiscal year (ended May 31, 2022), Silver Springs took in $1.2 million and spent $1.2 million.

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

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Where it comes from

Fees for services (electric power, water)69%Village taxes24%County and local tax money3.2%Federal tax money2.3%Fines and other1.3%State tax money0.3%

What stands out

69%

of Silver Springs' money comes from fees for services such as water, sewer and parking.A typical U.S. city, town or village of under 10,000 people gets 35%.

Village taxes24%

Property tax
21%$257 thousand
Other taxes
2.3%$28 thousand
What's in other taxesPublic utility taxes; other licenses and 1 more
  • Public utility taxes$25 thousand
  • Other licenses$2 thousand
  • Amusement licenses$1 thousand

Amounts are by Census tax category.

Fees for services69%

Fees for services
69%$827 thousand
What's in fees for servicesElectric power; water and 2 more
  • Electric power$543 thousand
  • Water$252 thousand
  • Other service charges$30 thousand
  • Parks and recreation$2 thousand

Amounts are by Census type of charge.

Federal tax money2.3%

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

From the federal government
2.3%$28 thousand

State tax money0.3%

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

From the state
0.3%$3 thousand

County and local tax money3.2%

Money passed on by the county or other local governments.

From the county and other local governments
3.2%$38 thousand

Fines and other1.3%

Interest, rents and other
1.0%$12 thousand
Fines
0.3%$4 thousand

Where it goes

Water, sewer, trash and utilities43%Police, fire, courts and jails23%Running the government and other costs15%Roads, transit and parking9.0%Interest on debt6.1%All other spending3.4%

What stands out

23%

of Silver Springs' spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Water, sewer, trash and utilities
43%$534 thousand
What's in water, sewer, trash and utilitiesElectric power; water supply and 1 more
  • Electric power$382 thousand
  • Water supply$151 thousand
  • Sewer systems$1 thousand
Police, fire, courts and jails
23%$293 thousand
What's in police, fire, courts and jailsFire protection and courts and legal services
  • Fire protection$271 thousand
  • Courts and legal services$22 thousand
Running the government and other costs
15%$191 thousand
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 3 more
  • Other and not broken out$133 thousand
  • Finance, tax collection and budgeting$36 thousand
  • Central staff services (personnel, purchasing, technology)$11 thousand
  • Government buildings$10 thousand
  • Other government-run businesses$1 thousand
Roads, transit and parking
9.0%$112 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$112 thousand
Interest on debt
6.1%$76 thousand
Sent to other local governments
2.1%$26 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$26 thousand
Health and hospitals
0.7%$9 thousand
What's in health and hospitalsPublic health
  • Public health$9 thousand
Parks, recreation and libraries
0.6%$8 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$8 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Silver Springs. 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 Silver Springs 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.